Both appointments are chartered accountants by profession and have extensive experience in the financial services industry.
This successful application means that Castle Trust is now authorised with restrictions as a bank and now enters into a mobilisation period.
This follows recent base rate changes by the Bank of England to 0.1%.
This decision hopes to protect the long-term future of their business, preserve jobs and support existing customers.
The securitisation comprised of £285m worth of UK prime BTL mortgage loans.
Mortgage Brain has introduced a number of measures to support the industry as working practices change as a result of coronavirus.
PMS and Sesame mortgage completions rose to £44.4bn in 2019.
The FCA has also provided clarification in relation to suspension of products and policy renewals.
Unauthorised fraud loses fell to £825m, which is a year-on-year decrease of 2%.