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    KPMG called in at mortgage lender

    KPMG called in at mortgage lender

    Victoria Mortgage Funding collapses

    Author Date published September 10, 2007 Categories

    Administrators from KPMG have been called in following the collapse of
    wholesale lender, Victoria Mortgage
    Funding.

    The firm’s appointment was announced by regulator, the
    Financial Services Authority after the
    group was placed in administration.

    Christine Laverty and Michael McLoughlin of KPMG have been appointed as joint
    administrators of the lender.

    Up to 381 customers who have current mortgage offers may be affected.

    Further reading:

    KPMG extends hand to black community

    KPMG only firm with more than 400 listed audits

    KPMG predicts insolvency numbers to hit 120,000

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