Vertex to provide mortgage services for db mortgages

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Deutsche Bank and Vertex have formed a strategic partnership to help launch db mortgages, the new specialist mortgage lender owned by Deutsche Bank, into the intermediary mortgage lending market.

db mortgages will be based in Chester and will be an end-to-end operation encompassing new business processing, post completion servicing, collections and arrears. The partnership between the two companies will be based on the combination of Vertex Financial Services’ Omiga and Optimus software and outsourcing capabilities. The service is purpose-built for Deutsche Bank, and is Vertex’s largest mortgage outsourcing contract to date. The deal is also part of Vertex’s strategy to build on its position as an outsourcing provider within the mortgage industry. Bill Dudgeon, managing direct...

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