Mortgage Brain acquires Mortgage Engine

Published on

Mortgage Brain has acquired digital platform provider Mortgage Engine.

Cloe Atkinson, managing director of Mortgage Engine, will join the senior team at Mortgage Brain reporting directly to CEO Zahid Bilgrami.

Mortgage Brain said there will be no impact to any customer of either business following the acquisition. Over the coming months, Mortgage Brain will fully integrate the existing lenders supported by Mortgage Engine onto Submissions Brain, Mortgage Brain’s multi-lender application and submission gateway, bringing technical teams together across both businesses.

Bilgrami said: “Our vision is to transform the distribution of mortgages in the UK. We will create the industry plumbing that ensures lenders are able to connect to multiple distributors and aggregators and allow distributors greater ease and efficiencies to integrate with lenders.

“The combination of the technologies of both businesses helps lenders connect to the market in an efficient and cost-effective manner. It also ensures that end-users and ultimately consumers can benefit from a consistent user experience, as well as greater certainty earlier in their application process.”

Atkinson added: “I am excited to be joining Mortgage Brain and working with the executive team, combining the existing technology that we have developed here at Mortgage Engine over the last four years alongside the solutions that Mortgage Brain already offer.

“This combination provides the ideal platform to drive change in the UK mortgage market for all parties.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Caring for loved ones carries hidden financial toll, new analysis finds

A new report has revealed a stark and growing gap between people’s expectations around...

Investment in learning narrows financial services skills gap

Financial services firms are investing in employee learning at a faster rate than almost...

HTB extends standard BTL pricing to semi-commercial cases

Hampshire Trust Bank (HTB) has broadened its specialist mortgages offering by applying standard buy-to-let...

Danger of rental property shortage looms as landlords plan mass sell-off

A growing number of landlords are preparing to exit the private rental sector (PRS),...

Other news

Caring for loved ones carries hidden financial toll, new analysis finds

A new report has revealed a stark and growing gap between people’s expectations around...

Investment in learning narrows financial services skills gap

Financial services firms are investing in employee learning at a faster rate than almost...

HTB extends standard BTL pricing to semi-commercial cases

Hampshire Trust Bank (HTB) has broadened its specialist mortgages offering by applying standard buy-to-let...
Advertisement