MortgageLink is linked with MTE

Network Data has integrated its MortgageLink intermediary point-of-sale mortgage sourcing system with the Mortgage Trading Exchange to deliver integrated electronic trading solutions to its appointed representatives and directly authorised users.

The integration allows MortgageLink users to benefit from trading electronically with leading lenders through the MTE.

Mark Lofthouse, chief executive officer of MTE, says: “The driving force behind the MTE has always been partnership to deliver a fast and efficient service for intermediaries to transact mortgage business with lenders more efficiently through technology.

“We are delighted Network Data has selected the MTE as its mortgage trading platform partner.”

Richard Griffiths, managing director of Network Data, says: “We are committed to providing our ARs and directly authorised users with the best software tools to enable them to operate in the most efficient manner.

“The MTE is the only common trading platform for e-commerce between intermediaries and lenders and ensures applications are delivered right first time.

“Our MortgageLink users can now submit applications and expect a near immediate response.”