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Allied Home Mortgage Capital Corporation Named to Mortgage Technology Magazine's Top 25 Tech-Savvy Lending Firms.


Business Editors

HOUSTON--(BUSINESS WIRE)--Aug. 4, 2003

Allied Home Mortgage Capital Corporation (AHMCC AHMCC Allied Home Mortgage Capital Corporation ) has been named one of Mortgage Technology Magazine's Top 25 Tech-Savvy Lending Firms in its August/September issue.

The industry publication compiled its annual list by reviewing online lending volume surveys and by looking at its past stories and other sources to see which lenders have used technology to their best advantage in lowering costs, increasing efficiency and improving customer service.

AHMCC was noted for using technology to make sure its 700-plus branches operate in strict compliance, for its LOAN EZ portal network, the use of BlitzDocs imaging for paperless loan processing and for integrating access to MGIC's eMagic Emagic was a music software and hardware company based in Rellingen, Germany. On July 1, 2002 Emagic was bought by Apple Computer. Emagic's Windows-based product offerings were discontinued on September 30, 2002.

The company is best known for its music sequencer, Logic.
 system.

"We've always made it a priority to use technology that will help us better serve our clients," Ron Litt, Sr. Vice President of Technology, said. "To be recognized as one of the best in the industry by a peer publication is certainly an honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft.  and echoes the types of compliments com·pli·ment  
n.
1. An expression of praise, admiration, or congratulation.

2. A formal act of civility, courtesy, or respect.

3.
 we've received from the field."

Mortgage Technology is the only publication devoted exclusively to the coverage of technology in the mortgage industry. The Thompson Thompson, city, Canada
Thompson, city (1991 pop. 14,977), central Man., Canada, on the Burntwood River. A mining town, it developed after large nickel deposits were discovered in the area in 1956.
 Media magazine has a total circulation of 13,788 with a high percentage of "pass-along" readers and reference cataloging by its subscribers.

About Allied:

Founded in 1991, AHMCC is the largest privately held mortgage banker/broker in the U.S., with more than 700 offices in 49 states, Guam and the Virgin Islands. It offers a wide variety of mortgage products and services from over 800 lenders.

Allied is a preferred lender on Military.com (the largest military Web site on the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
) and the exclusive mortgage lender for Carleton Sheets. Last year the company funded over $12 billion dollars in loans, including more than $1 billion in the month of October, and was named the #1 mortgage brokerage firm by Broker magazine.

For more information about the company, visit Allied's Web sites at www.branchasap.com, www.mortgageasap.com and its new Spanish language Spanish language, member of the Romance group of the Italic subfamily of the Indo-European family of languages (see Romance languages). The official language of Spain and 19 Latin American nations, Spanish is spoken as a first language by about 330 million persons  site, www.prestamopronto.net.
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Publication:Business Wire
Date:Aug 4, 2003
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