London—Dentons' UK Securitisation and Structured Finance team has advised MPowered Mortgages, through MQube, on its establishment of a forward flow funding programme for its residential mortgage origination platform. Dentons has advised MQube on multiple forward flow arrangements with institutional funders.

MQube was established with the goal of making mortgage origination and distribution better for all participants. MPowered, MQube's proprietary platform open to all mortgage lenders, uses AI to support underwriting, thoughtful user journeys to make the process more intuitive, and data science to improve risk management and compliance.

MQube exists to deliver better outcomes by rethinking every step of the mortgage journey. It is designed to empower every part of the ecosystem by focusing on a better experience, higher certainty and more control.

Peter Voisey, partner and co-head of Dentons' UK Securitisation and Structured Finance practice, said: "We are thrilled to have the opportunity to work with MQube as the first fintech in the UK to enter into the prime residential mortgage market. We have supported them on multiple deals and look forward to continuing to work closely with them."

Stuart Cheetham, CEO and co-founder of MQube, said: "Dentons provided invaluable support. They really understood what we needed as a new entrant in the market, and getting us to where we are today, where we are able to offer highly competitive products and competitive pricing delivered through the most advanced technology platform in the market. Our entry into the prime residential mortgage market is just the start; we are also looking at entering all segments of the mortgage market."

Alongside lead partner Peter Voisey, the Dentons team included securitisation associates Jimmy Yang and Jakub Telicka and tax partner Alex Tostevin.

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