The Tipton and Coseley Building Society taps Mast to power mortgage operations
The Tipton and Coseley Building Society has chosen Mast’s loan origination platform to enhance and expand its mortgage operations in the UK.
The Tipton selects Mast to power its mortgage operations
The building society, which lent £116 million to customers for mortgages last year, currently supports a wide range of mortgage options, including shared ownership, family assist, and buy-to-let purchase mortgages.
Mast claims its cloud-based origination platform, launched in May, “simplifies the journey for all types of mortgages”, and will help modernise The Tipton’s mortgage operations by “streamlining processes, accelerating underwriting speeds, and reducing friction in the process”.
Mortgage workflows and processes can be further customised through the platform’s no-code configuration capabilities, allowing The Tipton to tailor systems to its specific requirements.
Founded in 1901, The Tipton offers tailored mortgage and savings products for customers across the West Midlands.
The building society has formed several strategic partnerships over the years, including a longstanding relationship with UK vendor Connexica for analytics and reporting, as well as a 2022 agreement with mortgage lender Ahauz aimed at supporting first-time home buyers.
