Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

MMR ‘MOT’ LAUNCHED FREE FROM LEADING SOFTWARE PROVIDER, INTELLIFLO

Solutions1

Published : , on

Six weeks after the Mortgage Market Review (MMR) was implemented, Intelliflo, a leading provider of web-based business management software for the financial services sector, has released its free MMR ‘MOT’. The MOT is a practical guide aimed at helping mortgage advisers identify the pain points they may have experienced following the implementation of the MMR, and provides easy to follow steps on how these issues can be overcome.

Having come into effect on April 26th, the MMR has required the majority of mortgage sales be advised, with supporting documentation kept to demonstrate the process. This industry shake up has posed challenges for both mortgage advisers and lenders alike.  The key now is for mortgage advisers to understand how the MMR has impacted them and how they can respond accordingly to this new regulation. To do so effectively, they need to consider every aspect of their business, looking in particular at people, processes, strategy and technology.

Intelliflo’s MMR MOT is available to download free, and is split into these four categories. The guide includes key questions that mortgage advisers need to focus on when looking after their relationships, testing their processes, refining their strategy and implementing their technology. In the technology category, these questions revolve around how mortgage advisers are ensuring they remain compliant in a cost and time effective manor, as well as asking whether they have the tools they need to analyse, understand and improve their business.

John Penn, Head of Mortgage Proposition, Intelliflo says:

“With the recent transformations in the mortgage market, this document will serve as an extremely useful tool for any mortgage adviser wishing to assess the impact the MMR has had on their business. This guide will enable advisers to effectively identify the pain points that have followed on from the implementation of the MMR, and allow them to address them effectively.”

Penn continues:

“While most mortgage advisers agree that the MMR is positive for the mortgage market, they are now experiencing a period of adjustment where lenders and mortgage advisers are both establishing the best ways of working within this new dynamic. Our MMR MOT aims to help advisers assess how they have responded to these changes and embrace the opportunities that the new regulation has brought in”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post