Phoebus, the software provider for mortgage and savings account servicing, has partnered with One Mortgage System (OMS) Originations.
Clients can originate loans using OMS’s lender origination platform. On completion, they can then use the Phoebus originations and migration API to transfer account data to the Phoebus digital servicing solution.
From completion, Phoebus provides automated primary and specialist servicing capabilities. The end-to-end solution supports all lending types including residential, buy-to-let, bridging, commercial, specialist, second-charge and equity release.
Adam Oldfield (pictured), managing director at Phoebus, said: “OMS is an innovative, forward-thinking fintech that has made great strides in the past year or so and is now a great fit for our strategic partner programme.
“There are clear synergies between Phoebus and OMS, with both systems at the top of their game in what they do. Lenders and building societies using OMS are likely to be very familiar with Phoebus’ reputation for providing seamless migration, meeting all servicing requirements while providing a first-rate service.”
Dale Jannels, CEO at OMS, added: “The majority of incumbent mortgage origination technology is outdated and hard to customise. Our mission is to change that for banks, traditional and specialist lenders, plus modern mutuals. Our next generation OMS Originations software allows any lender to make mortgage decisions faster and more efficiently, transforming the buying journey for the consumer and the intermediary.
“This collaboration with Phoebus enables OMS Originations clients to benefit from a state-of-the-art, end-to-end lending journey.”
