'Credit Management has become exceptionally busy due to the 'credit crunch' which has impacted in all areas of the business.  We have an impending visit by FITCH who will be expecting toughened procedures.  The following factors will be impacting on possessions and losses:

-stagnating housing market leading to lack of equity
-increasing difficukty getting approval for a mortgage/remortgage
-fixed rate mortgage deals ending

You are responsible for managing and having influence over any systems/procedures that will avoid/lessen potential losses.

Prepare a 10 min presentation describing how you plan to take control of mitigating future losses, please consider the following factors:

- working with the borrower
- management of possessions cases
- procedures for timely spotting of potential shortfall cases
- improvements in claiming back losses
- solicitors performance

If anyone manages to stay awake after reading it, that's the brief I've been given.

To be honest, I'd far rather be given something to improvise on at the time :-\

Crikey! Nice Very nice!

I'm going to take that as a compliment

DTJ, the feather boa ruled.  A workmate had it draped across her computer at work so I borrowed it, broke my heart to give it back!

I think I recall that little BJ factoid.

I could have gone to see Bruce Springsteen in Cardiff for absolutely nothing, hotel and everything paid for, on Saturday, but I've had to refuse the invitation as I'm moving house

I had it and YG2 on VHS a long time ago, god knows what's happened to them now.  I'm after YG2 on dvd now, looked for it today in town but didn't see it.  I'll order it from somewhere after I move house next week.

That's a bargain and a half! :rockon  I have Blaze Of Glory on 7" vinyl lol