Dashboard Software has collaborated with The Mortgage Portal to bring this pilot to market.
Intended to resolve the requirements of the most demanding and complex sectors of the market, The Mortgage Portal is moving into pilot with three large distributors that between them encompass direct to consumer sales, branded lending and sub-prime packaging operations and together introduce around £2.5 billion in specialist lending per annum.
Brian Hall Director at The Mortgage Portal says "The Mortgage Portal provides accurate sourcing and KFI production services that can be integrated with virtually any website, call centre, factfind or application data capture and packaging or workflow system. This can be achieved quickly and at low cost and risk, enabling distributors and providers to focus their investment in technology on the distinctive functions that offer the greatest competitive advantage."
David Aylmer Joint Managing Director at Dashboard says: "The idea of a web services based mortgage trading exchange has been talked about for a while in the mortgage industry, now it looks like its happening - so we are only too pleased to get behind the initiative and integrate our software. This gives our clients the ability to search for products, maintained by the lenders, that fit their clients, then get lender approved KFI and apply online direct to the lender concerned'. The Mortgage Portal provides lender-backed services that complement the functionality offered by Dashboard at the point of sale.
