AMPD seeks integrated online system

November 2006
Mortgage Strategy;11/27/2006, p10
Trade Publication
The article reports on the plan of the 13 members of the Alliance of Mortgage Packager Distributors (AMPD) in Great Britain to invest in an online mortgage hub in 2007. AMPD is already track to complete around £ billion in 2007. It is looking for a common hub by which business members can source products and transmit applications directly to lenders. As stated by Eddie Smith that with the system each members' separate back office system can be integrated into a common hub.


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