Lightstone Helps GHL Enhance Systems

20 August 2007

GHL Group, a key player in the mortgage packaging marketplace, has selected Lightstone to enhance the services they provide to their satellite packagers and broker community. The project will enable packagers to trade with GHL on an automated basis and will introduce a raft of new functionality including an enhanced DIP (Decision in Principle) with a feed direct to the lender.

This is the latest in a series of high-profile deals for Lightstone, with recent months having seen Lightstone working closely with the likes of Alliance & Leicester and the Yorkshire Building Society.

Chris Bone, Managing Director of Lightstone, said:
"We are very excited about linking up with a company as well respected in the mortgage industry as GHL. Working so closely with GHL is perfectly in keeping with our strategic goal of further developing our presence within the mortgage systems industry. We are looking forward to promoting our proposition in the market in the coming months.”

Nigel Gardner, Managing Director of GHL Group commented:
“The mortgage market is constantly evolving, and it is therefore imperative that companies such as GHL can offer the latest technology, in order to keep up-to-speed with the changes. We have been liaising with Lightstone over the past couple of months to come up with a solution for our packager and broker community that maintains GHL’s market leading position.”

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