MQube has enhanced its mortgage origination technology called “Origo” with a new feature which uses AI to mirror the work of a human underwriter by suggesting rationales, in human-like language, that assesses whether an applicant meets credit policy compliance and recommends case requirements for brokers.
This step of the underwriting process would usually take a human underwriter 25 minutes per case but this new "digital" underwriter allows MQube's AI-driven Origo technology to do this instantly saving human underwriters huge amounts of time and reducing their workloads.
Stuart Cheetham, CEO of MQube, says: "With 65,900 net mortgage approvals approved for house purchase in September in the UK and 25 minutes per day saved per case the time this could save in-house underwriting teams is demonstrably significant creating huge cost and operational efficiencies for lenders as well as importantly a better customer and broker experience. Other operational efficiencies include better auditability, increased productivity and an improved risk profile. This is undeniably a "groundbreaking" development in mortgage technology as we enter 2026, a time when mortgage lenders revisit their business strategies. The adoption of new technologies will dominant this industry in 2026 as lenders look to streamline their business models."
MQube’s “Origo” mortgage origination platform, adopted by the UK’s largest building societies and mortgage lenders, already has the ability to save underwriters significant amount of time by assessing and automating data and documents in real time such as ID and bank statements using big data and large language models. This new feature, launched today, further enhances the existing platform by facilitating an even speedy underwriting process.
Cheetham adds: "At MQube we continue to pioneer technologies that enhance operational efficiencies and streamline the mortgage process for lending partners. As well as our market leading Origo platform, MQube offers a wide range of AI driven mortgage technologies including, Criteria Genius our sophisticated AI chatbot, which communicates like a human being to provide instant answers to broker questions relating to a lenders policy. A more recent development MQube is composing, in a new revolutionary move for this industry, is an architecture that will allow mortgage lenders to trade their mortgage debt on-chain unlocking a new level of opportunity for lenders in the UK. We look forward to using our market-leading expertise in AI to bring even more technological advancements to this industry in 2026."
