Sesame slashes packager panel

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Sesame has slashed its packager panel from 53 to 17 stating that it has found it difficult to maintain its relationships with all of its packagers since the onset of mortgage regulation.

Sesame’s sales and marketing director, Stephen Young, says it has become increasingly difficult for the network to manage effective relationships with all 53 packagers on its panel since the onset of mortgage regulation. He adds: “Sesame has been one of the few mortgage networks to maintain a substantial list of approved packagers, at a time when some of our competitors are operating with only one or two. “Packagers have a vital role to play and our new approach follows a thorough review of the market, which will enable Sesame to deliver a more robust and enhanced service in the future. ...

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