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Mortgage Times to launch back office platform

The Mortgage Times Group is to launch an integrated back-office trading platform at the end of Q1.

The Group says it will be integrated into the systems of its non-conforming lender partners including GMAC-RFC, Kensington and Platform.

Sourced information will be pre-populated into the lenders systems to offer straight-through processing from application to completion. The platform will also allow for automated commission payments and include an up-to-date reporting function to track each process.

Payam Azadi, head of marketing for The Mortgage Times Group, says: Users will be able to access the portal to source products using a filter system and criteria search, including accurate adverse mortgage selections. The system will also incorporate advancements made by lenders, such as the use of automated valuations and has been tested in a live environment.


Amber launches fixed-rate range

Amber Homeloans has launched a range of three-year fixed rate products. The products are at 5.99% full status and 6.09% self-cert, and are available for borrowers with up to 15,000 of CCJs. There is also a prime self-cert product with a fixed rate of 5.59% at 95% LTV.CCJs and defaults are ignored if over three […]

Praxis relaunches commercial arm

Praxis has revealed it will be relaunching the commercial arm of its business.The packagers commercial team will offer advice based on the whole market, rather than a pool of lenders.Jason Rodger, business development director with Praxis Commercial, says: We are then able to place business with any commercial lender currently operating in the UK marketplace […]

RPS announces new appointments

Risk Placement Services has announced two new appointments after an online expansion. Andreas Hector will be appointed as business analyst and Rachel Grigg joins the sales team as sales co-ordinator. The appointments follow RPS’s recent launch of an online adviser centre. Hector will be responsible for managing the development of RPS’s website and enhancing the […]

Coventry launches sub-prime range with PMS

Coventry has launched a new sub-prime product range through Premier Mortgage Service, available online only. Members of PMS can now take advantage of a portfolio of three-year fixed rates for their client on full status and self-cert products in the Coventrys near prime, extra light and light ranges.Fixed rates start at 5.85% for up to […]


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