Mortgage Trading Exchange completes over 2 million transactions

Michael Lloyd

December 7, 2017

Digital mortgage adviser Mortgage Trading Exchange (MTE), has processed over 2 million mortgage transactions since its launch.

MTE provides a digital gateway between advisors and lenders so they can complete, submit, track and administer AIPS and full applications electronically, so decisions from lenders are provided immediately without inputting information again.

The platform integrates with the leading point-of-sale and CRM systems and is supported by the UK’s top lenders who account for over 60% of mortgages provided by mortgage advisers.

Mark Lofthouse, chief executive of Mortgage Brain, said: “To reach such a landmark figure is a fantastic achievement and is a firm indicator that MTE continues to lead the field in offering a faster and more efficient way for advisers to digitally submit and process applications in the mortgage industry.”

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