Mar 26, 2024
Koodoo
Kensington Mortgages, a leading specialist mortgage lender, is set to enhance its mortgage origination process through a partnership with Koodoo, an innovative technology company dedicated to reshaping the mortgage industry. The collaboration aims to bring about operational improvement by leveraging Koodoo's AI tools and design expertise for Kensington’s underwriting process. The partnership aims to radically transform the speed of underwriting while retaining Kensington’s unique human-driven approach to specialist lending.
This strategic partnership signifies Kensington’s commitment to remaining at the forefront of technological advancement in the mortgage industry. The upgrading of Kensington’s underwriter journey will enable the lender to seamlessly integrate with Koodoo’s AI tools, creating operational efficiencies for all stakeholders, from brokers to third parties and ultimately the applicants themselves. This initiative builds on previous successful collaborations between the two firms, with Koodoo building Kensington’s product retention portal in 2022, which received excellent feedback from broker and mortgage customer users.
Koodoo, dedicated to transforming the mortgage industry through cutting-edge technology and user-centric design, is thrilled to collaborate with Kensington on this exciting initiative. Andrei Lebed, CEO of Koodoo, expressed his enthusiasm, stating,
"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, echoes Koodoo’s excitement, adding:
"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-focused."
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