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SDS Applications to install MAPS system at Mortgage Finders

Mortgage processing technology provider SDS Applications is to install the SDS MAPS system at Birmingham-based Mortgage Finders UK.

The SDS system will provide a web-based service that will be available to all of Mortgage Finders&#39 introducer partners. The system features 24-hour access via the internet for individual introducers with access to online application forms, status tracking facilities and statistical


SDS says MAPS automates the mundane tasks associated with processing mortgage casesand provides the tools to help administration staff process a greater number of cases in a shorter period of time.

Anthony Richardson, head of broker sales at Mortgage Finders, says: “Our partnership with SDS will allow Mortgage Finders to provide its members with the best system on the market.Our overall proposition is based around providing quality service in a cost effective environment and SDS compliments our strategy well.”


Rate rise indication of further hikes to come, warns the Yorkshire

The Yorkshire says the latest base rate rise is a strong indicator of further rate hikes to come. The Monetary Policy Committee&#39s decision to increase Bank of England base rates by a further 0.25% for the second consecutive month was no surprise to the industry.Many factors are considered to have affected the decision including strong […]

Enable completes first induction course for ARs

Enable Mortgage & Insurance Network, part of the Skipton group, has completed its first induction course for appointed representatives. The first enable members completed their two-day course in Chichester, West Sussex on June 8. The network says it has courses scheduled right up until regulation day for mortgages. The two-day course covered FSA compliance, product […]

Northern Rock launches new product range

Northern Rock has introduced new rates on its two and three year flexible fixed rate products. Available with no extended early repayment charge, they now start from 5.19% and 5.89%. A two year flexible fixed rate is also available with a one year extended ERC and rates starting at 4.99%. The new range will be […]

Rate rise won&#39t have adverse effect on equity release, says KRS

Key Retirement Solutions says the Bank of England base rate rise should not have an adverse effect on the equity release market. Colin Taylor, managing director at KRS, says: “Whilst we have recently seen the Bank of England base rate increase on four separate occasions over the last few months, we have actually seen interest […]


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