BusinessBusiness RecoveryKPMG called in at mortgage lender

KPMG called in at mortgage lender

Victoria Mortgage Funding collapses

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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