UK-based Nationwide Building Society has launched an API sandbox for the creation of new mortgage processing systems. Nationwide says that it has multiple separate systems working on mortgages right now According to Nationwide, brokers currently use separate systems to client information, source their mortgage and then submit the application. “As the systems are all separate, the process can be inefficient due to duplication of work since information needs to be inputted multiple times,” it writes in a news release. The firm has worked closely with a selection of third parties over the past few months, it adds. The new sandbox…
Nationwide opens API sandbox for mortgage processing
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