Prestige Finance introduces 'roving underwriter'

Prestige Finance, the intermediary focused secured loan lender, part of OneSavings Bank, has appointed Janet Frame as a roving underwriter.

Related topics:  Specialist Lending
Amy Loddington
5th February 2014
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In the wake of increasing demand for Prestige’s latest product offering, the deployment of individuals who could assess cases onsite at the introducers’ offices was a concept supported by introducers as a real step forward in helping them to correctly present cases for underwriting.

Janet Frame worked for HFS Loans from 2001 to 2006 as a lending manager and then for GE Money Home Lending as a BDM. Latterly, she has undertaken contract work for Lloyds TSB, Santander and Aldermore.

Simon Stern, Director of Prestige Finance, said:

“Janet has the experience of both the face to face role with intermediaries and real hands on work as an underwriter built up over many years. Her role is an advisory one and, while she will not be mandated, she has the vital experience necessary to assess cases, advise on packaging requirements and train broker staff when required. She will be working very closely with the New Business team in Bushey so she can talk through more complex cases with colleagues directly.”

He added:

“Janet will start working with our introducer partners in the North of England, Midlands and Wales and if, as we expect, the trial is a success, we are planning to appoint more experienced personnel to what we believe is a very crucial role in bridging any gaps between ourselves and our introducers so that business flows remain strong and communication is kept at a high level.”

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