Mortgage Brain completes MortgageStream Acquisition

Mortgage Brain, the market leading mortgage technology solutions provider, has announced today that it has completed the acquisition of point-of-sale and case management system provider, MortgageStream.

The acquisition, first announced at the beginning of December 2011, means that MortgageStream’s customers will now have direct access to multiple product channels including mortgage sourcing, e-trading, website provision plus a wide range of business partners offering cross sales opportunities.

The deal, completed for an undisclosed sum, means that 13.4% of authorised UK mortgage firms will now be using either the Key, Mortgage Brain’s flagship point-of-sale, CRM and compliance system or MortgageStream.

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