You are here: Home - News -

Mortgage Brain reveals new API sourcing system with multiple-DIPs development

  • 19/06/2018
  • 0
Mortgage Brain reveals new API sourcing system with multiple-DIPs development
Mortgage Brain has announced the launch of its new sourcing system and the development of a multiple decision in principle (DIP) option.


The technology provider said its Lendex digital gateway will secure DIPs direct from lenders in less than 30 seconds.

It will allow brokers to digitally complete, submit (together with documents), administer and track full mortgage applications.

Mortgage Brain will also offer application programming interfaces (APIs) to the wider market on behalf of participating lenders, providing an alternative to lenders building their own APIs.

The firm also said a number of lenders had committed to being foundation partners who will work closely with it to deliver its multiple-DIPs technology.

The developments were shown to a group of 46 lenders last week.

Mortgage Brain CEO Mark Lofthouse, said: “We’re delighted with the tremendous vote of confidence and support from lenders who attended our events last week.

“We are looking forward to an exciting future, bringing these initiatives to fruition and delivering on our promises for the benefit of our customers and the whole industry, as we have done many times before.”


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
House prices rise by average £6,000 in a year – LSL

House price annual growth rates increased for the first time in a year in May, but transactions decreased, according to...