Kensington Mortgages is set to enhance its mortgage origination process through a partnership with Koodoo.
The collaboration was formed to leverage Koodoo’s artificial intelligence (AI) tools and design expertise for Kensington’s underwriting process.
The upgrading of Kensington’s underwriter journey will enable the lender to integrate with Koodoo’s AI tools, creating operational efficiencies for all stakeholders, from brokers to third-parties and ultimately the applicant themselves.
Andrei Lebed (pictured), CEO of Koodoo, said: “Our mission at Koodoo is to simplify and empower the mortgage process by leveraging the latest technology and our specialist knowledge of UX design in the mortgage industry.
“Partnering with Kensington Mortgages, a leader in the field of specialist mortgages, is an exciting project for us both.
“Together, we aim to set new standards for efficiency and transparency in the mortgage origination process.”
Vicki Harris, chief commercial officer at Kensington Mortgages, added: “This collaboration with Koodoo reflects our dedication to providing best-in-class services to our clients and partners.
“By harnessing the power of advanced AI tools, we are confident in our ability to elevate the mortgage origination experience, particularly for brokers who play a pivotal role in our ecosystem.
“This partnership reinforces our commitment to staying ahead of the curve and meeting the evolving needs of the market whilst remaining people-focussed.”
