Mortgage Trading Exchange (MTE) has revealed that it has processed over two million mortgage transactions since its launch.

MTE provides a digital gateway between advisers and lenders allowing them to complete, submit, track and administer AIPs and full applications electronically.

Mark Lofthouse, CEO 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.”