Mortgage Brain today launches the latest version of its sourcing system – Broker 6.50.The software features a number of enhancements, most notably an affordability calculator that filters all products that exceed the client’s budget. While some lenders provide online affordability calculators, they have been criticised for not explaining how they calculate the figures. Mortgage Brain’s aim is to empower brokers to calculate for themselves what their clients can afford. Brokers can then restrict Broker 6.50 to only look for products within their client’s budget. Over the next few weeks, all existing customers will be provided with a free upgrade CD. The system is also available online to download. The new features build on the system that was launched to support compliance. It deals with all major product areas, is integrated with the Mortgage Trading Exchange and now has around 50 filters, all included in the point-of-sale process. Mark Lofthouse, CEO of Mortgage Brain, says “We have a substantial investment programme to improve our products and reckon this latest suite of compliance, mortgage sourcing and electronic trading software is the best solution available to introducers.”
From Ian Curtis BDMs alive and well at B&W? I think not. I read with interest Deirdre McManus’s letter (Mortgage Strategy, November 7), reassuring Monty Burn that B&W has BDMs. We have been packaging for B&W for nearly eight years and until May had an excellent relationship with our BDM. Then he was transferred, his […]
The regulation of secured loans could be just around the corner, says loan packager Loanoptions.co.uk. The secured loan packager believes brokers should brace themselves for more regulation rather than less in the future. Andy Moody, managing director of Loanoptions.co.uk, says: “There is no doubt that there will be more regulation. The second charge market already […]
Leadership is about how you do it rather than what you achieve says, Susan Rice, CEO of Lloyds TSB Scotland.Rice, who spoke on leadership last night at the Said Business School in Oxford, believes that the key to her success at Lloyds TSB is about responding to stakeholders, customers, staff, communities, government and still managing […]
Research from Economic Lifestyle reveals that more than 858,000 adults aged between 35 and 64 now have one or both of their parents living in their home. The phenomenon of 3G families (those with three generations living under the same roof) has been attributed to the financial squeeze faced by the over-65s struggling to maintain […]
According to its latest member survey, Health Shield has continued to deliver high levels of customer service during 2012. Ninety seven per cent of the 2,000 respondents said their overall experience of calling the company this year was ‘good’.
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