Mortgage networks are expected to grow their market share in the coming years as brokers and lenders seek to create an ‘integrated business model' using innovations in technology, according to Focus Solutions.
A survey carried out by Focus suggests the market is seeking further technology innovation and the prospect of multi-lender point of sale solutions. At Focus’ recent mortgage industry briefing, almost half of all delegates thought mortgage networks would see increased market share in the next two to three years, with an emphasis on differentiation of service and innovative technology. Delegates highlighted ease of use, flexibility, ease of integration, low cost and easy maintenance as the key requirements for technology solutions. Brokers and lenders were found to be readily adopting ...
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