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Buckingham Mortgage licenses GHR's LOS.

ROCKVILLE, MARYLAND-BASED BUCKING-ham Mortgage Corporation has selected Wayne, Pennsylvania-based GHR GHR Growth Hormone Receptor
GHR Genetics Home Reference
GHR Growth Hormone Releaser
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GHR Gharghur (postal locality, Malta)
GHR Guaranteed Home Rating
 Systems Inc.'s automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 origination Origination

The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property.

Notes:
Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real
, processing and closing solution to streamline Buckingham's loan origination 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.
 process. Buckingham will use GHR's LOS to provide online loan origination, including instant pricing, decisioning, processing and closing.

Lenders that implement GHR's mortgage technology can make it available to all of their users, including loan officers, brokers, call-center representatives, remote users and branch operations. GHR's mortgage platform is leveraged across a lender's organization using a scalable architecture and flexible customization options.

"We are pleased to have been selected to provide Buckingham Mortgage with their next-generation origination system. GHR's automated lending solutions were developed to eliminate manual processes, costly interfaces and multiple paperbased steps in the mortgage origination process," said Cy Brinn, GHR Systems' president. "GHR's integrated origination system will be used by the entire origination, processing and closing team at Buckingham. It will also enable Buckingham's loan officers to upload data via the Internet, providing significant savings and increased capacity by reducing both the time and money spent to originate o·rig·i·nate
v.
1. To bring into being; create.

2. To come into being; start.
 and close each new loan."
COPYRIGHT 2004 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004 Gale, Cengage Learning. All rights reserved.

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Title Annotation:TechNewz; loan origination process
Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1U5MD
Date:Feb 1, 2004
Words:179
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