Nationwide become first UK lender to enhance mte capabilities

Nationwide has become the first UK lender to adopt the Mortgage Trading Exchange’s enhanced mortgage application functions and capabilities.

Related topics:  Mortgages
Amy Loddington
4th December 2012
Mortgages
In addition to seamless integration with its credit score and back office systems, and pre-population of application data, Nationwide is now offering users of the mte enhanced case tracking capabilities and the ability to ‘scan and attach’ supporting application documentation.

Brokers using Nationwide’s new application forms via the mte can also reserve a mortgage for their clients via its Standalone Product Reservation feature as well as helping their clients select a solicitor from a simplified drop down process.

Available now to all users of the mte, the new application form enhancements have been designed to further streamline the mortgage application process by offering greater functionality, increased efficiency and reduced paperwork.

The new document ‘scan and attach’ feature, for example, speeds up the application process and cuts down on paperwork and postal delays by attaching a client’s supporting documentation during the application stage.

Ian Andrew, Managing Director, Group Intermediary Sales at Nationwide said:

“We have been on a journey to transform our business and we have already delivered some major milestones of which our development of our mortgage platform has been a key part.

“I’m pleased to say our mortgage system is even easier to use, speeds up processing times, and demonstrates our commitment to the intermediary market. The mte application process has played a big part of this process and will no doubt help us to continue to deliver excellent customer experience.”
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