Mortgage Brain enhances packager access

Making the announcement at its packager conference in London, Mortgage Brain said it was improving packager access to the sourcing system in an attempt to enhance the relationship between itself and the packaging community.

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Mark Lofthouse, CEO of Mortgage Brain, said: “One of the main reasons for this conference was to show packagers that we are there for them, that we understand their needs, and to show that our products can work for them.

“Having now had the opportunity to interact directly and have open discussions with a host of different packagers we are confident that we will continue to improve our products and services to ensure that real and substantial benefits can be realised.”

In addition, Mortgage Brain is improving access for packagers on the Mortgage Trading Exchange (mte).

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The service will allow packagers to set up on mte and market its products to brokers on the electronic platform.

Doug Hall, sales director at 3mc, commented: “One of the big things for me is that if we were to launch a new exclusive, if you put it on Trigold then it would come up automatically when the broker did their daily update. With Mortgage Brain, the broker would have to amend his settings to include that product so I hope it has changed that. We want to use sourcing systems for distribution but if the intermediary has to mess around with their profile to see us then it’s not going to work.”