Having set up my first Mortgage Pexa Workspace, I was very disappointed to learn that the PEXA source account is not available for use by a private incoming mortgagee to deposit their loan funds in readiness for the financial settlement. Not all mortgages are by Financial Institutions. There are private client mortgages (and refinances) which need a financial settlement as well as registration and of course would prefer to transact these in PEXA. In view of the deadline next year for electronic transaction of refinances, what is PEXA doing to make the Source Account available so that private mortgagee clients can deposit loan funds in the Source Account in readiness for a refinance or mortgage settlement? Pauline
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