Courtesy Mortgage Implements Mortgage Builder's LOS into their Linux Environment; Mortgage Builder's Linux Version Improves Courtesy's Efficiency, Productivity and Reliability.SOUTHFIELD, Mich. -- Mortgage Builder Software, Inc., a provider of end-to-end mortgage banking software solutions, announced another Linux installation of its 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 (LOS LOS Length of stay, see there ). Courtesy Mortgage Company, located in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif. rolled out the Linux version of the system to 45 of its loan officers in March. The company has ten years of experience refinancing Refinancing An extension and/or increase in amount of existing debt. homes and processing five different loan programs including sub-prime, conforming, jumbo, alt-a and equity. "The system has exceeded our expectations. Other than for routine maintenance, we have never had to reboot To reload the operating system, which restarts the computer. See boot. (operating system) reboot - (From boot) A boot with the implication that the computer has not been down for long, or that the boot is a bounce intended to clear some state of wedgitude. See warm boot. the system," said Jason Williams Jason Williams can refer to any of the following people:
Mortgage Builder's Linux install allows for greater efficiency, reliability and usability for processing Courtesy Mortgage's loans. The robust system includes point-of-sale, closing and complete back-office functionality including interim servicing. Before adopting Mortgage Builder's system, Courtesy used a Windows(TM)-based server and a separate system to prepare loan documents. The consolidation of the systems to Mortgage Builder's all-inclusive LOS saves time, while decreasing the number of errors due to transferring information between software programs. With fewer errors and more reliability, the Mortgage Builder system has proved easier for Courtesy's loan officers to work with. In its second decade of existence, Linux is developing into a stronger, user-friendlier system. Linux users benefit from the unparalleled security and stability that the operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. offers at a nominal cost. "We are dedicated to providing the best products to our clients," said Keven Smith, president of Mortgage Builder Software. "One of the most popular advantages of Linux is its low cost, as well as its reputation for security and stability that has won over so many new customers. We are glad that Courtesy Mortgage shares our vision of breaking new ground in the mortgage industry through Linux." About Mortgage Builder Software, Inc. Headquartered in Southfield, Mich., Mortgage Builder Software, Inc. has provided high-quality loan origination software (LOS) systems 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, credit unions and financial institutions for more than 25 years. The Mortgage Builder(R) system is an all encompassing Windows(R)-based software package that addresses mortgage banking needs throughout the entire loan process from point-of-sale to closing and all back-office functions. Mortgage Builder Software supports Microsoft(R) and UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). platforms and is the first provider of Linux-based LOS software in the industry. Mortgage Builder Software was named one of the industry's Top 100 technology vendors in 2005 and recognized for its customer service in 2003 by Mortgage Technology Magazine. For more information, visit www.mortgagebuilder.com. |
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