News

EQ launches Mortgage Services

Tuesday 8 September 2020 09:23 CET | News

EQ Credit Services, part of the international technology-led services and payments specialist EQ (Equiniti Group), has launched Mortgage Services.

Consumer credit technology specialist EQ Credit Services will offer Mortgage Services, an end-to-end loan servicing platform, to banks, building societies, and other specialist mortgage providers. The service will see clients move to its API-led platform called EQ Borrowbox.

The platform handles aspects of mortgage provision such as customer acquisition and underwriting, has back-end and servicing functionalities and allows real-time monitoring for risk identification and management.

An early adopter of the combined technology and service offering has been Hodge Bank, the later life lender, according to the official press release. Hodge brought its mortgage collections and servicing capabilities in-house, enabling it to launch an online management portal for its later-life mortgage customers.

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Keywords: EQ Borrowbox, API, lending, loan servicing, Mortgage Services, risk identification, Hodge Bank, EQ Credit Services
Categories: Banking & Fintech | Payments General
Countries: United Kingdom
This article is part of category

Banking & Fintech