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Hortons advises Mortgage Brain as it expands with the acquisition of The Edge

December 10, 2009

Mortgage Brain, the market leading mortgage technology solutions provider has acquired the Intellectual Property Rights (IPR) of The EdgeV2 software platform from the Administrators of the Enterprise Group.

Mark Lofthouse, CEO of Mortgage Brain, comments, “The Edge has a loyal customer base and we are pleased that this acquisition will allow us to provide them with a way forward by delivering brokers a market leading solution in a timely manner.”

Jeff Taylor of Thomas Horton LLP advised Mortgage Brain on the acquisition. Mark Lofthouse commented “the Horton’s team provided a swift, smart and proactive service.”

Jeff Taylor added, “It was great to work with Mark and his team again; their focus, energy and determination is inspirational – they know what they want to achieve and we are glad to be part of their advisor team working closely with them to really understand what they are aiming for, and then hitting their targets.”

About Mortgage Brain Limited

• Mortgage Brain Limited is the most widely used and preferred provider of point-of-sale, compliance, mortgage sourcing and electronic trading products and services for mortgage intermediaries.

• MBL Holdings, formed in 1986, is jointly owned 6 leading high street banks.

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