New Packager ready to enter Secured Loans Market

Bestadvice reports that Fiscal Concepts, the Edgeware based Mortgage specialist, is to start packaging Secured Loans and Sub Prime Mortgages from next week.
Fiscal’s director of mortgage strategy, Ronnie Golding criticised some masterbrokers currently operating in the market saying there is a general lack of experience in the secured lending sector.
He said: “We currently deal with secured and unsecured loans. We discovered that we are better at the technical knowledge than the other people that we talk to. It’s amazing – we talk to underwriters and we have forgotten more than they know.
“There is no substitute for having done something for numerous years. We are looking to launch an apprenticeship scheme too. There are lots of graduates in the industry that haven’t got a clue about the real world. What happens in real life has nothing to do with a string of exams.”
Now I’m not one to openly criticise….let he who casts the first stone and all that…but I think Fiscal Concepts website needs a little bit of work. It looked like there were lots of things to click on to get details about the company, what they did etc. But when you dig into it there’s hardly any information there at all.
However, good look to them in their entry into the secured loans market