Elephant Loans joins AMI

Managing director Gary Miller-Cheevers, comments: "With its effective lobbying for clarification of the FSA regulations in the run up to 'Mortgage Day', AMI has established its authority as the champion of the mortgage intermediary and continues to demonstrate its influence within the industry.

"The recent merger of our direct to consumer secured loans business and our mortgage packaging divisions has brought to the fore the complexity of issues surrounding regulation in preparation for 31 October and in anticipation of additional regulation in the future. As a rapidly growing company, we feel it is important to both support and have the support of AMI."

Chris Cummings, director of AMI, adds: "We are delighted to welcome Elephant Loans as a member of AMI. The FSA is listening to AMI’s views on regulation and we are achieving this level of influence thanks, in part, to the fact that our membership is growing so quickly.

"With regulation only a few short months away, it’s vital that firms have all the support they need. Whether it’s through our helpdesk, factsheets, newsletters or personal meetings, AMI gives its members that backing."