Chase Manhattan Mortgage Corporation Begins Nationwide Rollout of Loansoft WORKS.Business Editors &Banking/Technology Writers BERKELEY, Calif.--(BUSINESS WIRE)--Jan. 24, 2000 Largest U.S. mortgage lender selects Loansoft for retail sales force automation Automating the sales activities within an organization. A comprehensive SFA package provides such functions as contact management, note and information sharing, quick proposal and presentation generation, product configurators, calendars and to-do lists. Chase Manhattan Mortgage Corporation announced that it has started the nationwide rollout of Loansoft WORKS sales force automation system to all of its retail loan officers. The rollout began last week in the Chase Manhattan Mortgage Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. office. Twelve loan officers received two full days of training and were then provided with a new notebook computer A laptop computer that weighs in a range from five to seven pounds. The term originated when laptops were routinely more than 10 pounds, and those that became lighter were placed in a special "notebook" category. In practice, notebook computer and laptop computer are synonymous. equipped with Loansoft WORKS software. Chase expects to complete the rollout of Loansoft WORKS to all 1,200 Chase loan officers by the end of this year. Loansoft WORKS automates the entire sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. for the Chase retail loan officer, including contact management, prequalification, credit, automated underwriting and loan application processes. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Tom Garvey, executive vice president of National Production at Chase Manhattan Mortgage, &uot;Loansoft WORKS provides the sales and marketing tools that allow our loan officers to be more productive in an increasingly competitive marketplace.&uot; For Loansoft, signing Chase Manhattan Mortgage has been a big boost for the Berkeley, Calif.- based company. George Beier, Loansoft's president said, &uot;The timing was perfect. We had been talking to Noun 1. talking to - a lengthy rebuke; "a good lecture was my father's idea of discipline"; "the teacher gave him a talking to" lecture, speech rebuke, reprehension, reprimand, reproof, reproval - an act or expression of criticism and censure; "he had to Chase for years hoping for opportunities to deepen our relationships, and are delighted to be working with Chase. Through clear leadership and objectives, and a top-notch project team, both Chase and Loansoft have met their aggressive objectives.&uot; About Loansoft Berkeley, Calif.-based, Loansoft Inc. is an exclusive provider of sales automation Sales Automation - Sales Force Automation software for the residential mortgage industry, including solutions for retail loan officers, mortgage brokers, telesales call centers, and consumer Internet channels. The company's leading Loansoft WORKS system features contact management, prequalification, product comparison, 1003 and other documentation, credit bureau and automated underwriting interfaces and remote linking capabilities. Founded in 1993 as a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , Loansoft serves more than 25 mortgage lenders representing almost 7,500 software users. For more information on Loansoft, Inc. and its point-of-sale mortgage origination solutions, contact John Caner at (510) 647-1705, email jcaner@loansoft.com, or write to Loansoft, 2930 Shattuck Avenue, Suite 206, Berkeley, CA 94705. Loansoft's Internet site can be viewed at www.loansoft.com. |
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