A group of eight mortgage lenders have confirmed their ongoing support for the TCF Lender Forum and <a href="http://www.tcfinfo.co.uk">TCF Info</a>, the website dedicated to supporting intermediaries in treating customers fairly (TCF).
The Council of Mortgage Lenders (CML) has also announced that it will be taking an active role as well in the next 12 months. The move is to assist both lenders and their distribution partners in preparing for the changing regulatory environment as the mortgage market review progresses in 2011.
Industry support for the TCF Lender Forum and www.tcfinfo.co.uk now accounts for 21 lending brands in 2010/2011. The Lender Forum was established in November 2005 as a result of a shared desire by its lender members to offer mortgage intermediaries a free, single, neutral and practical source of information on outcome based regulation.
The CML will use input from the forum to strengthen their broader representational work. As a result, this involvement with the TCF Lender Forum will give the CML an opportunity to communicate with the wider industry audience, including intermediaries, at a crucial time, with a mortgage market review consultation under way on distribution with responses in February 2011.
The forum will continue to be chaired and organised by Frank Eve Consulting Limited, but with active CML involvement in meetings.
Michael Coogan, director general of the CML, said: “With Frank Eve’s assistance
