Countrywide Renews Commitment to Dorado ChannelMaster; Dorado ChannelMaster Helps Nation's Top Mortgage Lender Increase Online Visibility for Loan Officers.SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. -- Dorado Corporation, the leader in mission-critical, on-demand solutions for home lending, and Countrywide Home Loans, Inc. a national leader in residential finance, today announced that Countrywide has renewed their product licensing agreement for Dorado ChannelMaster(R) for another three years. Today, ChannelMaster provides Countrywide's network of retail loan officers, branch managers, and loan officers, including their growing roster of joint ventures, with personalized Web sites that are accessible by consumers, real estate professionals, and homebuilders. Over the past year, Countrywide has had tremendous success with the sites, which have improved communication and collaboration, helping Countrywide deliver superior customer service and increase online exposure for loan officers. "We are very pleased with the success of the loan officer Web sites," said Bruce Cornelius, senior vice president of Countrywide Home Loans. "The Dorado solution provides all of the features we need and can be easily enhanced as our needs grow and change. The Dorado team is extremely professional, and their understanding of our industry helped to ensure that our implementation was fast and easy. And now, our loan officers enjoy custom Web sites that make it easy for customers to request loan product and rate information, online." "For any business tool, whether it's a business card, flyer, name tag, etc., the value comes from its use," said Oliver Oliquiano, Countrywide sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → in Hilo, Hawaii Hilo (pronounced IPA: /ˈhiːloʊ/) is a coastal city in the State of Hawaiʻ . "I'm marketing my site in radio and newspaper ads, and I've added it to my business card and my outgoing e-mail signature. I'm getting great exposure, and I share that benefit Countrywide Renews Dorado Commitment Page 2 with various business associates by enabling them to link to my site through the Resources feature." "Realtors(R) love my Web page," added Oliquiano. "They think it looks great, and they find that it's user-friendly. They like the convenience of calculators they can access at their desk. And they tell their customers about it. " Dorado ChannelMaster is a mission-critical, on-demand enterprise software solution for home loan marketing, origination, and processing. ChannelMaster facilitates communication and improves productivity by tightly integrating all participants in the mortgage process--borrowers, brokers, loan officers, and operations personnel--via secure, personalized Web sites. Built on the Dorado .MOR MOR abbr. middle-of-the-road MOR adj abbr (MUS) (= middle-of-the-road) → para el gran público MOR adj abbr (Mus) (= (TM) Web Services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. platform, ChannelMaster leverages industry standards and protocols to make integration with legacy LOS and POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale systems and external services fast to build, easy to maintain, and cost-effective to add. "With Countrywide's reputation for world-class online lending, we are extremely proud that ChannelMaster has lived up to their expectations of a Web-based solution for their retail channel," said Dain Ehring, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Dorado Corporation. "Countrywide's renewal is further proof that Dorado technology is designed for flexibility to help lenders achieve their business goals even as their businesses change and grow. We are delivering on our promise to Countrywide to provide superior solutions and service, and we're thrilled that they have reinforced their commitment to Dorado through this multi-year renewal." About Countrywide Home Loans, Inc. Founded in 1969, Countrywide Financial Countrywide Financial Corporation (NYSE: CFC) is a diversified financial marketing and service holding company engaged primarily in residential mortgage banking and related businesses. Corporation (NYSE NYSE See: New York Stock Exchange :CFC CFC See: Controlled foreign corporation ) is a member of the S&P 500 and Fortune 500. Countrywide, through its subsidiaries, provides mortgage banking and diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services in domestic and international markets. Mortgage banking businesses include loan production and servicing principally through Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells, and services primarily prime-quality loans. The company is headquartered in Calabasas, California Calabasas is a city in Los Angeles County, California, in the western United States. As of the 2000 census, the city population was 23,123. The city was formally incorporated in 1991. and has more than 30,000 employees with over 600 offices. For more information about the company, visit Countrywide's Web site at www.countrywide.com. Countrywide is not affiliated with Dorado Corporation and is not responsible for the products or services provided by Dorado. About Dorado Corporation Dorado Corporation is the leader in mission-critical, on-demand solutions for home lending. Today Dorado's innovative solutions enable more than 125,000 lending professionals to increase efficiency and productivity at the point of sale. The solutions also drive cross-sell/up-sell opportunities by increasing workflow flexibility and simplifying technology integrations for leading lenders such as Chase Manhattan Mortgage Corporation, Citi, Countrywide Home Loans, and Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU. Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association. . www.dorado.com Copyright (C) 2004 Dorado Corporation. All rights reserved. Dorado ChannelMaster and Dorado PriceMaster are registered trademarks of the Dorado Corporation. Dorado, the Dorado logo, Dorado SourceMaster, and Dorado .MOR are trademarks of Dorado Corporation. Other company and/or product names may be trademarks or registered trademarks of their respective companies. |
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