Lending solutions are in our genes
LTX was established as Lending Technology Services in 1999 with a focus on mortgage lending services. LTX systems facilitate the origination of over $6 billion in Australian originated home loans annually.
We have deep domain knowledge across prime, non-conforming and equity release lending, working with both wholesale and retail funders. We gained much of this experience packaging and processing loan applications through our own multi-lender business process outsourcing (BPO) operation, Lending Processing Services.
In 2000 LTX founded LIXI – the Lending Industry XML Initiative - and remains actively engaged at Working Group and Technical levels to help guide the continued improvement of lending industry collaboration and communication.
LTX gained a major investment in 2007 from a consortium backed by US-based Monitor Clipper Partners. Recognising this investment and our partnership with Filogix, Lending Technology Services became known as LTX in March 2008.
Monitor Clipper Partners realised its investment in 2011. Concurrently, we sharpened our focus on solving the pain points in the mortgage document lifecycle.