Close to half of all mortgage broker lending in the United Kingdom -- which represents 19% of total U.K. lending -- is done online, according to a recent study.The study by TowerGroup and Frank Eve Consulting Ltd. shows that "real-time, Web-based technology has become indispensable for lenders to efficiently manage mortgage intermediary (mortgage broker) relationships, and for intermediaries to adapt to new Financial Services Authority regulation." Tower Group can be found online at http://www.towergroup.com.
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