Exact will also be originating all new second charge loans for the client on its state of the art origination platform.
The news comes hot on the heels of Exact's recent announcement that they are servicing a mortgage book for a well-known mutual lender.
Ian Lonergan, CEO of Exact, commented: “Our strategy of significant investment in origination and servicing platforms is starting to pay dividends and the number of new contracts we have won this year is encouraging.
“I expect more companies to outsource their origination requirements, as the market becomes more complex it makes a lot of sense to leverage our capabilities."
