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June 8, 2009 – Marlborough Stirling Canada (MSC) is pleased to announce that Street Capital Financial Corporation has joined the MorWEB network and is now capable of accepting mortgage applications submitted by brokers using MorWEB, MSC’s web-based mortgage broker origination system.
MorWEB is Marlborough Stirling Canada’s web-based residential mortgage origination technology, designed to streamline communication and origination processes between mortgage brokers and lenders. MorWEB electronically connects mortgage brokers to lenders, credit bureaus, real estate appraisers, mortgage life insurance companies and other third-party providers to the mortgage industry.

Tim Brown, Interim General Manager MorWEB, comments, “This is a significant addition to the MorWEB service. By adding Street Capital we are providing brokers with an even greater range of attractive product options that they can offer their customers. Brokers across Canada are well aware of the reputation of Street Capital for providing competitive products and exceptional service, and we are pleased that they have recognized our vision as we continue growing the MorWEB network.”
Paul Grewal, Street Capital’s President says: “We have seen a steady growth in the number of brokers wishing to submit to us through MorWEB, and we are confident in the ability of Marlborough Stirling Canada to deliver a technology solution that helps us to serve mortgage brokers to the level they have come to expect from us. We look forward to a positive relationship as we strive to offer choice and exceptional solutions to the broker market.”
For inquiries related to this announcement, contact:
Tim Brown
Interim General Manager, MorWEB Marlborough Stirling Canada 200 Yorkland Blvd. Suite 1100 North York ON M2J 5C6 (T) 416-726-1651 (E) tim.brown@mscanada.com
About Marlborough Stirling Canada
Marlborough Stirling Canada (MSC) is a technology services provider to the Canadian mortgage industry. MSC offers a complete range of hosted and licensed software solutions capable of achieving seamless straight through processing of mortgage business from initial customer inquiry to final loan discharge. MSC's solutions include MorWEB (origination system for brokers and lender sales forces), Omiga (underwriting, fulfillment and funding), and Optimus (mortgage servicing). Marlborough Stirling Canada is a wholly owned subsidiary of Vertex (www.vertexgroup.com).
About Street Capital Financial Corporation
Street Capital Financial Corporation is a Canadian owned and operated residential mortgage lender. Street Capital prides itself on offering competitive products and interest rates with an exceptional level of service to clients across the country. Street Capital is able to offer a broad spectrum of prime residential mortgage financing including conventional and high ratio products to their mortgage broker partners. Street Capital is proud to help more Canadians with solutions for home ownership.
For more information visit: http://www.streetcapital.ca.
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