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TODAY'S OTHER NEWS

Mortgage Trading Exchange processes over two million digital transactions

The Mortgage Trading Exchange (MTE), the single delivery channel for mortgage placement, has now processed over two million mortgage transactions since its launch. 

Developed by Mortgage Brain, MTE provides a digital gateway between advisers and lenders allowing them to complete, submit, track and administer AIPs and Full Applications electronically.

MTE was designed to be used as part of the digital adviser journey and provides immediate decisions direct from lenders without the need to re-key any information.

The platform integrates with the leading point-of-sale and CRM systems and is supported by some of the UK’s top lenders. 

“To reach such a landmark figure is a fantastic achievement and is a firm indicator that MTE continues to lead the field in offering a faster and more efficient way for advisers to digitally submit and process applications in the mortgage industry,” says Mark Lofthouse, chief executive of Mortgage Brain.

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