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Paragon hires new director of mortgage underwriting

The Paragon Group of Companies has appointed Paul Clampin as director of mortgage underwriting.

Clampin was most recently Charteris Insurance’s country manager UK and Northern Europe, working with lenders to help them mitigate risk. Prior to this, he was head of new lending for Mortgage Trust.

He will be responsible for underwriting mortgages generated via the Paragon Mortgages’ brand.

Clampin says: “The strong performance of Paragon’s existing loan book highlights the Group’s underwriting pedigree and I am looking forward to helping the Group continue its strategy of prudent and risk-averse lending. We are targeting high quality buy-to-let propositions.”

Paragon Group director of mortgages John Heron says: “He is well known in the UK mortgage market and joins us with a strong background in mortgage underwriting and origination. He will be a real asset as we move forward.”

Last month, Paragon Mortgages made a much-anticipated return to new lending for the first time since February 2008.

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