Mortgage Brain sees growth across the whole of its business

Mortgage Brain, the multi-award winning mortgage technology solutions provider, is poised to finish 2012 on a high note having experienced significant growth across all areas of the business over the past 12 months.

Its suite of technology solutions encompassing mortgage sourcing, point-of-sale and compliance and electronic trading, have all increased their market share and contributed to the continued growth and success of the business.

ALL NEW MortgageBrain, the company’s most innovative mortgage sourcing system, dominated the sourcing market in 2012 witnessing a 43% increase in user numbers over the past 12 months.

The Key, Mortgage Brain’s point-of-sale, compliance and CRM system, performed equally well having seen a 35% increase in its market share since the end of 2011.

Additionally, the Mortgage Trading Exchange (mte), the industry’s only true electronic trading platform, recently announced a 21% increase in the number of mortgage transactions processed via the platform compared to this time last year.

Click here to view the full article.

Nationwide enhances its mte capabilities

Nationwide has become the first UK lender to adopt the Mortgage Trading Exchange’s (mte’s) enhanced mortgage application functions and capabilities.

In addition to seamless integration with its credit score and back office systems, and pre-population of application data, Nationwide is now offering users of the mte enhanced case tracking capabilities and the ability to ‘scan and attach’ supporting application documentation.

Brokers using Nationwide’s new application forms via the mte can also reserve a mortgage for their clients via its Standalone Product Reservation feature as well as helping their clients select a solicitor from a simplified drop down process.

Available now to all users of the mte, the new application form enhancements have been designed to further streamline the mortgage application process by offering greater functionality, increased efficiency and reduced paperwork.

Click here to view the full article.