Byte Enterprises Demos ByteOnline at The National Association of Mortgage Brokers -- NAMB -- Convention in New Orleans.Business Editors and Technology Writers NEW ORLEANS--(BUSINESS WIRE)--June 26, 2000 ByteOnline links loan originators such as new customer Qpoint -- to the Web, providing better customer communication and pipeline management Byte Enterprises announced today it is demonstrating ByteOnline(TM) -- the world's first online 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. system -- at NAMB NAMB North American Mission Board NAMB National Association of Mortgage Brokers NAMB National Association of Master Bakers , New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded , Louisiana, June 24 - 27, 2000, at Booth 158. Using technology from NetUPDATE, ByteOnline links loan originators directly to the Web to enable complete customer communication and pipeline management capabilities, integrating all the features and reliability of the company's The Qualifier qual·i·fi·er n. 1. One that qualifies, especially one that has or fulfills all appropriate qualifications, as for a position, office, or task. 2. Series(TM) (TQS TQS Total Quality Service TQS Television Quatre Saison TQS Throttle Quadrant System (gaming) TQS Total Quality Score TQS Total Quality Selling, Inc. ) software. NetUPDATE develops collaborative transaction applications that provide the infrastructure for individual loan originators and mortgage companies to manage the entire loan pipeline more effectively, and to offer a unique style of customer service to their borrowers. Mortgage companies -- such as Qpoint, a leading mortgage franchise headquartered in Bellevue, Wash. -- use ByteOnline to improve their day-to-day business transactions. "ByteOnline allows us to offer customized, user-friendly interaction with our borrowers, simplifying the loan origination process," said Michele Petosa of Qpoint. "ByteOnline helps us handle the loan process quickly and efficiently because we're using the Internet to better manage the transaction." "ByteOnline puts customer service at the forefront, offering loan originators unique Web-based communication tools -- as well as a personalized Home Page See personal portal. for each loan officer where borrowers can apply for a loan," said Dale Eisenhart, president of Byte Enterprises. "ByteOnline also lets originators offer borrowers a 24x7 view of their loan status." New Product Enhancement Includes Realtor Access In addition to connecting loan originators and borrowers on the Web, ByteOnline offers an important new enhancement that includes real estate agents in the communication loop. The product enhancement lets loan originators offer realtors access to loan status on shared accounts, giving realtors a reason to do future business with them. About Qpoint Launched in 1994, Qpoint has 20 offices in the Pacific Northwest and employs more than 300 people. Qpoint has closed some $1 Billion in loan volume in each of the last two years, by leading the market in three critical areas -- technology, marketing and customer service quality. Qpoint uses one of the most sophisticated technology platforms in the mortgage industry to achieve these objectives. Qpoint also credits its success by receiving high marks for customer satisfaction. For more information: 10900 NE 4th Street, Suite 1040, Bellevue, Wash., 98004. Phone: 800/709-4965, Fax: 425/462-4691. About Byte Enterprises, Inc. Byte Enterprises Inc., headquartered in Kenmore, Wash., is the nation's fastest growing provider of loan origination software, serving the mortgage industry since 1985. More than 6,000 companies in the mortgage industry use The Qualifier Series(TM) software from Byte Enterprises, which provides comprehensive mortgage origination, underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. and closing processing to mortgage bankers Mortgage Banker A company, individual or institution that originates, sells and services mortgage loans. Notes: Don't confuse a mortgage banker with a mortgage broker. , brokers and financial institutions nationwide. ByteOnline, Byte Enterprises' online product, links loan originators directly to the Web from TQS to enable unique customer communication and pipeline management capabilities. Byte Enterprises' customers include National City Mortgage, National Bank of Arizona, Commercial Mortgage Corporation of California and NationsBanc Mortgage of South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. . Byte Enterprises is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of NetUPDATE, Inc. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion