Mortgage Broker Tools has launched MBT Analytics, a platform which seeks to give lenders live insights into the affordability environment.
Mortgage Broker Tools has launched MBT Analytics, a platform which seeks to give lenders live insights into the affordability environment.
The platform provides lenders with a bespoke data-driven interactive dashboard to help them improve their understanding of the affordability calculations of their competitors and to benchmark their own position.
With MBT Analytics lenders can view market trends over time, benchmark their affordability calculations against the market, access customer subsegments and run an unlimited number of specific cases through the platform.
Tanya Toumadj, chief executive at Mortgage Broker Tools, said: “With MBT Analytics, a lender can understand and verify its strengths and gain insights into the impact of making changes to its proposition.
“So, for example, how many times does it appear in the top five or 10 affordability results for a specific customer segment, what impact will changing its LTV criteria have on its potential business volumes and what opportunities there are to improve its offering to better match customer demand.
“MBT Analytics takes away the guesswork and enables lenders to make decisions based on real-time data.”
