DPR announces Checkmate Mortgages contract

19 January 2009

DPR, a leading provider of lending solutions, announced that Checkmate Mortgages has selected DPR’s Origination Solution to support its new mortgage lending operations.

Checkmate Mortgage’s proposition, pioneered by GMAC-RFC’s former Executive Chairman Stephen Knight, is due to launch in 2009. Checkmate promises to be an exciting new entrant into the UK mortgage market,

“After examining the various solutions available to us and speaking with peers in the UK mortgage market we determined that DPR provided the best fit for our requirements,“ said Barry Searle, Managing Director of Operations at Checkmate Mortgages.

“We need a partner that shares in our vision and is able to deliver the innovation we require. DPR does exactly that. Flexibility in approach, combined with proven advanced technology was key throughout our selection process. We are now closely working together with the DPR team.”

“We are tremendously excited that the formidable team behind Checkmate Mortgages has decided to work with DPR using our Origination Solution to support the launch of their new lender, “ said Dave Patel, Managing Director of DPR. “As a provider of agile lending solutions to both mainstream and specialist lenders, DPR’s technology for multi-channel and multi-brand lending propositions is unparalleled in the UK market. We look forward to working with Checkmate Mortgages and helping them deliver their vision”.

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