Mast Launches Comprehensive Cloud-Native Loan Origination Software, Transforming Mortgage Experiences for Lenders

7 May 20243 min read

PRESS RELEASE

London, UK- May 7th, 2024 -Mast, the challenger fintech offering cloud-native mortgage origination software, is proud to announce the successful launch of its comprehensive loan origination software. After ten months of dedicated development and meticulous implementation, Mast is thrilled to unveil a cutting-edge platform that promises to streamline and enhance mortgage journeys tailored specifically to lenders of all types.

The development of Mast's loan origination software marks a significant milestone in the evolution of mortgage lending technology. In a remarkably short span of time, Mast's team has achieved the following milestones:

Sophisticated Underwriting Workflow: Mast has meticulously crafted and integrated a sophisticated underwriting workflow designed to optimise efficiency and accuracy in mortgage processing.

Configurability and Self-Service: Offering unparalleled flexibility, our platform provides extensive configurability and self-service capabilities. Users can tailor workflows and processes to their specific needs effortlessly, without the need for extensive technical expertise.

Tailored Mortgage Journeys: Acknowledging the diverse range of needs from specialists to vanilla lenders, Mast has developed configurable mortgage journeys that are perfectly aligned with the requirements of any institution, ensuring a seamless experience for lenders, borrowers and intermediaries.

Product Transfers, Porting and Contract Variations In addition to configurable journeys and workflow, Mast has crafted mortgage journeys specifically tailored to meet the complexities of product transfers and contract variations journeys.

Complex Integrations: Mast's platform boasts seamless and deep integration with seven complex third parties including Stripe, Landmark Quest, LendingMetrics ADP and LexisNexis® RiskNarrative, enabling smooth data flow and interoperability across various facets of the mortgage origination process.

Robust Roles and Permissions: With a focus on personalised user experience, Mast has implemented a comprehensive system of roles and permissions, empowering organisations to manage access and control effectively.

Security, Compliance, and Resilience: Mast's hosted platform is built upon a foundation of security, compliance, and resilience. With robust security measures, including encryption in transit and at rest, and comprehensive audit trails, coupled with scalable and resilient infrastructure built on the shoulders of giants, customers can trust in the safety and reliability of their lending operations when using Mast.

"Our team is incredibly proud to announce the launch and going live of our complete loan origination software," said Robert Stronach Chief Product Officer at Mast. "This achievement underscores our commitment to innovation and excellence in financial technology. With our unique platform, lenders can now leverage advanced capabilities to streamline mortgage processes, provide a much-improved customer experience, and grow their lending business."

The launch of Mast's loan origination platform represents a significant leap forward for lenders, equipping them with the tools needed to thrive in an increasingly competitive market. By combining cutting-edge cloud-native technology with unparalleled industry expertise, Mast is poised to redefine the future of mortgage lending.

For more information about Mast's loan origination software and how it can benefit your organisation, please visit usemast.com

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About Mast

Mast’s mission is to make lending better, smoother and faster for everyone. The company’s cloud-native mortgage origination platform enables lenders to increase capacity, reduce costs and strengthen operational controls. Available as a hosted SaaS platform, the Mast Origination Platform is fully managed by Mast ensuring performance, operational resilience and continuous deployment. The platform enables lenders to operate more efficiently, react faster to changing market conditions, and focus on offering the best service possible, transforming the buying journey for the borrower.

To keep up to date about Mast in the news and announcements, follow us on: LinkedIn.

For any further information please contact sales@usemast.com