Hot on the heels of Exact’s recent announcement that they are servicing a mortgage book for a well-known mutual lender they have today confirmed that they have won a new contract to service a book of second charge loans which adds approximately another 6000 customers to its platform.

Exact will also be originating all new second charge loans for the client on its state of the art origination platform. The extensive experience of the management team alongside the tried and tested infrastructure is a unique combination for those looking to outsource their
origination requirements.

Ian Lonergan, CEO of Exact, commented: “Our strategy of significant investment in origination and servicing platforms is starting to pay dividends and the number of new contracts we have won this year is encouraging. I expect more companies to outsource their origination requirements, as the market becomes more complex it makes a lot of sense to leverage our capabilities.”