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Fiserv Lending Solutions and Mortgagebot(R) Launch Direct Credit Interface.


BROOKFIELD, Wis adv. 1. Certainly; really; indeed.
v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis.
. -- Fiserv Lending Solutions, a unit of Fiserv Inc. (Nasdaq:FISV FISV Fiserv, Inc (stock symbol) ), and Mortgagebot LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 have announced establishment of a direct interface between WebStar, Fiserv's credit reporting platform, and Mortgagebot's online mortgage origination system. With this interface, clients using MortgageBot's PowerSite Pro([R]) will be able to pull credit reports from Fiserv's WebStar platform directly into its system. PowerSite Pro is a Web-based point-of-sale system for professional loan officers.

"Fiserv is pleased to be able to offer this interface to its clients. Fiserv and Mortgagebot have mutual clients, many of whom are anxious to put this interface into immediate use," said Bill Stevens William Henry Stevens (born October 15, 1969) is an American journalist. As of this fall, he will serve as the noon and 6 p.m. anchor at WPVI-TV in Philadelphia, Pennsylvania, demoted from 11 PM. He works alongside Liz Yang. , executive vice president of Fiserv's Credit Information Services See Information Systems.  unit. "Mortgagebot and Fiserv have long enjoyed a partnership that brings integrated, value-added solutions to its clients, and this development adds another dimension to both company's capabilities."

Scott Happ, president of Mortgagebot, added, "We worked closely with our clients to develop PowerSite Pro, a configurable solution loan officers use to conduct tailored loan application interviews. Providing timely credit information is a critical component, and the interface with WebStar means faster, accurate loan processing."

PowerSite Pro's interface with WebStar securely pulls credit report data and prepopulates loan applications, saving time for loan officers and providing faster turnaround for consumers. Mortgagebot's dynamic solution removes obstacles loan officers often encounter in the application process and allow consumers to receive approvals within 15 minutes. PowerSite Pro's interface with Fiserv further expands both companies' abilities to serve the marketplace and addresses immediate needs of mutual present and future clients.

About Mortgagebot

Mortgagebot is the leading provider of Internet-based 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.
 solutions for the mortgage lending industry. A pioneer in the fast-growing online mortgage lending arena, Mortgagebot combines its mortgage banking experience with leading-edge technology to create robust, configurable and affordable Internet solutions for more than 650 mortgage lenders nationwide. Mortgagebot PowerSite is a configurable and completely private-labeled Web-enablement solution that gives lenders the ability to fully leverage their brand and customer relationships. Mortgagebot provides its award-winning technology as an application service. For more information, please visit www.mortgagebot.com.

About Fiserv Inc.

Fiserv Inc. (Nasdaq:FISV), a Fortune 500 company, provides information management systems and services to the financial and health benefits industries. Leading services include transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
, outsourcing, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in  (BPO BPO Business Process Outsourcing
BPO Benevolent & Protective Order (of Elks of the USA)
BPO Benzoyl Peroxide
BPO Business Process Optimization
BPO Broker Price Opinions
BPO Buffalo Philharmonic Orchestra
), software and systems solutions. The company serves more than 17,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services 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.
 industry worldwide in the 2005 and 2004 FinTech 100 surveys. Fiserv Health provides health plan management, pharmacy benefits management and BPO services to the managed care market and self-funded commercial and government employers and health plans. Headquartered in Brookfield, Wis., Fiserv reported more than $4 billion in total revenue for 2005. For more information, please visit www.fiserv.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 2, 2006
Words:482
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