Chetwood Bank has signed a deal with Target that sees the enterprise processing agency handle the digital challenger’s mortgage merchandise.
The financial institution, which additionally owns broker-only landlord lender ModaMortgages, says the settlement means Target now handles its “full end-to-end mortgage account management”.
Chetwood Bank chief working officer Julian Hynd says: “The velocity and high quality of the implementation – going stay in underneath 100 days — has been spectacular.
“Target’s experience in mortgage servicing and buyer expertise made them a pure match for this mission, and we’re assured our clients are in good palms.”
Target Group progress director Melanie Spencer (pictured) provides: “This collaboration marks a major milestone in Target Group’s progress journey and displays our shared dedication to delivering modern, tech-enabled options that meet the evolving wants of consumers.”
“Partnership lies on the coronary heart of our technique, and dealing alongside Chetwood Bank affords us an opportunity to mix our strengths.