MQube has enhanced its mortgage origination technology, Origo, with a new feature.
The update uses artificial intelligence to mirror the work of human underwriters, making the case in human-like language, assessing applicants for credit policy compliance and recommending case requirements to brokers.
This step of the underwriting process typically requires an underwriter to spend 25 minutes per case.
Stuart Cheetham, chief executive of MQube, said: “With 65,900* home purchase net mortgage approvals approved in the UK in September, saving 25 minutes per case per day saves time for in-house underwriting teams, which is significant for lenders creating huge cost and operational efficiencies and, more importantly, a better customer and broker experience.”
“Other operational efficiencies include better auditability, increased productivity and better risk profiles. As we move into 2026, mortgage lenders will revisit their business strategies and this is undoubtedly a ‘breakthrough’ development in mortgage technology.”
“Adoption of new technologies will dominate the industry in 2026 as lenders seek to simplify their business models.”
“In addition to our market-leading Origo platform, MQube offers a variety of AI-driven mortgage technologies, including our advanced AI chatbot Criteria Genius, which communicates like a human and provides instant answers to brokers’ questions related to lender policies,” Cheetham explained.
“A new development being developed by MQube is a new revolutionary initiative for the industry, a structure that allows mortgage lenders to trade mortgage debt on-chain, unlocking new opportunities for UK lenders.”
“We look forward to leveraging our market-leading expertise in artificial intelligence to bring more technological advancements to the industry in 2026.”
Last month, MQube announced that it had tokenized £1.3 billion of mortgage debt on the blockchain.
