View more on these topics

AttentiV Systems launches regulation-ready mortgage point-of-sale solution

AttentiV Systems, formerly Lynx Financial Systems, has launched a regulation-ready mortgage point-of-sale solution, Summit Mortgage Sales.

The system can be used across all distribution channels including branch, call centre, internet, broker and intermediary and offers seamless integration with Summit, AttentiV&#39s retail banking system. The software has been developed to conform with upcoming mortgage regulation and can be deployed over a web browser.

Summit Mortgage Sales has been developed in partnership with N4 Solutions, a company specialising in multi-channel financial sales systems. AttentiV says the system&#39s workflow capability will guide the mortgage sales process in a compliant manner, ensuring that mortgage advisers follow the correct procedures and give the correct advice.

The Summit Mortgage Sales module can provide an internet-based online sales solution, taking customers through a pre-set list of questions with in-built workflow technology helping the customer select the most suitable product.

David Webber, managing director of AttentiV Systems, says: “We&#39ve had extremely positive feedback from those customers who have already had a chance to see the system. Whilst compliance has been the main driver for organisations, customers believe that Summit Mortgage Sales will broaden and significantly improve their entire sales procedures, automating many existing processes and enabling the adviser to concentrate on providing the most suitable products and services to customers.”


PMN urges potential ARs to check network credentials

The Professional Mortgage Network is urging mortgage advisers who are seriously considering becoming appointed representatives to thoroughly check out the credentials of a network prior to becoming a member. In an attempt to help the intermediary community establish the strength and credibility of the many network propositions, PMN last week launched a Mortgage Network Healthcheck, […]

Local factors that affect regional house prices

It has always been true that on a regional basis, some things can dramatically affect not only house prices (both positively and negatively) but also the speed with which propertes sell and rental values. The football analogy gives a good illustration of how prices can be affected on a local basis. This is inevitably a […]

Kensington Mortgages launches £700m securitisation

Kensington Mortgages has launched its latest £700m mortgage-backed securitisation. Kensington says the transaction was fully subscribed as demand was high and price tightened from early indications. Residential mortgage securities 18 plc (RMS 18) was priced on June 28 2004. The £700m transaction is the second Kensington securitisation in 2004. Pricing continued the improving trend seen […]

FSA consults on discounts

In its consultation paper CP04/9: Periodic and Application Fees for Mortgage Business and General Insurance Broking, the FSA says it is proposing to implement, from 2005-2006, a discount for firms that fall into multiple fee blocks but only carry out limited amounts of business in some of those blocks. The minimum income band is £100,000 […]


News and expert analysis straight to your inbox

Sign up