Mortgage Advice Bureau (MAB) has added new MQube lender, MPowered Mortgages, to its panel.

The move is part of the ongoing relationship between MAB and MQube through their artificial intelligence (AI) lab.

The pair indicated that they hope to bring richer data insights to the mortgage industry, to create better customer and broker outcomes through the use of AI technology.

MAB CEO, Peter Brodnicki, commented: “MQube’s commitment to using AI and deep learning throughout the mortgage process matches our ambition to provide advisers with state of the art tools which help them achieve the best outcomes for customers.

‘We have a long-term mindset with this partnership and so we’re excited to continue supporting MQube and MPowered as the mortgage application process evolves even further.”

MPowered distribution director, Emma Hollingworth, added: “By embedding AI and deep learning directly into the sales process, our aim will be to help Mortgage Advice Bureau brokers release more time on advising clients and bringing in new business. We’re looking forward to working with Mortgage Advice Bureau to evolve the mortgage process with AI and deep learning technology.”

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