OMS reveals 30% increase in Q1 2024 completions

OMS has seen a significant increase in Q1 business in 2024, with a staggering 30.1% surge in mortgage transactional completion volumes.

This significant increase underscores OMS’s commitment to empowering brokers with new solutions to drive efficiency in the mortgage industry.

In addition, last month saw the company launch ‘OMS Originations’, which streamlines the whole end-to-end mortgage origination journey supporting instant decisioning, product engine, bespoke underwriting processing plus second and third line audit functionality.

A customisable dashboard allows lenders to create efficient workflows to meet a variety of borrowing requirements without having to endure development times or additional costs. 

Neal Jannels (pictured), managing director of One Mortgage System, said: “2024 has proved to be an incredibly busy period of the business which is demonstrated by this substantial uplift in transactional business across the platform, a raft of new integrations and in the onboarding of an ever-growing number of users.

“In addition, the introduction of our Originations platform has been a long and detailed process in terms of testing, developing and implementation.

“We have always had a growth strategy in place to bolster our sales and support teams to coincide with this launch but an overwhelming positive instant reaction has further expedited these future plans.

“This reaction serves to demonstrate the scale of the appetite from the lending community for such a proposition and we will continue to strengthen in key areas to ensure we are delivering the most complete customer-centric experience across the whole business.”

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