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Hometrack acquires mortgage arm of EDM Group | Mortgage Introducer

Hometrack has acquired the mortgage automation arm of the EDM Group. Hometrack will welcome EDM’s Mortgage Decision Automation team, the part of EDM’s business that specialises in enabling financial institutions to streamline judgements and processes related to mortgage applications. Alongside this group of experts, the former EDM chief technology officer, Spencer Wyer, will join Hometrack’s leadership team. David Ross, managing director of Hometrack, said: “We are always looking for ways to expand the breadth of service we offer our customers. EDM shares our goal of making the mortgage lending process faster, cheaper and less risky, ultimately benefiting lenders and borrowers alike.

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