Newcastle to spend £1m on boostinq IT systems

Scott, Tracey
May 2008
Mortgage Strategy;5/19/2008, p8
Trade Publication
The article reports on the plan of Newcastle Building Society to invest in online systems for mortgage processing as part of the company's Mortgage Vision strategy in Great Britain. The system, which costs about £1 million, will provide immediate decisions based on credit scores, alternative options and online applications and submissions. The move is aimed at improving lender's relationship with brokers.


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