View more on these topics

Origo sets its FMA target

Origo says it is looking to have its XML standards for full mortgage applications by the end of the year.

It says its four priorities are full mortgage applica-tion, tracking, sourcing and commission.

Origo says this will follow the delivery of its standards for pre-offer key facts illustrations in April and the work already started on agreement in principle standards, which are expected to completed in June.

Currently, intermediaries use web-based systems or paper forms to submit FMAs to lenders, using their back office software or via packagers.

The FMA standard will be provide a single consistent FMA message between intermediaries and trading partners and reduce the amount of information that needs to be rekeyed.

Origo says the FMA standards will help the industry move towards complete end-to-end processing, complement the pre-offer KFI and AIP standards and broadly complete standards for the sales process.

Managing director Paul Pettitt says: “FMA is the next top priority and is the logical next step in completing the sales process.”

Recommended

RBS in multi-brand move

Firm admits proposition not working and aims to mimic HBoS version after stiff criticism from brokers.

Taken off the menu

The FSA has finally come out and admitted defeat, sounding the death knell for that onerous and, according to some advisers who have been in contact with Money Marketing, “pointless” document.

Scot Wids paid out £25m of CI claims last year

Scottish Widows paid out more than £25 million on 774 critical illness claims in the year up to October 2006.The provider has released its critical illness claims history, showing a total payout of over £120 million for 3,703 critical illness claims between January 2000 and October 2006.Cancer accounted for more than 60 per cent of […]

Under the influencer

Having just ordered dog food, a trip to Spain, home contents insurance and a PS2 Singsong game on the internet, I then skipped through a report from the Interactive Media in Retail Group, an organisation that tracks internet sales.

Large-cap growth alpha thesis: seeking risk-adjusted excess returns

Content supplied by Loomis, Sayles & Company — an affiliate of Natixis Global Asset Management For mutual fund investors and managers of large pensions or endowments, a major challenge is to identify those portfolio managers who are most likely to deliver superior risk-adjusted returns in the future. Understanding how an investment philosophy informs a manager’s decision […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com