Lending systems - future perfect?

25 January 2017

Tighter regulation under the mortgage market review (MMR) introduced in April 2014 has driven borrowers into the arms of brokers – intermediaries grew their market share to 73% in Q3 2016 [i].

This growth shows that the broker market continues to be strong, but lenders must ensure they are making it easy for brokers to work with them, and the use of the right software is crucial to this.
To gain an insight into views of current lending systems, Capita Mortgage Software Solutions carried out research which focused on mortgage brokers’ perceptions of mortgage sourcing and application systems.