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Mortgage News

New commercial loans system for Derbyshire

Mortgage Solutions
Written By:
Posted:
February 8, 2007
Updated:
February 8, 2007

The Derbyshire, has selected Phoebus Software’s ‘Commercial’ package for origination and servicing of its commercial mortgage portfolio, delivered initially through the society’s “Salt Commercial” brand.

The Phoebus installation will enable brokers to conduct their business with Salt Commercial, including proposal submission and case tracking, using the Web as well as introducing document imaging technology.

The Derbyshire’s Specialist Lending Director, Brian Carney, said, “Our criteria for choosing a system were very stringent – we needed quality software that was both scalable and easily adaptable, and all from a supplier prepared to partner with us for the long term.”