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Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Lender Panel Managers and Lender-Managed Portals
Change Date : 24/04/2024 | Word Count: 169 | Deployment Measure : 9/10
Rationale:
Given that a significant proportion of lenders now utilise the services of managed portals, it is important that your Dealing with Lender Policy sets out specific obligations in terms of communicating and updating these portals.
Some Lenders now use LMS “Secure Link” or lender managed portal for more direct electronic communications. These should be used where possible as they are quicker and easier for us
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