Mortgage Brain launches Broker 6.50 system

Ramesh Sharma

June 1, 2004

In addition to the existing Mortgage Brain offering, Broker 6.50 covers all of the major market areas including mainstream, adverse, light adverse, buy-to-let, let-to-buy, self-cert and is integrated with the Mortgage Trading Exchange (MTE). Enhanced features include affordability; enhanced

filters; buy-to-let and let-to-buy; adverse; client management; income multiple override; systems integration and compliance.

Mark Lofthouse, chief executive of Mortgage Brain, said: “We have spent a lot of time talking to our customers and partners to ensure this latest release from Mortgage Brain continues to not only meet but exceed expectations. We have a substantial investment programme to continuously improve all our products and services and we believe this latest suite of compliance, mortgage sourcing and electronic trading is the best overall solution available to intermediaries.”

“The enhancements we have made are all about providing brokers with the tools they need to work more efficiently in a compliant manner and we believe the new features and enhancements included with Broker 6.50 make it the best system available,” he added.

Broker 6.50 is being rolled out in the next few weeks to all current Mortgage Brain users.

Bill Safran, chief executive of Trigold, said: “Over the past year we have introduced nine new products including our enhanced non-conforming module, outlook integration, auto back-ups and compliance shield audit tools. It’s our objective to keep updating and enhancing our offering which can only be of benefit to intermediaries.”

Noel Ranson, sole proprietor at NSR Finance, commented: “Any enhancements to sourcing systems that make life easier for brokers must be considered a good thing. I don’t believe they will ever be 100 per cent foolproof but they are generally getting better and this is a step in the right direction

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