ASC's PowerSeller Implemented by Opteum Financial Services; Software and Market Analysis Provides Lender with Solution to Be More Profitable.ORLANDO, Fla. -- Associated Software Consultants, Inc. (ASC ASC Ambulatory surgery center, see there ), a provider of loan automation software to the mortgage industry, announced today at the MBA's National Technology Annual Conference and Expo that Paramus, NJ-based Opteum Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , a privately held mortgage investing firm, has implemented ASC's PowerSeller secondary marketing and risk management software. Opteum began using portions of the PowerSeller software in July 2004 and the system became fully operational in Q1 2005. Opteum selected PowerSeller as its secondary marketing system because the company sought a proven solution that would enhance its risk management capabilities. "ASC provides us with both its secondary marketing and risk management software as well as access to qualified mortgage analysts who are knowledgeable about the lending industry and the technological factors that help make us more profitable," said Rick Floyd executive vice president of Opteum. "Using ASC's software and services, we are able to achieve a tighter focus in our risk management and help make Opteum more competitive in the mortgage lending industry." "PowerSeller is a good fit for mortgage lenders like Opteum because it is a solution that manages loan data more effectively, making it easier for its users to take advantage of secondary marketing opportunities that might otherwise be missed," said Greg Crosby, secondary marketing business unit manager. "Using a comprehensive secondary marketing system, lenders can open up new avenues for increased profitability such as meeting mandatory commitments or early delivery requirements The stipulation that requires that an item of materiel must be delivered in the total quantity required by the date required. ." PowerSeller provides lenders with the necessary tools for successful pricing, pipeline data management, builder and master commitment processing, pooling, trade processing, shipping, document tracking, ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. reporting and SFAS SFAS Statement of Financial Accounting Standards SFAS Special Forces Assessment and Selection SFAS Student Financial Aid Services SFAS Sport Fishing Association of Singapore SFAS Safety Features Actuation System SFAS Statewide Fixed Assets System 133/138 reporting, which demonstrates hedging effectiveness in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with generally accepted accounting standards. PowerSeller's most popular modules include: Secondary Manager (secondary marketing system), Risk Manager (pipeline risk management system), Post Closing Manager (document tracking system) and Data Manager (data management system). About Opteum Paramus, NJ-based Opteum Financial Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (Formerly known as Homestar Mortgage Services, LLC), is a national, privately held mortgage investor comprised of Conduit, Wholesale and Retail Divisions. For more information about Opteum, visit the Web site at opteumwholesale.com. About ASC Associated Software Consultants, Inc. (ASC) designs and markets loan automation software for use by mortgage banks, commercial banks, community banks and credit unions. ASC's business strategy focuses on providing software and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services that enable lenders to improve the volume and quality of their business, streamline workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. and reduce costs. The company's lending solutions enhance secondary marketing operations, improve overall profitability and better serve borrowers, investors, real estate brokers, third-party service providers and other constituents. For additional information about ASC, visit the company's Web site at www.asconline.com. |
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