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Cummings in pledge that his Aifa role will not affect AMI

Association of Mortgage Intermediaries director Chris Cummings has assured mortgage intermediaries that the AMI will keep its independence despite his appointment as deputy director general of Aifa.

He says he will not forsake any of his tasks as AMI director and
believes that his two roles will work well with each other. He is
adamant that the AMI will not be rolled into Aifa.

Cummings will take on any of the presentations and roadshows around
the UK that director general David Severn cannot do.

Cummings says the appointment of Severn as Aifa director general is
good because of his contacts and know-ledge of the European Union,
which is responsible for around 70 per cent of regulation.

Cummings says: “We are both facing a single regulator. There is a
commonality of issues that we face, so it makes a lot of sense.”

Hamptons International Mortgages managing director Kevin Duffy says:
“There is no doubt that Chris deserves promotion but intermediaries
will watch very carefully to see that his influence continues at the

The Mortgage Portfolio mortgage planner Simon Chalk says: “If
anything, it could enhance the AMI’s position to have an influence on
two boards.”


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