Phoebus has partnered with mortgage origination software provider Mast, giving its lender clients the option of using the Phoebus servicing solution to create an end-to-end journey.
Mast is the latest fintech to join the Phoebus strategic partner programme, an ecosystem of suppliers that offer non-core Phoebus functionality to its clients.
The cloud-native mortgage technology that Mast has built helps lenders process mortgage applications quickly and efficiently, transforming the buying journey for the consumer.
A digital policy engine gives instant feedback and recommendations to brokers and as a result applications are very well packaged. The platform is compatible with Open Banking and can integrate any data source to enhance the origination journey.
The software is fully customisable; lenders can create and update products themselves without writing any code and the system provides rich data analytics such as tracking abandoned applications.
Adam Oldfield (pictured), chief revenue officer at Phoebus Software Ltd, said: “If lenders using Mast choose Phoebus for their servicing requirements, they can be assured of first-rate service efficiently handled by advanced mortgage servicing software.
“Mast is an innovative, forward thinking fintech and a great fit into our strategic partner programme. We look forward to working with Mast and its lender clients.”
Joy Joseph Abisaab, co-founder and CEO of Mast, added: “Mortgage origination technology is outdated and hard to customise and we are on a mission to change that. Our next generation software allows lenders to make mortgage decisions faster and more efficiently, transforming the buying journey for the consumer and the broker.
“We’re excited to be working with Phoebus to enable our joint clients to have a state of the art end-to-end lending journey.”
