Scottish Building Society adopts LendingMetrics’ ADP

Published on

LendingMetrics has been appointed by Scottish Building Society to deliver its credit decisioning solution, ADP.

The society is set to use LendingMetrics’ next-generation Auto Decision Platform (ADP) underwriting solution to support its intermediary business over the coming years.

The platform is a universally-integrated SaaS solution that handles real-time execution of credit reference, AML and affordability calls to the major credit reference agencies.

Scottish Building Society decided to implement LendingMetrics’ ADP to support its approach to manual underwriting.

David Wylie (pictured), commercial director of LendingMetrics, said: “We are delighted that ADP has been chosen as the best solution by Scottish Building Society. They have been a pleasure to work with and we now look forward to delivering to them, complete autonomy over their decisioning logic.”

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

TPFG buys 25% stake in property and mortgage AI business Enteka

The Property Franchise Group (TPFG) has taken a 25% stake in Enteka AI as...

Property professionals back homebuying reforms, CSS poll finds

More than three-quarters of property professionals believe proposed changes to the homebuying and selling...

Accord cuts buy-to-let rates by up to 0.43%

Accord Mortgages is reducing selected buy-to-let rates by up to 0.43 percentage points, with...

Mortgage Brain embeds LMS conveyancing service into CRM Brain

Mortgage Brain has integrated the LMS Select conveyancing platform directly into CRM Brain, allowing...

House prices stall as mortgage costs and Budget uncertainty weigh on market

UK house prices were unchanged in September as higher mortgage rates and wider economic...

Latest publication

Other news

TPFG buys 25% stake in property and mortgage AI business Enteka

The Property Franchise Group (TPFG) has taken a 25% stake in Enteka AI as...

Property professionals back homebuying reforms, CSS poll finds

More than three-quarters of property professionals believe proposed changes to the homebuying and selling...

Accord cuts buy-to-let rates by up to 0.43%

Accord Mortgages is reducing selected buy-to-let rates by up to 0.43 percentage points, with...