For consumers seeking mortgage advice on how to avoid foreclosure or to get a better rate, a new portal has opened up that should make it much easier. Government officials have been encouraging consumers to get mortgage advice if they feel that they are at risk for a foreclosure, but there have not been many available mortgage advice options.Lucy Barrett, director, W&B Mortgage Solutions, said: “Like most packagers we are using our ability to adapt to changing market conditions to make the most of other opportunities within the specialist sector of the market, and looking at other ways to place cases for our introducers wherever possible, which of course includes our movement into the growing market of debt solutions. We already have a large panel of lenders, but our partnership with The Debt Advice Portal enables us to offer an important insolvency advice service, which complements our current product offering to the broker.”Nick Du Boulay, director, the Debt Advice Portal, added: “We are excited to be working together with W&B Mortgage Solutions. Debt is becoming an increasingly prevalent issue, and we aim to complete the ‘advice circle’ so packagers can offer truly holistic service to their brokers and end clients.”
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