17 August 2017
visit www.avoka.com

Abbey National sees online mortgage applications soar

10 April 2003  |  5125 views  |  0 Abbey National sees online mortgage applications soar

Abbey National's interactive site for intermediary mortgage applications, Introducer Internet, has processed over £5 billion agreements in principle (AIP) and £2.4 billion full mortgage applications (FMA) in the quarter ending March 2003.

Since its launch in October 2000, 14,000 intermediaries have signed up to the service, which has become the single largest channel for mortgage completions within the enterprise and now accounts for just over half of Abbey National's intermediary mortgage business.

The site includes a 60-second, credit checked AIP and real time mortgage case tracking.

Ambrose McGinn director at Abbey National for intermediaries says: "Many of our customers highlight the efficiency of the system and its ease of use in helping them write more business."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Abbey National deploys Wall Street System for money market trading

Abbey National deploys Wall Street System for money market trading

08 April 2003  |  3309 views  |  0 comments
Brief: Abbey National selects Saba for staff training

Brief: Abbey National selects Saba for staff training

03 April 2003  |  3121 views  |  0 comments
Abbey National details Avellino clean data savings

Abbey National details Avellino clean data savings

21 March 2003  |  3123 views  |  0 comments
Abbey to focus on CRM as losses pile up

Abbey to focus on CRM as losses pile up

26 February 2003  |  3747 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.niceactimize.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10309 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9683 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9555 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8512 views comments | 6 tweets | 21 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
7988 views comments | 1 tweets | 2 linkedin

Featured job

Find your next job