eMoneyfacts and MTE join forces

eMoneyfacts is in the final stages of upgrading its broker sourcing system with the Mortgage Trading Exchange – and is due to go live in May.

The intermediary arm of Moneyfacts recently surveyed 8,000 brokers who use the mortgage sourcing functionality on eMoneyfacts.co.uk.

It found a high proportion of respondents felt it needed to integrate with MTE.

Paul Yallop, head of eMoneyfacts.co.uk, says: “It’s great to offer brokers a fully integrated service from our sourcing system into the transactional platform.

I’m confident that we’re giving users of the service exactly what they need – a seamless transition from sourcing the mortgage into the transaction.

This is the first of a series of really exciting enhancements that we’re implementing to the service.”

eMoneyfacts users will have full KFIs, application in principle and application capability through the extensive range of lenders available on the MTE platform.

Mark Lofthouse, chief executive officer of the MTE, says: “The Moneyfacts Group is one of the most highly respected financial services organisations, and has always been proactive in using technology to drive both business efficiency and customer service.

Its selection and endorsement of our electronic trading solutions is most welcome.

“Like us, Moneyfacts is totally committed to technology and delivering the highest quality of services and products.

We are looking forward to continuing our partnership relationship for many years to come.”