CasePRO: imperative brokers automate their admin

CasePRO, a case management system provider, is looking to bring affordable processing technology to the market. It believes that regardless of size, mortgage brokers, packagers and lenders need to put technology at the heart of their businesses.
CasePRO says its research indicates that up to 50% of mortgage brokerages still rely on manual record keeping in [...]

Orbiter unveils mortgage and secured loan comparison service

Orbiter, the new online sourcing and compliance service from Orbiter Group, is to enable advisers to compare mortgages and secured loans.
Pete Thomson, sales and marketing director at Orbiter Group, said: “Advisers are used to being able to source mortgages and secured loans, but to be able to compare them to each other is something we [...]

Target ties up LV= managed services deal

Target Group has secured a contract to manage information systems for LV=. The three-year deal will see the Cardiff-based software and processes provider take control of the data management of LV=’s existing loan operation.
Target will manage the infrastructure that LV= uses for processing, account management, arrears management, and securitisation.
LV= and Target have worked together since [...]

Focus to power Unisys platform

Focus Solutions has begun a strategic partnership with Unisys.
The partnership will provide Unisys with technology from Focus Solutions for their multi-channel mortgage origination platform. Unisys selected focus:technology after a strategic review of the leading forms suppliers in the market.
Based on Focus’ experience of creating sales automation and advanced web based applications, Unisys is set to [...]

Mortgage 2000 drops sourcing system cost below £2 per week

The monthly cost of the Mortgage 2000 sourcing system, formerly Encore, is being reduced from £23 plus VAT per month to £8.50 plus VAT – the equivalent of just £1.96 a week.
Nikki Haworth, Head of Mortgage 2000, said: “We are offering a 63 per cent reduction to support mortgage brokers at a very difficult time [...]

Trigold updates Case Manager

Trigold has unveiled its new Case Manager software. It provides tools such as fee reconciliation and a commission summary. The software also provides brokers with the tools they need to satisfy TCF rules, says Trigold.
Based on the MortgageStream software, Trigold has customised the system to focus on the post-sale element of the client relationship and, [...]

Network Data finds environment “challenging”

The Network Data Group has stated that that results for the full year to 31 December are likely to be below market expectations.
In a trading update ahead of its results announcement for the six monthly period ending 30 June, the Group said it had found the first six months of 2008 to be a “challenging [...]

Founder of Trigold and The Key joins Enterprise

Peter Heigho, the designer and founder of both the ‘Trigold’ and ‘The Key’ software systems, has joined Enterprise Group as its head of e-commerce.
Heigho is tasked with developing Enterprise’s back-end processing systems and the ongoing integration of EDGEv2 with a growing list of third party systems.
This appointment follows recent announcements from Enterprise regarding high profile [...]

PNG shifts to Home Buyer for sourcing

Mortgage network, Premier Network Group (PNG), has switched to Home Buyer System to replace its existing product sourcing from Trigold.
The Home Buyer system will be rolled out to PNG appointed representative (AR) members over the next few months, with all ARs due to be using Home Buyer by the end of September.
Paul Fisher, sales and [...]

Mortgage Broking Services Ltd signs up to new platform

Mortgage Broking Services Ltd (MBSL) has signed a new contract with the technology services provider 1st – The Exchange.
Later in 2008, when the new systems go live, 230 MBSL advisers will gain access to a complete straight-through processing (STP) solution, supporting its full range of mortgage and protection business.
The new contract will see MBSL become [...]