An additional 28 new MTE lenders have been added to the pre-existing Halifax and Nationwide presence. New lenders include Bristol & West plus Skipton, Chelsea, Leeds & Holbeck and Cheshire building societies.
Managing director of Mortgage 2000 Sean Hornsby, said: “There can be no doubt that MTE is the industry’s number one electronic trading platform. With 30 lenders now available Encore is at the forefront of sourcing systems, no other system can deliver the scale of MTE online service to intermediaries.”
Bill Safran, joint managing director of Trigold, said mass electronic trading from sourcing systems would benefit brokers.
He said: “We are confident about our new Prospector AAA system and with over 60 lenders on it, the competition from Mortgage 2000 is welcome. It is a happy battle that customers will benefit from.”
Mortgage Brain has signed up Friends Provident, Pink Home Loans, Sesame and Zurich to its Protector system adding to current users such as Mortgage Times, Bankhall and Norwich Union.
Mark Lofthouse, chief executive of Mortgage Brain, said: “We offer an easy to use, compliant system supported by help when it’s needed and this gives intermediaries the certainty and confidence they want.
“We are going the extra mile to deliver the most comprehensive compliance solution to brokers in preparation for ‘Mortgage Day’ this October.”
