Phoebus is the latest firm to join the Intermediary Mortgage Lenders Association (IMLA), bringing IMLA’s membership total to 69, comprising 55 full members and 14 associate members.
As a mortgage servicing provider of 35 years’ standing, Phoebus works with UK lenders across all sectors to improve the way borrower accounts are serviced. It provides a single unique database of information across the whole of a lender’s business enabling a single customer view across all departments.
The business will be represented at IMLA by Richard Pike, Chief of Sales and Marketing at Phoebus, who is well known to many in the mortgage industry.
Richard Pike, Chief of Sales and Marketing at Phoebus, said:
“We have been supporters of IMLA for many years and our IMLA membership now cements our relationship with this important force for good in the mortgage market. We service mortgages on behalf of several members and so the fit between IMLA and Phoebus is really good. Phoebus’ interaction with other IMLA members will bring valued knowledge and opinions influencing our future strategy and product development.”
Kate Davies, Executive Director of IMLA, commented:
“We are very pleased to welcome Phoebus as an associate member of IMLA. Their experience in the market brings valuable insight into the issues facing lenders and an interesting perspective on aspects of the market. We look forward to them joining our discussions and working together to take our industry forward.”
For further information please contact:
Paula John, Paula John Communications
Tel: +44 (0)7973 435 299
Email: paula.john@imla.org.uk
Notes to Editors
About IMLA
The Intermediary Mortgage Lenders Association (IMLA) is the trade association that represents mortgage lenders who lend to UK consumers and businesses via the broker channel, and associate providers. Its membership of 55 banks, building societies and specialist lenders includes 18 of the 20 largest UK mortgage lenders (measured by gross lending) and accounts for over 90% of mortgage lending (91.6% of balances and 92.8% of gross lending).
About Phoebus
Phoebus Software Limited is a mortgages and savings technology provider founded in 1989. In 1997, Phoebus became fully independent, followed by a management buyout (MBO) in 2019, which was supported by Northedge Capital LLP.
The Phoebus technology platform services multi-channel, multi-product and multi-currency banking, lending and deposits. It features market-leading functionality encompassing originations, primary and specialist servicing, general ledger, treasury and securitisation. Phoebus offers high automation to organisations through an integrated workflow solution.
Phoebus has more than 25 clients in the UK and Ireland, servicing more than £100bn in assets.