Mortgage Technology

IDS Makes Fourth Appearance on Mortgage Technology’s Annual ‘Top 50 Service Provider’ List

Mortgage documents

SALT LAKE CITY, Utah, May 21, 2014 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS) announced it has made its fourth consecutive appearance on the Top 50 Service Providers list, issued by SourceMedia’s Mortgage Technology magazine.

Announced May 19 as a supplement to Mortgage Technology’s sister publication National Mortgage News, the Top 50 Service Providers list recognizes lenders “for their accomplishments in four criteria – continued advancement of technology and services, viable revenue model and value proposition, exceptional customer service and unique impact on the mortgage industry.” A 2013 finalist for the Lenders’ Choice Mortgage Technology Award, IDS was recognized for its achievements in electronic signature adoption amongst its client base and system upgrades made throughout the year.

According to the magazine, “[IDS] boasts that nearly 52% of the document packages and 18% of 4506-T requests that lenders generated with its technology were e-signed in 2013. The company’s document preparation system, idsDoc, was integrated with additional LOS platforms and redesigned to include an updated user interface and multi-browser compatibility.”

Over the nomination period (April 2013 to March 2014), IDS also completed all January 2014 Dodd-Frank Act changes by November 2013 to allow clients to become familiar with the changes and added E-signature support for FHA documents. In addition, IDS experienced significant corporate growth over the past year. The company increased its overall staff by 45 percent and its customer service staff by 72 percent to maintain its service levels while implementing all of the incoming regulatory changes over the past year. IDS also experienced healthy growth in its customer base, with all sales regions seeing at least a 20 percent increase in new customers.

“At the core of every business decision IDS makes is the question, ‘How will this improve service for our customers?’” said IDS Executive Vice President Mark Mackey. “To be recognized for our efforts in this endeavor is truly an honor, and we thank the editorial staff of Mortgage Technology for bestowing us with this distinction for a fourth year in a row.”

About IDS, Inc.:

IDS, founded in 1986 in Salt Lake City, Utah, is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, initial disclosures and fulfillment. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. The system is backed with compliance and document guarantees. IDS succeeds with unsurpassed customer service, sophisticated technology, and a diligent compliance team. Lenders looking to get more out of doc prep can visit the IDS website at http://www.idsdoc.com/ or call 800-554-1872.

NEWS SOURCE: International Document Services, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope®. Original syndication source of this press release: http://www.send2press.com/newswire/IDS-Makes-Fourth-Appearance-on-Mortgage-Technology-s-Annual-Top-50-Service-Provider-List_2014-05-0521-001.shtml.


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FirstClose Announces Expanded Portfolio Review Service

Portfolio Review Service

AUSTIN, Texas, May 15, 2014 (SEND2PRESS NEWSWIRE) — FirstClose, an Austin, Texas-based mortgage technology service provider, announced today the expansion of its Portfolio Review Service for current home values, liens and encumbrances. Lenders can now access a detailed asset valuation that meets compliance requirements, but also exceeds expectations with a summary of the featured properties’ transactional histories. The result is a comprehensive solution for lenders that documents the strength of their portfolios through additional data.

An expanded review process is available on first and second mortgages, as well as HELOC-specific portfolios. FirstClose’s Portfolio Review Service includes detailed information about factors that negatively or positively influence the assets’ value or negatively affect the lender’s lien position such as new liens, judgments, foreclosures and other encumbrances.

Lenders submit property addresses in a simple spreadsheet format; the spreadsheet is then reviewed and annotated within 48 hours. Additional information, such as changes of ownership and property tax history, can also be provided.

“What sets apart FirstClose’s Portfolio Review Service is the unique level of detail that’s all-encompassing,” said Tedd Smith, FirstClose CEO. “That roundtrip history of the assets reviewed underscores the true value of lenders’ portfolios with data that’s accurate, up-to-date and critical to making short term and long term decisions.”

About FirstClose:

FirstClose ( http://firstclose.com/ ) is an Austin, Texas-based online service, owned and operated by First Lenders Data, Inc., a mortgage settlement service solution for lenders looking to improve efficiency and accuracy while lowering costs and turn-around time. FirstClose aggregates nationally recognized vendors and service providers into one easy-to-use online or integrated solution. FirstClose services include credit reports, flood certifications, AVMs, property condition reports, hybrid valuations and traditional appraisal products, as well as income verification, tax tracking, title searches, title insurance, alternative lien reports, doc prep, closing and recording services.

FirstClose also specializes in integrating all settlement services with lenders’ preferred vendors into their loan origination systems (LOS), to eliminate duplicate data entry and obtain reports and critical data elements back into the LOS.

Visit http://www.firstclose.com/coffee-request.php to receive additional information about the offering or email Corey.Smith@FirstClose.com or Tedd.Smith@FirstClose.com.

Media Contact
Callie Collins
of Profundity Communications, Inc.
for FirstClose
+1-405-509-1598
ccollins @ profunditymarketing.com .

NEWS SOURCE: FirstClose :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope®. Original syndication source of this press release: http://www.send2press.com/newswire/FirstClose-Announces-Expanded-Portfolio-Review-Service_2014-05-0515-002.shtml.


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Quandis Introduces Change Management Solution for Business Users

Web Forms FOOTHILL RANCH, Calif., Jan. 31, 2014 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default management technology solutions, announced it developed Custom Form Builder, a tool that empowers business people with the ability to easily and quickly make changes to complex workflow-driven Web forms. The solution exponentially reduces development time frames and costs for organizations.

Using Custom Form Builder, companies are able to implement form changes within their workflows virtually on demand. Quandis’ solution empowers business people who do not have any programming experience with an easy-to-use tool that allows them initiate software change management themselves, without the involvement of IT.

“The genesis of our decision to make available this type of tool was to reduce development and implementation turn times for us and our clients,” said Eric Patrick, CTO of Quandis. “Using our Custom Form Builder solution, clients can apply business rules to quickly create Web-based forms, easily make changes, designate workflow tasks, and implement them into a live production environment without having to contact us.”

There are many different types of Web-based forms and workflows that companies use. Often, forms are buried within existing workflows, making them difficult to edit. Examples of what Quandis’ Custom Form Builder can be utilized for include short sale forms, forms for collections agencies to gather and verify financial information, foreclosure processing forms, bankruptcy forms, and valuations forms, to name a few.

Organizations have their own internal processes in place that they use to guide staff through workflows as well as adhere to rules mandated by various outside agencies. Quandis’ Custom Form Builder can apply unique business logic that creates hard stops and alerts in organization-specific workflows if tasks are not properly completed or required information is missing.

The solution can be utilized by servicers, specialty servicers, lenders, banks, law firms, collection agencies, skip tracing firms, outsourcers and other entities.

Patrick adds: “On a smaller, less sophisticated scale, a good example of how our Custom Form Builder works can be likened to that of Survey Monkey or Google Forms, where users can easily create and push newly created forms or changes to existing forms to the Web. In the mortgage industry, our clients are able to make on-the-fly changes to complex Web-based user interface (UI) components that also tie in with back-office enterprise systems. This establishes a robust solution that allows staff performing work in the UI to pass collected information back to various internal applications for processing.”

About Quandis:

Founded in 2003 and headquartered in Foothill Ranch, California, Quandis is a default management software provider specializing in Web-based solutions for the lending industry. Quandis’ solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development. The company’s clients range from lenders to banks, servicers, foreclosure attorneys, GSEs outsourced service providers, and agents and brokers. With over 20 years of experience in developing mortgage technology solutions, Quandis understands the unique requirements necessary to deliver enhanced workflows and business-to-business communications. Quandis has been named a Top 50 Service Provider three years in a row.

For more information, please visit http://www.quandis.com/ or call (949) 525-9000.

CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Quandis, Inc.; 27442 Portola Parkway, Suite 350, Foothill Ranch, CA 92610; 949-525-9000.

NEWS SOURCE: Quandis, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope®. Original syndication source copy of this news item: http://www.send2press.com/newswire/Quandis-Introduces-Change-Management-Solution-for-Business-Users_2014-01-0131-003.shtml.

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LendingQB Introduces ‘Lean Lending’ Technology Model to the Mortgage Industry

Loan Origination Software COSTA MESA, Calif., Nov. 6, 2013 (SEND2PRESS NEWSWIRE) — LendingQB, a provider of end-to-end loan origination software (LOS), announced that it has officially launched its Lean Lending methodology for the mortgage industry. Lean Lending is a technology strategy that enables lending entities to streamline processes, ensure compliance, and drive continuous organizational improvement.

“We developed the Lean Lending model, in part, to introduce lenders to a newfound method that most have not thought of to change the way they handle their technology strategies, systems usage, workflow automation, compliance practices and more,” said Binh Dang, president of LendingQB. “Lean Lending takes a holistic approach to lending that is comprised of three core components: one, streamline internal processes; two, compliance adherence; and three, ongoing organizational improvement. Companies that implement the Lean Lending model find themselves compliantly operating as a very lean, highly profitable, fine tuned mortgage assembly line.”

By streamlining processes, lenders are able to create a seamless workflow, eliminate unneeded software systems, reduce manual touch points, maximize employee productivity, and effortlessly move loans through the lending process from cradle to grave. Using Lean Lending’s approach to comprehensive compliance, multiple layers of compliance checks are implemented such as analytics tools, hard stops and red flag reporting. The organizational improvement component of Lean Lending implements mortgage best practices, metrics and concrete data to continually optimize operations.

LendingQB says recent data shows that lenders’ personnel costs per loan spiked 40 percent from 2009 to 2012 with costs being $2,353 in 2009 and jumping to $3,285 in 2012. LendingQB’s Lean Lending approach is proven to dramatically reduce costs and help lenders operate leaner and more efficiently while remaining compliant.

Dang added: “Most lenders have a tendency to keep doing things the same way. They may buy a new technology platform, but they fail to take a holistic approach to solving their specific business problems and end up with a system that doesn’t perform as expected, affects their profits, and will likely have them on the hunt for a new system soon rather than later. Lean Lending adapts to a lender’s unique business model and actually becomes a part of their business strategy.”

About LendingQB:

LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders – large or small, wholesale or retail, correspondent or Internet-based – with specialized tools that are targeted, customizable and flexible. LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan.

For more information about LendingQB, please call 888-285-3912 or visit http://www.lendingqb.com/ .

NEWS SOURCE: LendingQB :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope®.

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Instant Support Feature Within LendingQB’s LOS Cited by Clients as Key Driver in Responsive, Superior Customer Support

Loan Origination SoftwareCOSTA MESA, Calif., May 30, 2013 (SEND2PRESS NEWSWIRE) — LendingQB, an end-to-end provider of loan origination software, announced that a recent poll of its client base provided statistics that demonstrate the company’s track record of providing exemplary customer service and technical support. The survey was conducted to better understand what clients like most about LendingQB’s support levels. LendingQB’s “Instant Support” chat feature that is built into its LOS was identified as being instrumental in its ability to provide high levels of support and quick responses to questions.

The LOS’ Instant Support capability creates a unique communication medium that allows lenders to conveniently and quickly pose questions and have problems swiftly addressed. In addition to direct communication with clients, LendingQB’s support staff is able to view and take control of users’ desktops to identify, troubleshoot and fix issues while the user effortlessly watches. Almost half (46 percent) of all support requests are received via Instant Support.

Participants in the survey encompassed a wide range of job functions within lending organizations that included executives, loan officers and brokers, underwriters, processors, closers, shippers, set up staff and secondary marketing managers. A number of different categorical questions were asked of lenders. Notable is that LendingQB routinely monitors clients’ usage of its system to proactively reach out to them and call their attention to functionally that isn’t being used, as well as new functionality.

58 percent of respondents indicated that they had questions about how to take advantage of various features in the LOS, which they wanted to become familiar with in order to make their jobs easier. 94 percent of clients said their questions were answered clearly and expeditiously; 52 percent of support requests are responded to within 5 minutes; only 21 percent said they waited longer than an hour for a response; and 91 percent of LendingQB’s clients categorized support as being good or excellent.

“In talking with all types of lenders in the marketplace, one of the biggest complaints they have with their LOS providers is a lack of responsive support, an inability to clearly answer questions, and requests for new features and enhancements that frequently fall upon deaf ears,” stated Linn Cook, marketing director at LendingQB. “Vendor support is absolutely critical for lenders to be able to take full advantage of their LOS platform, and not just within the first 60 or 90 days. We’re proud to have a reputation as a provider that maintains a high and consistent level of support to our clients on a daily basis.”

About LendingQB:
LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible. LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit http://www.lendingqb.com/ .

CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com

LendingQB; 3080 Bristol Street, Suite 550, Costa Mesa, CA 92626; 714-957-6335.

NEWS SOURCE: LendingQB :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope® – Copr. © 2013. Syndication source of this news item: http://www.send2press.com/newswire/Instant-Support-Feature-Within-LendingQB-s-LOS-Cited-by-Clients-as-Key-Driver-in-Responsive-Superior-Customer-Support_2013-05-0530-002.shtml .


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LendingQB Webinar Addresses Why Lenders are Challenged to Implement LOS Technology

loan origination SaaSCOSTA MESA, Calif., March 21, 2013 (SEND2PRESS NEWSWIRE) — LendingQB, a provider of end-to-end loan origination software, announced that it will be holding a free webinar on why lenders struggle to successfully implement new loan origination technology systems (LOS). The webinar will be held on March 27, 2013, at 1 p.m. Eastern Time.

Research reveals that 62 percent of IT projects fail to meet their schedules; 49 percent run over budget; 47 percent had higher-than-expected maintenance costs; and 41 percent failed to deliver the expected business value and ROI. Attendees of the webinar will gain firm understanding as to why this is and how lenders can avoid becoming a statistic.

“Mortgage lenders are on the hunt for new LOS platform as a way to increase efficiency and maintain compliance with new lending rules,” said Linn Cook, marketing director at LendingQB. “However, there’s always the risk that LOS implementations go over budget or fail entirely, costing lenders time, money and the opportunity to gain market share. We’ve performed extensive industry research and fully understand why this is happening and what lenders can do to achieve a well-planned, successful implementation that meets their expectations and delivers an attractive ROI.”

The webinar will explore the risks associated with LOS implementations and discuss the role of web-based software, customer service and the changing dynamics of vendor-client interactions in improving LOS implementation success. A real-world case study will be offered by a lender that has been through successful LOS implementations and also observed failed projects and those that fell short of expectations or went over budget.

Webinar speakers include:
* Linn Cook, Marketing Director at LendingQB;
* Lester Alitagtag, Enterprise Solutions Manager at LendingQB;
* Ron Cahalan, Sales Manager at The Lending Company.

Interested parties can sign up for the webinar by clicking here: https://www1.gotomeeting.com/register/971991513 .

About LendingQB:
LendingQB is a Costa Mesa, Calif.-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible. LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan.

For more information about LendingQB, please call 888-285-3912 or visit www.lendingqb.com.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

NEWS SOURCE: LendingQB :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. Original source: http://goo.gl/O7m78.


Copyright © 2013 Send2Press for Journalists. This content is copyrighted under U.S. and international law and may only be used for non-commercial purposes by news aggregators or under license of the Neotrope® News Network - www.neotrope.net. .
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Global DMS Celebrates Ten Year Anniversary

valuation management softwareLANSDALE, Pa., March 6, 2013 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, today announced the celebration of its tenth anniversary in business. The Global DMS name was officially formed in 2003 and the company has remained dedicated to the mortgage banking industry and appraisal management space since its inception.

“Our longevity in reaching a decade of success speaks volumes about the effectiveness of our technology platform and the second-to-none service we provide our clients,” commented Vladimir Bien-Aime, president and CEO of Global DMS. “To date, we have helped hundreds of organizations automate their valuation management processes and bring newfound efficiencies to complex workflows. We credit our continued success to our two greatest assets-our valued clients and our highly dedicated staff, which in part is why we boast a 100 percent customer retention rate.”

Global DMS originally started as OneStopAppraisal . com in 1999 but as the company expanded its solution offering and client base, its focus shifted and was later officially launched as Global DMS in 2003. The company currently employs 40 employees and will be adding more staff throughout 2013.

Global DMS has been growing at an enviable rate and has been adding new software developers, business analysts, support analysts, implementation managers, quality assurance specialists, salespeople and new executives to support its expansion. The company recently relocated its headquarters to a larger building located in the greater Philadelphia metropolitan area to house the new hires.

Notable is that Global DMS is consistently voted a Top 50 Servicer Provider by Mortgage Technology magazine and in 2011 the company was named to the Inc. Magazine’s Inc. 5000 list with a ranking of 1101 and a three-year growth rate of 273 percent.

About Global DMS:
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is the mortgage industry’s preeminent provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company’s solution set is cost effectively delivered on a software-as-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Notable is that Global DMS has retained 100 percent of its lender clients since its inception.

The company’s solutions include its eTrac valuation management platform, eTrac WebForms, Global Kinex, AVMs and the MISMO Appraisal Review System (MARS).

For more information, visit the company’s web site at http://www.globaldms.com/ or call (877) 866-2747.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

NEWS SOURCE: Global DMS :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. Original Source Link: http://goo.gl/BcS6H.


Copyright © 2013 Send2Press NewsWire for Journalists. This content is copyrighted under U.S. and international law and may only be used for non-commercial purposes by news aggregators or under license of the Neotrope® News Network - www.neotrope.net. .
Copr. © Neotrope and the news source - all rights reserved.


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Matchbox Executive Jonathan Yosha Named one of ‘Top 40 Most Influential Mortgage Professionals Under 40′ by National Mortgage Professional

MELVILLE, N.Y., Jan. 16, 2013 (SEND2PRESS NEWSWIRE) — Matchbox, LLC, a full service advisory and consulting partner to the mortgage banking industry, is proud to announce that its Vice President Jonathan Yosha was named to National Mortgage Professional magazine’s “Top 40 Most Influential Mortgage Professional Under 40″ list. According to the publication, its annual list spotlights peer-selected executives who are noteworthy for exemplary professionalism and productivity in an industry undergoing transformation.

Yosha, who has more than a decade of mortgage banking experience, graduated with a finance degree from the McCombs School of Business at the University of Texas. After serving four year in an operations leadership role in the secondary marketing/ capital markets department for a $1 billion-plus lender, he became Vice President of Matchbox, LLC in 2010.

“Jonathan Yosha, like the other professionals of his caliber, is what the future of the mortgage industry looks like,” said Matchbox founder and President Frank Fiore. “He understands that success as a mortgage banker means keeping your fingers on the pulse of the loan origination enterprise from point of sale, through underwriting and production, and into the back-end to the execution of secondary operations.”

Although his core focus is in secondary marketing, Yosha has demonstrated a unique insight into how mortgage loan production back-end procedures and decision making impact every step of the loan origination process. His beliefs in utilizing technology to improve workflow, execution, and management of departments have allowed clients to recognize tremendous revenue growth.

“Being named to the National Mortgage Professional annual ‘Top 40 Under 40′ list is a distinct honor over and above other mortgage industry awards because it is a peer-selected award,” said Yosha. “It is gratifying to be acknowledged for the dogged effort I have made to be among the best at what I do, and to bring my personal best practices back to an industry that is earnestly adapting to change.”

Yosha has worked with dozens of mortgage and community bankers to increase their gain on sale through operational, hedging, and lock desk efficiencies along with proactive margin & pipeline management and oversight. He has built lock desks, converted broker to bankers, implemented strategies and workflow to deliver to the agencies, created GinnieMae securities and effectively work with subservicers.

According to Yosha, he continues to actively learn and proactively react to industry changes such as Loan Officer Compensation and Compare Ratio analytics.

About Matchbox, LLC:
Matchbox is a full service advisory and consulting partner to the mortgage banking industry. We specialize in improving profitability by focusing on your Operational process. We are Operational experts with two specific areas of focus, Technology and Secondary Execution. We strongly believe that by embracing technology, reducing expenses and focusing on improving your secondary execution, profitability and net revenue will increase, allowing bankers to realize their full potential. For more information about Matchbox, LLC please call 866-77-MATCH or visit http://www.matchboxllc.com/ .

NEWS SOURCE: Matchbox, LLC :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .

The above press release, Matchbox Executive Jonathan Yosha Named one of ‘Top 40 Most Influential Mortgage Professionals Under 40′ by National Mortgage Professional originally appeared in this format on Send2Press NewsWire for Journalists. © the Neotrope® News Network.


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United Fidelity Funding Named a Top 25 Tech-Savvy Lender for Third Time

KANSAS CITY, Mo., Dec. 27, 2012 (SEND2PRESS NEWSWIRE) — United Fidelity Funding Corp. (UFF), a national wholesale and retail mortgage banker, announced that it earned a spot on Mortgage Technology magazine‘s 2012 Top 25 Tech-Savvy Lenders and Servicers list for the third time.

The magazine cites that companies named to the list have demonstrated an ongoing commitment to using technology and regularly implementing new innovations to produce marked business process improvements. In addition, the magazine evaluates how lenders and servicers are utilizing technology in ways that are exemplary for the rest of the mortgage industry.

Founded in 2008, UFF is run by experienced mortgage professionals who understand the value of harnessing technology to make the lending process more efficient, transparent and cost effective. UFF’s technology is comprised of a number of different leading Web-based solutions that seamlessly integrate with one another to establish companywide efficacy.

From it’s the beginning, UFF implemented enterprise-class, innovative mortgage technologies that automated all of its processes and workflows to establish a highly effective end-to-end platform. The company is fully automated from the point-of-sale through secondary marketing. Notable is that UFF established its lending practice as a 100 percent paperless operation.

“We are honored to have again been named to Mortgage Technology magazine’s prestigious Top 25 Tech-Savvy Lenders and Servicers list for the third time,” said Kevin Marconi, COO of UFF. “Since our inception, we have worked hard and remained committed to automation and innovation, which has enabled us to provide our employees with software applications that help them do their jobs better. And, we provide our LOs and brokers with robust Web-based technology tools that help make them more successful.

“As a result, borrowers that do business with us enjoy a very positive, highly service-oriented and smooth experience. Without technology and continuous advancements, we wouldn’t be able to run such an efficient lending operation.”

About United Fidelity Funding:
Founded in 2008 and based in Kansas City, Missouri, United Fidelity Funding Corp. is a national wholesale and retail mortgage banker that uses the latest web-based loan management and decisioning tools to offer its partner network full visibility into the status of loans at any given time in an effort to deliver next-level service. United Fidelity Funding is focused on ensuring it delivers reliable and accurate communication.

Paperless loan files, from submission to funding, ensure good, easy communication. This ensures smooth, quick closings. The company offers training on any of its loan programs or its Web-based loan management tools by contacting your account executive. For more information, visit www.uffmortgage.com or call (866) 760-0600.

About SourceMedia:
SourceMedia provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. SourceMedia’s 750,000 worldwide clients and subscribers range from c-level executives to business-unit heads to line managers – from the front office to the middle office to the back office. The company employs more than 1,000 employees worldwide, with headquarters in New York and offices in Chicago, Washington, D.C., and London (www.sourcemedia.com).

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

NEWS SOURCE: United Fidelity Funding Corp. :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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Global DMS to Hold Webinar on Valuation Fine and Fee Prevention

LANSDALE, Pa., Dec. 10, 2012 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced that it will be holding a free webinar on how to utilize technology to maintain an efficient valuation management process and full compliance throughout that process. The webinar will be held on December 12, 2012, at 2 p.m. Eastern Standard Time.

Attendees of the webinar will have a much better understanding of how to comply with new industry rules and regulations that impart collaboration, control and confidence; ultimately reducing appraisal costs, risk and fraud.

Appraisal reports are the sole indicator of value for collateral, securing the largest personal financial transaction most people will make in their lifetimes. In light of the mortgage downturn the country has faced over the past several years, it’s no wonder appraisal reports have garnered so much scrutiny as of late. Lenders and regulators alike have begun to realize the magnitude of the role appraisals play in high credit quality, sensible mortgages.

Webinar speakers include:
* Elizabeth Green, Principal Consultant at rel-e-vant Solutions;
* Lisa Binkley, SVP at Platinum Data Solutions;
* Alan Hummel, SVP and Chief Appraiser at Forsythe Appraisal;
* Tony Pistilli, Principle Consultant at Valuation Consulting;
* Matt McHale, CRO at Global DMS.

Interested parties can sign up for the webinar by clicking here: http://www.nationalmortgagenews.com/webinars/-1033… .

About Global DMS:
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is the mortgage industry’s preeminent provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company’s solution set is cost effectively delivered on a software-as-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Notable is that Global DMS has retained 100 percent of its lender clients since its inception. The Company’s solutions include its eTrac Management platform, eTrac Enterprise platform, WebForms, Global Kinex, AVMs and the MISMO Appraisal Review System (MARS). For more information, visit the company’s web site at www.globaldms.com or call (877) 866-2747.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

NEWS SOURCE: Global DMS :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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Mortgage Technology Magazine Designates Venta Financial Group a to its Top 25 Tech-Savvy Lenders List

LAS VEGAS, Nev., Dec. 5, 2012 (SEND2PRESS NEWSWIRE) — Venta Financial Group, Inc., a Nevada-based mortgage banker, announced that it earned a spot on Mortgage Technology magazine’s 2012 Top 25 Tech-Savvy Lenders and Servicers list for the advanced technologies that operate its wholesale and retail business channels.

The magazine cites that companies named to the list have demonstrated an ongoing commitment to using technology and regularly implementing new innovations to produce marked business process improvements. In addition, the magazine evaluates how lenders and servicers are utilizing technology in ways that are exemplary for the rest of the mortgage industry.

Founded in 2007, Venta Financial Group, Inc. operates its retail lending channel under the name of Altera Home Loans for its retail channel and as Venta Wholesale for its wholesale lending channel; both channels are fully automated. Since the company’s founding, it implemented leading technologies to serve as a key component of its infrastructure and foundation for success. The company harnesses technology to make its lending process more efficient, transparent and cost effective.

Venta’s technology is comprised of a number of different leading Web-based solutions that seamlessly integrate with one another to establish ease of employee communications, elevated customer service and company wide efficacy. The lender utilizes an end-to-end platform that completely automates the application process starting at the point-of-sale for loan officers and brokers through underwriting, processing, closing, funding and secondary marketing.

“We are honored to be named to Mortgage Technology magazine’s 2012 Top 25 Tech-Savvy Lenders and Servicers list for the first time ever,” said Jason Madiedo, president and CEO of Venta Financial Group, Inc. “From our inception, we established technology as the backbone to run our organization very efficiently. Our utilization of advanced technologies enables our employees to be more effective at their jobs and we provide our LOs and brokers with robust Web-based tools that help make them more successful. Our commitment to technology has been instrumental in the success we continue to enjoy as an organization and the highly service-oriented and smooth experience we deliver to borrowers.”

About Venta Financial Group, Inc.:
Based in Las Vegas, Nevada, Venta Financial Group, Inc. owns Venta Wholesale and Altera Home Loans, its wholesale and retail channels, respectively. Venta Wholesale opened its doors in August of 2007 and currently has over 150 employees. Venta has loan officers, account executives, multiple DE underwriters, closers, lock desk resources, and more than enough support staff to help close loans on time – every time. Visit the company’s website to learn more www.goventa.com.

About SourceMedia:
SourceMedia provides market information, including news, analysis, and insight, to the financial services and related industries, such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. SourceMedia’s 750,000 worldwide clients and subscribers range from c-level executives to business-unit heads to line managers – from the front office to the middle office to the back office. The company employs more than 1,000 employees worldwide, with its headquarters in New York and offices in Chicago, Washington, D.C., and London (www.sourcemedia.com).

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

NEWS SOURCE: Venta Financial Group, Inc. :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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Mortgage Technology Magazine Names Global DMS Client United Fidelity Funding to its Top 25 Tech-Savvy Lenders and Servicers List

LANSDALE, Pa., Oct. 26, 2012 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of compliant Web-based valuation management software, announced that its client, United Fidelity Funding Corp. (UFF), earned a spot on Mortgage Technology magazine’s 2012 Top 25 Tech-Savvy Lenders and Servicers list. Global DMS’ Web-based appraisal management and valuation solution was cited as a key reason that UFF made the list.

The magazine cites that companies named to the list have demonstrated an ongoing commitment to using technology and regularly implementing new innovations to produce marked business process improvements. In addition, the magazine evaluates how lenders and servicers are utilizing technology in ways that are exemplary for the rest of the mortgage industry.

Founded in 2008, UFF is run by experienced mortgage professionals who understand the value of harnessing technology to make the lending process more efficient, transparent and cost effective. UFF’s technology is comprised of a number of different leading Web-based solutions that seamlessly integrate with one another to establish companywide efficacy. One of these technologies was Global DMS’ comprehensive appraisal management platform.

“Global DMS’ solution set is a key component of our technology stack, and it was definitely instrumental in landing us on Mortgage Technology magazine’s prestigious Top 25 Tech-Savvy Lenders and Servicers list, which we are honored to be included in,” said Kevin Marconi, COO of UFF. “Out of all of our technologies, Global DMS’ eTrac system delivers critical efficiencies that keep us apace of ever-changing compliance regulations, reduce our origination costs, optimize our workflow and mitigate risk. All of our appraisals are efficiently ordered through Global DMS’ eTrac system, which given a regulatory-intensive business landscape, is huge for any lender.”

About United Fidelity Funding:
Founded in 2008 and based in Kansas City, Missouri, United Fidelity Funding Corp. is a national wholesale and retail mortgage banker that uses the latest web-based loan management and decisioning tools to offer its partner network full visibility into the status of loans at any given time in an effort to deliver next-level service. United Fidelity Funding is focused on ensuring it delivers reliable and accurate communication. Paperless loan files, from submission to funding, ensure good, easy communication. This ensures smooth, quick closings. The company offers training on any of its loan programs or its Web-based loan management tools by contacting your account executive. For more information, visit www.uffmortgage.com or call (866) 760-0600.

About Global DMS:
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is the mortgage industry’s preeminent provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company’s solution set is cost effectively delivered on a software-as-service (SaaS) transactional basis that ensures compliance adherence, reduces

costs, increases efficiencies and expedites the entire real estate appraisal process. Notable is that Global DMS has retained 100 percent of its lender clients since its inception. The company’s solutions include its eTrac management platform, eTrac enterprise platform, WebForms, Global Kinex, AVMs and the MISMO Appraisal Review System (MARS). For more information, visit the company’s web site at www.globaldms.com or call (877) 866-2747.

About SourceMedia:
SourceMedia provides market information, including news, analysis, and insight, to the financial services and related industries, such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. SourceMedia’s 750,000 worldwide clients and subscribers range from c-level executives to business-unit heads to line managers – from the front office to the middle office to the back office. The company employs more than 1,000 employees worldwide, with its headquarters in New York and offices in Chicago, Washington, D.C., and London (www.sourcemedia.com).

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

NEWS SOURCE: Global DMS :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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Titan Lenders Corp. MERS Compliance Solution Helps Servicers and MERS Members Meet OCC QA Requirements

DENVER, Colo., Sept. 4, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. has been named a finalist for the coveted 2012 Fix-It Award from Source Media’s Mortgage Technology magazine. Titan Lenders Corp. was nominated based upon its development of MinTrak™ a solution that enables servicers and MERS® Members to meet emerging MERS compliance requirements.

According to Mortgage Technology, “The Fix-It Award recognizes technology that provides an effective solution to a specific industry problem, need, or channel.”

“When the OCC issued consent orders to MERSCORP and to the top servicers last April requiring that they refine and implement Quality Assurance procedures, it transformed the risk environment for all servicers in the mortgage lending industry,” said Titan Lenders Corp. president and founder Mary Kladde. “It just so happened that Titan had a jumpstart on the technology required to meet this new need due to its operational mortgage fulfillment experience and interfaces already in place with MERSCORP technology.”

Titan’s proprietary platform, MinTrak enables servicers and MERS Members to meet emerging MERS compliance requirements designed to ensure that MERS System data is valid and matches Member system data. MinTrak’s reconciliation workflow identifies data variances between these two systems and facilitates discrepancy resolution.

“It is significant to note that never before has the industry required servicers to ensure the data of originators,” Kladde said. “Further, there is a bite to the regulation, per the OCC, in the form of MERSCORP exacting financial penalties against members for non-compliance.”

Based on Titan’s own manual replication of the reconciliation process between Member’s system of record and MERSCORP, the time required to execute manual corrections averages five to seven minutes, notwithstanding any errors found. Without an interface to MERSCORP, the actual manual correction of those errors and tracking of their remediation is cost prohibitive under these time constraints. Additionally, rudimentary servicer solutions create enormous discrepancy reports.

“Consider the discrepancies associated with one simple address element: Street vs. St vs. St. vs. Street,” said Kladde. “And that is just one element of 17 required and 25 conditional fields. Imagine the frustration and lamination of those with large MIN pools using Excel and Access to manage this process.”

According to Kladde, the OCC, in negotiation with MERSCORP’s PPD, has made very important recommendations to manage the implementation of standards and accountability in data integrity from origination through foreclosure, and servicers across the country are taking this very seriously.

“The current regulatory focus is all about data – where it comes from, how it’s used, the level of integrity it retains throughout the origination process, and who ultimately bears responsibility when something goes awry,” Kladde said. “This foreshadows the fact that data integrity and accuracy will continue to be a driving factor in short and long-term risk mitigation, regulatory compliance, and subsequently, profitability in the mortgage business.”

About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) is one of a specialized few providers of mortgage back office fulfillment services, a not-well-understood facet of mortgage lending that includes closing, funding and post closing services. Community banks, credit unions, mortgage bankers and brokers, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.

Titan Lenders Corp.’s patented, proprietary web-based software Cerberyx (CBX) supports a full suite of fulfillment services, including: funding, compliance, closing, post-closing, purchase review for correspondents and warehouse lenders, trailing documents, MERS management, FHA insuring, and document management (imaging).

From its inception, Titan Lenders Corp. has championed the ideals of transparency, data integrity, standardization and risk management as the foundation for responsible mortgage lending. Titan Lenders Corp. firmly believes that a new mortgage paradigm is imminent, and has worked tirelessly to push substantial, yet sustainable, reform within the industry to ensure a more stable securitization marketplace and improve confidence in the mortgage industry.

NEWS SOURCE: Titan Lenders Corp :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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LendingQB Selected as Finalist for Mortgage Technology Magazine’s ‘Release of the Year’ Award

COSTA MESA, Calif., Aug. 20, 2012 (SEND2PRESS NEWSWIRE) — LendingQB, a provider of seamless Web-based mortgage lending technology, has been selected by SourceMedia’s Mortgage Technology magazine as a finalist for its “Release of the Year” award. LendingQB’s innovative engineering of its Web-based end-to-end loan origination system (LOS) – and what it has accomplished for lenders – resulted in the company being named one of the three finalists for the award, which “recognizes a new software, platform, alliance or initiative that’s expected to have the broadest future impact on the mortgage industry.”

LendingQB became a finalist for Release of the Year for its LOS’ ability to seamlessly connect a lender’s entire workflow. The platform is proven to eliminate manual touch points, reduce cost per loan, maximize employee productivity, increase profitability and eradicate unnecessary applications thus cutting technology costs.

LendingQB was originally released in 2003 under the moniker “Lender’s Office.” Over the years, the company and its products have gone through several iterations; in 2004, the company launched its PriceMyLoan automated underwriting and loan pricing engine to much success. The company continued developing Lender’s Office, adding key components until they achieved a single, end-to-end system that seamlessly connects workflows that encompass the entire life cycle of a mortgage loan. Rebranded in late 2011, LendingQB is proud to be considered for the Release of the Year award.

“We’ve finally achieved our goal of presenting a completely seamless, end-to-end system for mortgage lenders,” said Binh Dang, president of LendingQB. “We stayed patient and invested our time, resources and money wisely to ensure that the enhanced platform we brought to market is not only comprehensive, but is very easy for people to use. Our goal is to provide technology solutions that have a real impact on the way mortgage lenders run their business backed by metrics. To be recognized by SourceMedia for our efforts is truly an honor.”

About LendingQB:
LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible. LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit http://www.lendingqb.com/.

About SourceMedia:
SourceMedia owns Mortgage Technology magazine. The company provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. SourceMedia’s 750,000 worldwide clients and subscribers range from c-level executives to business-unit heads to line managers – from the front office to the middle office to the back office. The company employs more than 1,000 employees worldwide, with headquarters in New York and offices in Chicago, Washington, D.C., and London (www.sourcemedia.com).

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

NEWS SOURCE: LendingQB :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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Global DMS Designated a Top 50 Service Provider for the Fourth Consecutive Year

LANSDALE, Pa., Aug. 17, 2012 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of enterprise Web-based appraisal management software, announced that it has been named to Mortgage Technology magazine’s coveted Top 50 Service Providers list for the fourth year in a row.

According to officials at the magazine, in order to make the list companies must excel in four primary categories: the continued advancement of technology and services; have a viable revenue model and value proposition to customers; provide exceptional customer service; and make a unique impact on the mortgage industry. Vendors that make the list must also have a proven track record of success and offer highly innovative, advanced technology to lenders, servicers and other mortgage industry participants.

Over the past year, Global DMS made a number of new technology advancements that were instrumental in the company making the list.

Among them are:
* eTrac A.T.O.M. – launch of Appraisal Tracking On Mobile, a revolutionary mobile application designed for appraisers that allows them to fully manage all of their orders directly from smartphones.

* eTrac WebForms – development of standardized forms that enable the ability to easily produce appraisal reports entirely online, allowing appraisers to be completely mobile and autonomous.

* Workflow Engine – addition of a sophisticated rules engine that seamlessly manages the workflow of Global DMS’ appraisal management offering.

* Global Kinex Integration – integration of Global Kinex to the GSEs’ Uniform Collateral Data Portal® (UCDP®) to seamlessly deliver appraisals.

* MARS Platform – enhancements made to Global DMS’ MISMO-based Appraisal Review System to identify collateral risk, score each appraisal report’s individual risks, report findings, extract the PDF from the MISMO XML file, and automatically and compliantly deliver the necessary data to the GSEs or investors.

* Weekly Updates – the magazine also recognized Global DMS for its ability to continually and efficiently provide weekly updates and enhancements to its suite of applications via its software-as-a-service (SaaS) delivery model.

“Earning a spot on Mortgage Technology magazine’s annual Top 50 Service Providers list for the fourth consecutive year is a testament to our commitment to innovation and continually making advancements with our solution set,” said Vladimir Bien-Aime, president and CEO of Global DMS. “We’ve been growing at an enviable rate, which is the direct result of our leading-edge SaaS-based solutions and excellence in customer support. We are honored to have again been recognized for our progress and achievements in the appraisal management mortgage space.”

About Global DMS:
Founded in 1999 and headquartered in Lansdale, Pennsylvania, Global DMS is the mortgage industry’s preeminent provider of commercial and residential real estate valuation solutions catering to lenders, servicers, AMCs, appraisers and other real estate entities. The company’s solution set is cost effectively delivered on a software-as-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies and expedites the entire real estate appraisal process. Notable is that Global DMS has retained 100 percent of its lender clients since its inception. The company’s solutions include its eTrac management platform, eTrac enterprise platform, WebForms, Global Kinex, AVMs and the MISMO Appraisal Review System (MARS). For more information, visit the company’s web site at http://www.globaldms.com/ or call (877) 866-2747.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com

Global DMS, 1816 West Point, Suite 210, Lansdale, PA 19446; 877.866.2747.

NEWS SOURCE: Global DMS :: This press release was issued on behalf of the news source by Send2Press(R) Newswire, a service of Neotrope(R). View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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LendingQB Signs Twelve New Clients in Second Quarter – More Lenders Adopt its End-to-End LOS Platform

COSTA MESA, Calif., July 25, 2012 (SEND2PRESS NEWSWIRE) — LendingQB, a provider of seamless Web-based mortgage lending technology, announced that it had a banner second quarter, signing twelve new clients, which are either already in production or in the midst of implementation. New clients include mortgage bankers, community banks and credit unions, illustrating the platform’s ability to serve all types of mortgage lending institutions.

Customers that are in production with LendingQB’s end-to-end loan origination system (LOS) report that they have been able to immediately eliminate the need for multiple systems, cut technology costs by up to 50 percent and reduce the cost to originate loans by as much 30 percent. LendingQB has accomplished these goals by emphasizing a seamless workflow that eliminates non-value added activities through automation. Examples of this include automated underwriting, business rule automation and lights-out integrations to select third-party vendors. LendingQB unifies all mortgage lending activities on a single database of record, enabling higher level functions such as rapid generation of management reports and internal communication. The entire platform is Web-based and accessed through a common Web browser, making it highly scalable and extremely efficient to deploy.

“We’re seeing a rapid growth in our pipeline since we introduced LendingQB late last year,” said Binh Dang, president of LendingQB. “There’s a real movement among mortgage lenders to switch their LOS platforms. Dissatisfaction with service and the uncertainty of the longevity of their vendors are part of the reason. But there’s also a real desire for technology advancement; lenders are treating their business in a more sophisticated manner, especially in regards to quality control and business analytics. They want a level of technology sophistication that matches their desire to grow efficiently as the mortgage industry recovers. We’re glad that these new clients recognize the value we bring to their business.”

LendingQB’s platform is comprised of LO, TPO, and consumer direct point-of-sale Web portals for all lending channels; the PriceMyLoan pricing engine and automated underwriting system (AUS); loan processing; electronic documents, closing; secondary marketing; and interim servicing. All functions are incorporated into a seamless workflow.

Another unique difference is that the LendingQB LOS incorporates business intelligence (BI) and data analytics functionality along with detailed reporting that helps lenders locate and translate their data into actionable information, enabling them to make informed business decisions that establishes a competitive advantage and leads to greater profitability.

About LendingQB:
LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible.

LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit http://www.lendingqb.com/ .

CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

News Source: LendingQB :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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Titan Lenders Corp. Reaches 5th Anniversary Serving Mortgage Bankers and Residential Finance Services Providers

DENVER, Colo., July 24, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) is marking the fifth anniversary of its founding. “We launched Titan Lenders Corp. in 2007 in the midst of the mortgage meltdown, and five years later, I am proud that Titan is a growing success story for our industry. Our original vision was to emphasize quality in loan production through process management, standardization, and transparency. Today, that mission has been validated by the overwhelming response of the industry for our services, technology, and expertise,” said Titan founder and President Mary Kladde.

Since 2007, Titan has achieved numerous accomplishments designed to support that core vision. Most recently through the addition of seasoned industry veteran, Debora Aydelotte, to head Titan Risk Management Services (TRMS), a division formed in June 2012 to assess aggregate enterprise level (compliance, fraud, regulatory and credit) risk in the new market landscape.

“Having recently joined Titan Lenders Corp., I am very impressed by what the firm has accomplished during these challenging five years,” said Aydelotte. “Our Risk Management Services have enjoyed enthusiastic responses from the industry. In line with our business growth model, Titan will continue to expand and diversify its capabilities over the coming months.”

In 2008, Titan sensed that market compression would lead to substantive opportunities for community banks and credit unions to capture market share and launched its Mortgage Access Program (MAP) to reduce the risk and expense of providing quality mortgage lending services.

Throughout 2008 and 2009, Titan took a high-profile position on the industry’s liquidity challenges related to the dwindling availability of warehouse lines. In 2009, Flagstar Bank named Titan a preferred provider for its wholesale lending business’s broker-to-banker initiatives.

In 2010, Massachusetts Housing Finance Agency (MassHousing) selected Titan to provide outsourced correspondent purchase review services, an engagement that led to finalist recognition for the 2010 Synergy Award extended by Mortgage Technology magazine. Also in 2010, Titan announced the issuance of U.S. Patent 7,707,153 related to the Cerberyx (CBX) web-based automated workflow platform. The CBX platform supports and makes possible Titan’s full suite of fulfillment services, including: closing, funding, post-closing, purchase review for correspondents and purchasing investors, asset review for warehouse lenders, trailing documents, MERS management, FHA insuring, and document management (imaging).

In 2011, Titan led the industry in developing MERS(R) Quality Assurance services to assist mortgage servicers and sub-servicers in meeting MERSCORP’s new processing and quality assurance requirements. This division offers audit services for the Annual Report and/or a fully MERS(R) interfaced data reconciliation tool to validate and remediate errors within the MERS(R) system.

In 2010 and 2011, Titan recruited a new General Counsel, Mark Ridder and a new CFO, Bill Walsh, to support this meteoric growth. Titan also received its national certification as a Women’s Business Enterprise (WBE) by the Women’s Business Enterprise National Council (WBENC). Titan has been listed among the industry’s Top 50 Service Providers by Mortgage Technology magazine in 2012, 2011 and 2009. Its executives have been frequent contributors to industry media and thought leadership via its contributed articles.

“Titan Lenders Corp. set out to be an agent of change for the industry in 2007, but we had no way of knowing that the tide would turn as radically or as quickly in the direction we had envisioned,” said Titan executive vice president Ruth Lee. “As a career mortgage professional, a policy wonk by instinct and a debater by training, I have found the last five years exhilarating, but that pales in comparison with the rush I’ve experienced in being ‘part of the cure’ versus ‘part of the disease’ in the reformation of the mortgage lending economy.”

About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) is one of a specialized few providers of mortgage back office fulfillment services, a not-well-understood facet of mortgage lending that includes closing, funding and post closing services. Community banks, credit unions, mortgage bankers and brokers, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.

Titan Lenders Corp.’s patented, proprietary web-based software Cerberyx (CBX) supports a full suite of fulfillment services, including: funding, compliance, closing, post-closing, purchase review for correspondents and warehouse lenders, trailing documents, MERS management, FHA insuring, and document management (imaging).

Learn more at: http://www.TitanLendersCorp.com/ .

News Source: Titan Lenders Corp :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com/ .


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IDS Engages Customers in User Group to Suggest Improvements for Mortgage Document Preparation System

SALT LAKE CITY, Utah, July 9, 2012 (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, announced that it has formed an advisory board of IDS customers to solicit feedback on the performance of its flagship mortgage document preparation system, idsDoc, and develop ideas for further development and refinement of the system.

The IDS Super User Group was initially conceived as a forum where IDS clients and partners could give ideas on how to improve the idsDoc platform. Through the group, members will also be able to discuss specific topics such as compliance issues, special features within idsDoc and the overall look and feel of the idsDoc web portal, as well as industry best practices.

“The first priority at IDS is to our users and their needs. We want to provide them with the highest quality system that does exactly what they want it to do,” said IDS Executive Vice President Mark Mackey.

“The Super User Group should have a ‘the sky’s the limit’ mentality when it comes to voicing their wants and needs for the idsDoc system,” Mackey added. “We’re looking to our customers to help define the future of our system. There’s no reason, outside of legal or regulatory requirements, that we can’t make idsDoc do everything that our customers want it to do and more.”

The IDS Super User Group currently has 10 participating organizations – 1st California Funding Group; Churchill Mortgage; Dime Bank; Extraco Mortgage; Farmers State Bank of Madelia; Magna Bank; McGlinchey Stafford Youngblood & Associates LLP; Nail Your Mortgage; ProLender Solutions; and Sentry Credit Union – and hopes to gain more clients over the next year, ultimately creating an IDS User Conference in Salt Lake City where IDS headquarters are located.

“We are happy to be participating in the super user group for IDS. We are very much looking forward to getting some insight, learning and possibly helping with features within the idsDoc software,” said Peter Vassilatos, chief technology and services officer at Nail Your Mortgage and IDS Super User Group member. “This is not only a great opportunity for us at Nail Your Mortgage, but a great way to continue to build our existing relationship with IDS and the IDS team.”

About IDS Inc.:
IDS is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, reverse documents, initial disclosures and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at http://www.idsdoc.com/ or call 800.554.1872.

News Source: International Document Services, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .


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The Compliance Group Selects 20-Year Mortgage Banking Veteran A.J. Jacobson as National Account Executive

SAN MARCOS, Calif., June 28, 2012 (SEND2PRESS NEWSWIRE) — Leading mortgage compliance services provider, The Compliance Group, Inc. (TCG), has added A.J. Jacobson in the role of National Account Executive to serve its growing clientele of mortgage providers, including mortgage bankers, independent mortgage lenders, community banks, and credit unions.

“Career mortgage professionals like A.J. Jacobson understand today’s drive for quality, compliance and accountability in the lending process, making them the heartbeat of our industry’s recovery,” said The Compliance Group founder and president Annemaria Allen. “A.J. Jacobson not only brings a rare and invaluable skill set to our clients, but she also brings a reputation for putting quality first in high volume environments.”

A mortgage professional since 1983, Jacobson’s career was launched with Mortgage Guaranty Insurance Corporation (MGIC), where she developed and managed relationships with 220 southern California mortgage banks, savings and loans, and commercial banks.

Since then, mapping a career focused on mortgage lending and residential finance operations, Jacobson served as Sovereign Bank’s vice president and Western Regional Sales Director for its correspondent business channel, a top performing region that regularly exceeded quarterly benchmarks. Previously, Jacobson was a correspondent manager for Avondale Funding, where she developed bulk and flow purchase of closed residential loans; and ramped up production through successful “submissions to close” client account management and communication of operations’ expectations.

In the early-to-mid 1990s, Jacobson was a pioneering “MortgagePower” Wholesale Account Executive with Citibank before becoming the Wholesale Regional Marketing Manager for Western Federal Savings & Loan/Pamona First Federal, where she grew loyalty and loan volume from a large relationship base of mortgage banker and broker clients by focusing on education and training of underwriting standards.

From 1985 to 1989, Jacobson served in a series of roles with COMPUFUND, where she was National Director, Mortgage Centers; Director of Financial Institution “Affiliates”; Wholesale Production Manager; and Regional Loan Manager.

Most recently, Jacobson joins The Compliance Group from UHS America, where she spearheaded the roll out of its quality control services.

“Its renewed focus on mortgage compliance and quality control creates the most exciting opportunity our industry has seen in decades,” said Jacobson. “For me, the work that The Compliance Group does with its clients is the foundation upon which we will build a vibrant and enduring model for the future of the U.S. housing finance economy.”

About The Compliance Group:
The Compliance Group (TCG) is a leading nationwide financial services risk management organization focused solely on its clients’ compliance success (www.TheComplianceGroup.net). TCG has helped hundreds of financial institutions mitigate risk and losses with its proprietary, patent-pending technology and its core business solutions of Compliance, Quality Control and Licensing. Founded by Annemaria Allen in 2000, TCG has built upon her deeply experienced understanding of compliance and risk management to bring peace of mind to the financial services industry.

TCG’s LicenseTracker® (www.LicenseTracker.net) is a patent pending, web-based application, to help mortgage businesses, branches, and loan originators maintain and track required state and federal agency licensing deadlines and continuing education requirements.

TCG technology is complemented by its experts’ keen attention to delivering results the right way – with integrity, quality, transparency, reliability and customer care. Its appreciation for relationship building allows TCG to assist its clients in understanding the complexity of compliance, developing their strengths in areas of risk while turning compliance and quality control into a profitability strategy.

For more information, contact Annemaria@TheComplianceGroup.net.

News Source: The Compliance Group, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .


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Titan Lenders Corp. Among ’2012 Top 50 Service Providers,’ as Recognized by Mortgage Technology Magazine

DENVER, Colo., June 27, 2012 (SEND2PRESS NEWSWIRE) — Mortgage fulfillment outsource services expert Titan Lenders Corp. (Titan) has been named a “2012 Top 50 Service Provider” for the second consecutive year by SourceMedia’s Mortgage Technology magazine.

According to the magazine’s June issue, the Top 50 Service Providers list recognizes “the technology and service vendors that excel in four categories — continued advancement of technology and services, viable revenue model and value proposition to customers, exceptional customer service and unique impact on the mortgage industry.”

Particular emphasis was placed on Titan’s accomplishments over the period between May 2011 and April 2012. Specifically, Titan was recognized for its addition of several new offerings, including:

* MERS® Quality Assurance procedures data reconciliation and auditing services for MERSCORP® servicer and sub-servicer members;
* Processing, underwriting and escrow services for originators; and
* The expansion of its Whole Loan Purchase Review program to include mortgage investors.

“While the mortgage industry isn’t totally out of the woods yet, we’ve seen tremendous strides made to improve technology over the past year or so, and much of the change that has happened was driven by companies like Titan that have consistently championed standardization and transparency, ” said Titan president Mary Kladde. “The competition for the Top 50 Service Providers gets stiffer every year, and we couldn’t be more thrilled to have been recognized by Mortgage Technology magazine for our efforts.”

About Titan Lenders Corp.:
Titan Lenders Corp. (www.TitanLendersCorp.com) is one of a specialized few providers of mortgage back office fulfillment services, a not-well-understood facet of mortgage lending that includes closing, funding and post closing services. Community banks, credit unions, mortgage bankers and brokers, and warehouse line lenders use outsource providers strategically to minimize compliance risks in a time-sensitive error-averse environment. Fluctuations in mortgage lending volume also lead some mortgage lenders to outsource their entire back office operation and secure predictable “per transaction” pricing rather than maintaining an inflexible static in house staff.

Titan Lenders Corp.’s patented, proprietary web-based software Cerberyx (CBX) supports a full suite of fulfillment services, including: funding, compliance, closing, post-closing, purchase review for correspondents and warehouse lenders, trailing documents, MERS management, FHA insuring, and document management (imaging). CBX’s flexible rules-based architecture allows Titan clients to define field level decision trees, priorities, checklists and process management specific to an investor product variance or a cross-investor climate.

News Source: Titan Lenders Corp :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .


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IDS Named ‘Top 50 Service Provider’ for Second Year by Mortgage Technology Magazine

SALT LAKE CITY, Utah, June 27, 2012 (SEND2PRESS NEWSWIRE) — International Document Services (IDS), a mortgage document preparation vendor, has been listed among the 2012 Top 50 Service Providers, issued by SourceMedia’s Mortgage Technology magazine. This marks the second year in a row IDS has been honored with this distinction.

According to the magazine’s June issue, the Top 50 Service Providers list recognizes “the technology and service vendors that excel in four categories – continued advancement of technology and services, viable revenue model and value proposition to customers, exceptional customer service and unique impact on the mortgage industry.”

Placing particular emphasis on IDS’s accomplishments over the period between May 2011 and April 2012, the magazine noted the follow as the primary reasons for IDS’s selection:

* Various mortgage technology integrations, including the most recent with On The Go Technology’s mobileLO point-of-sale (POS) iPad application;

* Enhancements to idsDoc’s e-sign capabilities that allow borrowers to select loan options and type selected information directly into specific areas of the loan documents; and

* IDS’s deployment of Assistly’s SaaS-based social media customer service platform.

“The caliber of companies named to Mortgage Technology’s Top 50 Service Providers is always high,” said IDS Executive Vice President Mark Mackey. “Our first priority at IDS is to provide our clients with the most sophisticated technology and the absolute best customer service possible. Honors such as these validate our strategy, and we’re truly thankful to have been bestowed with this honor for the second year in a row.”

About IDS Inc.:
IDS is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, reverse documents, initial disclosures and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at http://www.idsdoc.com/ or call 800.554.1872.

News Source: International Document Services, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .


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Quandis Earns Spot on Top 50 Service Providers List for Second Year in a Row

FOOTHILL RANCH, Calif., June 26, 2012 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default management technology solutions, announced that is has been selected as a Top 50 Servicer Provider by Mortgage Technology magazine back-to-back years.

According to officials at the magazine, in order to make the list companies must excel in four primary categories: the continued advancement of technology and services; have a viable revenue model and value proposition to customers; provide exceptional customer service; and make a unique impact on the mortgage industry. Vendors that make the list must also have a proven track of success and offer highly innovative, advanced technology to lenders, servicers and other mortgage industry participants.

“Making Mortgage Technology magazine’s revered Top 50 Service Providers list for the second year in a row is a testament to our developing leading technology that solves an array of problems in the highly fluid default servicing space,” said Scott Stoddard, CEO of Quandis. “We’ve been growing at an enviable rate the past couple of years, which is the direct result of our ability to deploy flexible and configurable SaaS-based solutions and provide excellence in customer support. We are pleased to again be recognized for our progress and achievements in the industry.”

Over the past year, Quandis launched a number of new solutions, enhancements and integrations, including short sale portals, case management system integrations, military search services, vendor module locators, valuation solutions, integrations with various servicing platforms and custom application development.

About Quandis:
Founded in 2003 and headquartered in Foothill Ranch, Calif., Quandis is a default management software provider specializing in Web-based solutions for the lending industry. Quandis’ solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, vendor solutions, as well custom application development. The company’s clients range from lenders to banks, servicers, foreclosure attorneys, GSEs outsourced service providers, and agents and brokers. With over 20 years of experience in developing solutions, Quandis understands the unique requirements necessary to deliver enhanced workflows and business-to-business communications. Quandis was named to Mortgage Technology Top 50 Servicer Provider. For more information, please visit http://www.quandis.com/ or call (949) 525-9000.

About SourceMedia:
SourceMedia owns Mortgage Technology magazine. The company provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. SourceMedia’s 750,000 worldwide clients and subscribers range from c-level executives to business-unit heads to line managers – from the front office to the middle office to the back office. The company employs more than 1,000 employees worldwide, with headquarters in New York and offices in Chicago, Washington, D.C., and London. Info: http://www.sourcemedia.com/.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

News Source: Quandis, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at the Send2Press for Journalists Portal: http://Send2PressNewswire.com .


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LendingQB Releases White Paper to Help Lenders Make Sound Technology Decisions

COSTA MESA, Calif., May 30, 2012 (SEND2PRESS NEWSWIRE) — LendingQB, a provider of seamless mortgage lending technology, announced that it published the availability of a free white paper designed for lenders that are considering replacing their loan origination system (LOS). The paper addresses the challenges lenders face when evaluating mortgage technologies and outlines a strategy to assess their existing technology weaknesses, identifying areas for improvement.

Entitled “The Five Steps to Making Better Technology Decisions,” the white paper recommends conducting an Enterprise Process Assessment (EPA) of lending operations and workflows. According to the paper, all too often lenders buy technology predominantly based on features, failing to perform a critical deep dive analysis of their workflow to effectively model and measure process enhancements using standards and best practices.

The white paper stresses that before buying technology, lenders must establish an objective, well-defined, comprehensive process in order to overcome the many challenges associated with complex technology evaluations. Executing an EPA provides a clear understanding of and roadmap for how to select technology that reduces cost per loan, improves profitability, maximizes employee productivity and decrease the number of manual touch points throughout the workflow.

Key points in the white paper:
* Overview of the mortgage technology challenges lenders face in today’s market;
* Determining the technology lenders really need, avoiding what they don’t need;
* How to arrive at an evaluation readiness checklist;
* Identifying vaporware and avoiding feature buying traps;
* Using metrics to achieve a high ROI;
* The importance of a seamless workflow;
* How to reduce cost per loan and increase profitability.

Interested parties can download the free white paper from LendingQB’s website at www.lendingqb.com.

About LendingQB:
LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible. LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit www.lendingqb.com.

News Source: LendingQB :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


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CCMC Announces Its Next Generation of Loan Boarding Solutions: The Lending-Connector(TM) Product Family

ALTAMONTE SPRINGS, Fla., May 21, 2012 (SEND2PRESS NEWSWIRE) — CCMC Inc., the leading provider of integration solutions for lending systems, announces the availability of its new Lending-Connector™ product family. The cutting edge Lending-Connector™ products are designed to carry loan workflow automation and employee productivity to the next level.

At the core of CCMC technology is a patented data engine, known as the Intelligent Connector Engine (I.C.E)™, which CCMC has invested over 100 man-years in developing. The function of the Intelligent Connector is to move, validate, edit, calculate and count data and/or transactions between enterprise applications, whether on-site or hosted. CCMC utilizes the Intelligent Connector in conjunction with domain expertise and development skills to build specific repeatable solutions for financial institutions. The solutions are provided with professional services as required, installation services and ongoing support.

Going forward, the I.C.E™ platform will allow additional solutions to be delivered in a hosted/SaaS environment, as well as offer extended capabilities such as Analytics, custom reporting and event monitoring/notification to name a few.

The Lending-Connector™ family of products contains three unique loan boarding solutions. These products are the Mortgage Loan Connector, Consumer Loan Connector and Commercial Loan Connector. Each product processes a specific type of loan, allowing for a very focused approach to the loan boarding process. The more focused and complete automation will allow CCMC’s customers to cut their average time of boarding a loan to under 3 minutes, taking loan processors productivity to new heights and vastly improving the number of loans that a financial institution can board each month.

In developing the Lending-Connector™ solutions, CCMC has leveraged the I.C.E™ and built connectors that interconnect, validate and edit data movement between 20+ solution providers of Lending Systems. This allows financial institutions to use any number of best of breed servicing systems, origination systems, automated underwriting systems, pricing engines, analytic systems, etc. without the excessive and costly manual intervention of the past. CCMC’s end user software – i.e., Mortgage Loan Connector – dynamically sends and receives data from any number of these solution end points based on any number of criteria that is contained in one of the end points or based on criteria in the connector itself. In this way, loans are never rejected after being booked to the Host system, since the validation is completed in the I.C.E™ before the data is even sent to the Host.

“This is a natural progression for our workflow solutions,” said Brad Willis, Vice President of Marketing at CCMC. “With our new connector technology, a mortgage loan processor can reduce their work from 60 minutes to less than 3 minutes, allowing financial institutions to provide more cost effective service to their customers.”

The first Mortgage-Connector and the first Consumer-Connector were delivered in April and will be live this month.

About CCMC:
CCMC, Inc. established in 1994, is a professional services and software firm specializing in providing value-added solutions and services to the financial services industry. Our services focus on the integration of disparate systems, as well as data and workflow optimization, to both financial institutions and the major providers of application solutions to the financial services industry. Our partners are some of the best known technology corporations to the banking industry and represent core processing, loan origination, online banking and consulting among others.

For more information, visit http://www.ccmcinc.com or call 407.788.7557.

Editor Note: CCMC stylistic use of trademark acronym for ICE is intentionally presented as I.C.E™ without period on the E.

News Source: CCMC Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


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LendingQB Helps Mortgage Lenders Make Better Technology Decisions

PHOENIX, Ariz., April 23, 2012 (SEND2PRESS NEWSWIRE) — LendingQB, a provider of seamless mortgage lending technology, announced an innovative new service that helps lenders understand and measure the impact of technology on their business, which will be introduced at the MBA Technology Conference and Exposition in Phoenix, Arizona. Known as the Enterprise Process Assessment (EPA), it provides lenders with an extensive breakdown of their operations, workflows and technologies to determine a strategy to reduce cost per loan and optimize enterprise-wide performance. The assessment is provided to interested lenders without any commitment or fees.

The EPA is a holistic, in-depth analysis and discovery of a lender’s unique business workflow that dissects every step of the loan life cycle from the moment an originator engages with a borrower to when the loan is sold on the secondary market. Once the assessment is complete, a detailed report is produced that contains metrics on how to reduce the cost to originate loans by optimizing workflows and operational performance. The EPA report gives lenders keen insight into their business in a way that allows them to understand the degree in which a technology and process improvement plan can impact their performance. Ultimately, the report serves as a invaluable roadmap for lenders to evaluate technology more effectively and develop business strategies by establishing measurable goals.

“If after conducting the EPA, a lender should happen to engage with us, then we’re armed with the necessary information to configure and implement our platform to seamlessly connect their entire workflow,” said Binh Dang, president of LendingQB. “The sole purpose of our technology is to optimize operations, reduce cost per loan and increase employee productivity. But if it is determined that LendingQB isn’t a good fit for the lender, they can still utilize our EPA report internally for areas of improvement or even to evaluate another vendor. We’re completely okay with that. Put simply, the EPA is about the lender, not us and our technology platform.”

The Enterprise Process Assessment is important because it defines who LendingQB is as a company. “To us, we’re not a technology company,” added Dang. “Technology is only a means to an end. Our focus is on solving problems for lenders using technology and business intelligence methods. The EPA provides both us and the lender with a better understanding on how to solve their problems, and at the same time, how to improve our software in ways we didn’t think of before. It’s a mutual learning process that yields immense value for our team and the lender.”

LendingQB will be holding discussions about its EPA offering and seamless lending platform in its suite at the MBA’s Technology Conference and Exposition at the Biltmore Hotel in Phoenix, Arizona.

About LendingQB:
LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible.

LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit http://www.lendingqb.com .

LendingQB, 3080 Bristol Street, Suite 550, Costa Mesa, CA 92626.

Media Contact:
Joe Bowerbank
of Profundity Communications, Inc.
for LendingQB
+1-949-378-9685
jbowerbank@profunditymarketing.com.

News Source: LendingQB :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


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iServe Realizes Significant Productivity Gains and Cost Reductions Using LendingQB Platform

COSTA MESA, Calif., April 11, 2012 (SEND2PRESS NEWSWIRE) — LendingQB, a seamless mortgage lending platform provider, announced that iServe Residential Lending, LLC, a retail mortgage banker, has reported a dramatic increase in employee productivity, slashed technology costs, and reduced costs per loan since implementing LendingQB. iServe selected LendingQB approximately a year ago because it eliminated having to use multiple platforms, databases and integrations.

“We were previously using three different systems that were technically integrated together, but they still had a number of issues,” said Michael Wilson, director of operations at iServe. “The system-to-system communication was poor, integrations often required employees to re-key data, and we had to call three different vendors when we needed technical support. This was hampering our operational performance. We came to the conclusion that we needed to look for a single provider that could efficiently do the job of these three vendors.”

During the diligence process, iServe was provided with the opportunity to test drive the LOS unencumbered from that of a traditional sales-guided demo, allowing the lender to run a loan through the entire LendingQB system from start to finish. Dubbed the “Guest Suite Invitation,” lenders are able to work with the solution in an isolated environment to ensure it meets their specific needs.

“Working successfully in LendingQB’s Guest Suite Invitation empowered us with the insight to ensure the platform would work for us,” said Wilson. “Immediately after implementing LendingQB, we were able to completely eliminate any re-keying of data, realize greater employee productivity via tighter workflows, and work towards being paperless in the same system. This reduces our cost per loan by an estimated 30 percent and optimizes every single area of our lending practice, from origination through secondary marketing and interim servicing. The improved communications and data integrity of being on one platform has substantially improved our operations.”

“We don’t consider ourselves to be just another loan origination system (LOS) vendor that loosely uses the ‘end-to-end’ buzzword,” said Binh Dang, president of LendingQB. “We like to move away from this overused term and instead refer to our platform for what it really is – a seamlessly connected profit optimization system that is focused on the lender’s business first and foremost. The bottom line should be the bottom line. We advise our clients on how to develop their workflows to reduce cost per loan and increase productivity. That’s how we help clients ‘win the lending game’ in ways they never knew were possible. Sure, our platform is end-to-end, but it’s also much more.”

Key to the LendingQB platform:
* 100 percent Web-based platform delivered as SaaS and residing in the cloud environment reduces hard technology costs by 70 percent;
* All-in-one platform eliminates many feeble best-of-breed integrations, lowering cost per loan by 25 – 30 percent;
* Built-in AUS increases pull-through rate by 40 percent or more;
* Seamlessly connected workflows and transparency for all lending functions;
* Single database eliminates the errors associated with the re-keying of data and the system-to-system communication issues often encountered when using multiple platforms;
* Proven to reduce cost per loan, increase productivity and optimize operations;
* Sophisticated analytics that utilizes a lender’s data to drive business intelligence (BI);
* Responsive customer service and development;
* Highly scalable, flexible and configurable.

Notable is that LendingQB was introduced to the marketplace in December of 2011, but select lenders have been successfully using the platform while LendingQB continued to add ancillary functionality in preparation for its formal launch. Clients were instrumental in working closely with LendingQB to perfect the platform as an all-in-one solution that automates the entire lending process. The result was a tested, tried and true 100 percent Web-based platform that seamlessly connects all lending workflows with complete transparency.

About LendingQB:
LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible. LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit http://www.lendingqb.com .

About iServe Residential Lending, LLC:
iServe Residential Lending, LLC is a multi-state residential mortgage banker. iServe Residential Lending, LLC is a U.S. Department of Housing and Urban Development (HUD) approved, Federal Housing Administration (FHA) lender with direct endorsement (DE) authority. iServe originates FNMA/FHLMC conforming, FHA, VA, USDA and Jumbo loans through their retail branch offices. For more information see: http://www.iservelending.com .

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com.

News Source: LendingQB :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


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Quandis Launches New Vendor Module to Connect Clients and Vendors

FOOTHILL RANCH, Calif., April, 5, 2012 (SEND2PRESS NEWSWIRE) — Quandis, Inc., a leading provider of default management mortgage technology solutions, announced it launched a solution that connects mortgage service companies with a nationwide network of real estate vendors. The module provides a centralized Web portal that creates a medium for vendors to list the services and expertise they provide, and for mortgage companies to locate vendors based on their business needs.

Mortgage servicers, lenders, escrow firms, outsourcers and preservation companies have an ongoing need to hire vendors to help complete transactions such as valuations, short sales, inspections and others. Quandis’ Vendor Module allows mortgage companies to gain access to vendors like real estate agents, real estate brokers, appraisers, property inspectors and notaries.

The solution eliminates the laborious process whereby vendors are forced to visit multiple mortgage companies’ Web sites to do business with them. Suitable vendors can be quickly located and once engaged with, vendors can return to the site to monitor the status of orders placed. Vendors are able to list their specific services, expertise, track record, reputation, markets, zip codes served and more.

“In order to efficiently complete real estate transactions associated with servicing processes such as valuations and short sales, mortgage companies must be able to quickly find the best vendors offering services they are looking for in a specific area,” said Scott Stoddard, CEO of Quandis. “Our vendor module works by allowing individual vendors to list their services and specialties in our national database, and provides a medium for organizations to easily search for and engage with them. Often, this is a manual process for both parties, as vendors must add and re-key their information into dozens of different Web sites while organizations in turn must use several different methods by which to locate vendors. Our vendor module eliminates these cumbersome functions for both parties.”

Quandis’ Vendor Module provides a win-win for both the mortgage companies and individual vendors using it. As vendors are able to showcase key information on the site, they are also able to use the service as a gateway to reach more companies to do business. At the same time, mortgage companies are able to make quick, informed decisions on vendors.

Quandis says it continues to add to its network of mortgage service companies and vendors; and, the vendor module will soon be expanding the type of transactions that can be tracked and completed.

About Quandis:
Founded in 2003 and headquartered in Foothill Ranch, California, Quandis is a default management software provider specializing in Web-based solutions for the lending industry. Quandis’ solutions include foreclosure process automation, short sale portals, skip tracing systems, a valuations hub, military search services, bankruptcy status searches, collection solutions, as well custom application development. The company’s clients range from lenders to banks, servicers, foreclosure attorneys, outsourced service providers, and agents and brokers. For more information, please visit http://www.quandis.com or call (949) 525-9000.

MEDIA CONTACT:
Joe Bowerbank
Profundity Communications, Inc.
949.378.9685
jbowerbank@profunditymarketing.com.

News Source: Quandis, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .


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