Mortgage Brain claims growth in all products

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Mortgage Brain has reported “significant growth” across all areas of the business over the past year.

Its suite of technology solutions, covering mortgage sourcing, point-of-sale and compliance and electronic trading, have all increased their market share.

Its mortgage sourcing system saw a 43% increase in user numbers over the past 12 months.

Meanwhile the Key, Mortgage Brain’s point-of-sale, compliance and CRM system, reported a 35% increase in its market share since the end of 2011.

Additionally, the Mortgage Trading Exchange (mte) has witnessed a 21% increase in the number of mortgage transactions processed via the platform compared to this time last year.

Mark Lofthouse, CEO of Mortgage Brain, said: “The UK mortgage market has gone through a traumatic time and whilst the last two years have been more stable, it is still proving difficult and challenging for everyone involved.

“Despite the downturn, however, we’ve succeeded, once again, in becoming the only mortgage technology provider to attract new users and increase market share across all areas of the business.

“Without a doubt the intermediary mortgage market remains our prime focus and with further investment and development of our technology and service offerings, we’re looking forward to building on this success throughout 2013 and beyond.”

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