American Mortgage News

Technology provides customized, adaptable, end-to-end mortgage loan process solution

VisiRelease Handled 12 Percent of All Lien Releases Processed in 2006

SAN DIEGO--(BUSINESS WIRE)--Financial Industry Computer Systems, Inc.

Next generation of servicing software enables users to more effectively manage, use loan data

One-Stop Solution Offers Screening and Compliance for Mortgage Loan Industry Notaries

Single system has automated eligibility, pricing and underwriting for the lender’s wholesale, retail and correspondent channels

IRVINE, Calif., February 16, 2007 - Portellus Inc., a leader in business-user driven change-management solutions, announced that Pinnacle Financial Corporation has gone into production with its enterprise rules management (ERM) system in only four months. The solution centralizes Pinnacle Financial’s product eligibility, pricing and automated underwriting into one rules engine, and enables straight-through-processing (STP) of loans for each of its lending channels in 40 locations.

Leading Mortgage Company Streamlines Communications with Presence and Instant Messaging Solution

DENVER & SAN FRANCISCO--(BUSINESS WIRE)--Jabber, Inc. today announced that Bryco Funding, Inc., one of the nation’s leading mortgage lenders specializing in personalized service, quick closings and ultimate lending flexibility, has chosen the Jabber Extensible Communications Platform™ (Jabber XCP™) to facilitate more effective internal communications.

—Accurate & Predictive Scores with More Information Help Lenders Make Faster and More Profitable Decisions—

SANTA ANA, Calif.--(BUSINESS WIRE)--The Collateral Integrity Analysis product that Veros released in October of last year has proven more effective at managing enterprise collateral risk than many in the industry anticipated. The new tool utilizes the latest technology to scan, detect and identify high-risk properties and then provides lenders with easy to use reports and scores with low frequencies of costly false positives. Lenders are finding that the CIA report actually replaces up to four other products that lenders often purchase in an attempt to manage the collateral risk, including the risk of fraud, they face daily.