Fremont Investment & Loan Deploys Gallagher NetOxygen Nationwide.Technology Automates Entire End-to-End Residential Mortgage 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. Process BRENTWOOD, Tenn. -- Gallagher Financial Systems (GFS See Google File System. GFS - Grandfather, Father, Son ), a leading provider of enterprise loan origination system technology, announced that Fremont Investment & Loan has successfully deployed Gallagher NetOxygen to its nationwide network of residential real estate loan production centers. Gallagher NetOxygen is a comprehensive, Web-based point-of-sale and loan origination system providing end-to-end loan processing via an Internet browser See Web browser. . NetOxygen enables lenders to improve efficiencies through dynamic workflow routing and rule-driven, streamlined business processes using smart data. The system is designed to handle every aspect of the lending process for all channels and loan types using a component-based, end-to-end system, allowing for enterprise-wide data access for improved service delivery with reduced operating costs operating costs npl → gastos mpl operacionales . "NetOxygen enables our associates to be more productive and at the same time, deliver better quality service," said David Aldridge, chief information officer at Fremont Investment & Loan. "The solution's scalable architecture provides the flexibility for Fremont to address current needs, and the adaptability for future industry changes. Gallagher has been a true partner since the project's inception." Fremont Investment & Loan and Gallagher are now partnering to implement a B2B Web site See vertical portal. using NetOxygen that will allow brokers to submit loan applications directly into the NetOxygen system. This project will leverage all previously developed pricing, product and other, capabilities to greatly enhance the ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). of NetOxygen. The Web site will provide dynamic scenario and product recommendation capabilities to Fremont's broker network, and enable Fremont to continuously improve the broker experience with NetOxygen's flexible administration tools. "NetOxygen has delivered the rich user experience of a robust Windows application via an Internet browser since 2002, and can be tailored to meet changing business needs and specific technological challenges," said Chris Anderson, president of Gallagher Financial Systems. "Browser delivery of such robust functionality not only eases rollout but also simplifies support for nationwide organizations such as Fremont Investment & Loan." About Fremont Investment & Loan Fremont Investment & Loan is a successful financial services company specializing in, residential and commercial real estate lending nationwide. The company is committed to providing superior financial products and services to its customers and business partners. Fremont is focused on originating residential and commercial real estate loans that are primarily financed through deposit accounts that are insured by the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. (FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). ). Fremont Investment & Loan is a subsidiary of Fremont General Corporation. Fremont General Corporation's common stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "FMT FMT Format FMT Fremont (Fremont, California) FMT FSW (Flight Software) Maintenance Team FMT Flame Maple Top FMT Full Mission Trainer FMT Fissile Material Treaty FMT Filtered Multitone " (NYSE NYSE See: New York Stock Exchange : FMT). About NetOxygen NetOxygen's architecture allows lenders to improve efficiencies via dynamic workflow routing and rule-driven, streamlined business processes. NetOxygen was designed to handle all aspects of the lending process for all channels and loan types using a component-based, end-to-end system, which allows for enterprise-wide data access for improved customer service. Gallagher also provides an off-the-shelf solution that can then be tailored to meet technological and business challenges that arise in an ever-changing industry. For more information, please visit www.netoxygen.com. About Gallagher Financial Systems Founded in 1985, Gallagher Financial Systems is one of the nation's largest residential loan origination systems providers. Headquartered in South Miami, Fla., with its national operations center in Brentwood, Tenn., GFS has more than 150 professionals located throughout the U. S. and abroad. The company provides flexible, scalable, Web services-based loan origination and decisioning solutions for both the mortgage and consumer lending industries. Its product suite includes Gallagher NetOxygen, a Web-based Enterprise Lending Platform (for Internet-enabled technology needs), Enterprise Manager and NetOxygen Studio. For more information about Gallagher or its products visit www.gogallagher.com. |
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