GENESIS 2000 MORTGAGE SOFTWARE COMPATIBLE WITH LANTASTIC; Artisoft, Inc. Certifies the Genesis 2000 Loan Processing System.TUCSON, Ariz.--(BUSINESS WIRE)--April 10, 1995--Artisoft, Inc., the world-wide provider of networking solutions for businesses, announced that the Genesis 2000 Loan Processing System has met all of its certification criteria to be compatible with its LANtastic networking 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. . Genesis 2000, Inc. is a Calabasas, California-based provider of mortgage automation software for lending institutions Noun 1. lending institution - a financial institution that makes loans financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in . This certification ensures that the major functionality of the Genesis 2000 Loan Processing System does not encounter any problems running on the LANtastic network in a DOS or Windows(TM) environment. To meet the compatibility standards, the Loan Processing System had to undergo a month-long testing period using software tools developed by Artisoft and the results had to be extensively documented by Genesis 2000. Sunil Padiyar, Vice President of Software Products for Artisoft, Inc., stated, "We realize how critical application compatibility is when choosing a network operating system An operating system that is designed for network use. Normally, it is a complete operating system with file, task and job management; however, with some earlier products, it was a separate component that ran under the OS; for example, LAN Server required OS/2, and LANtastic required DOS. . Artisoft is very pleased to add Genesis 2000 to our certified See certification. compatible list. This helps demonstrate to mortgage brokers and bankers that using the LANtastic network with the Genesis 2000 Loan Processing System is a safe business solution." "Successful mortgage operations rely on the ability to access information that is both timely and accurate," commented Homy hom·y adj. Variant of homey1. homy or esp US homey Adjective [homier, homiest] like a home; pleasant and cosy Adj. 1. Majd, Principal of Genesis 2000, Inc. "Consequently, we must invest the time and money to make sure that the Genesis 2000 Loan Processing System performs to its fullest within the LANtastic network." Artisoft, Inc. is one of the world's leading suppliers of scaleable, cost-effective networking solutions to small and growing businesses. The company offers the award-winning LANtastic network operating system as well as network management, backup and multiplatform connectivity systems. Artisoft maintains 10 international offices and distributes its products in more than 100 countries. The Genesis 2000 Loan Processing System automates the prequalification, origination Origination The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property. Notes: Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real , processing and tracking of conventional and government loans. By typing information into simple screen formats, users can prequalify applicants, calculate payments and print out a complete set of forms and amortization schedules. Other system features include: automatic APR APR See: Annual Percentage Rate calculation, tracking of all verifications, mail merge Printing customized form letters. A common feature of a word processor, it uses a letter and a name and address list. In the letter, Dear A: Thank you for ordering B from our C store..., A, B and C are merge points into which data are inserted from the list. and printing inventory reports. A built-in word processor enables users to create form letters and other custom documents with data integrated from loan documents. Designed as a non-proprietary mortgage automation solution, the Loan Processing System is written in a relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. language and can easily customize to any lending institution's operations. The company will release a Windows version of the Loan Processing System by the end of the second quarter. Genesis 2000, Inc. is a Calabasas, California-based provider of mortgage automation software for lending institutions of all sizes. Founded in 1986 by Fred Myer, Genesis 2000 offers mortgage lenders a variety of user-friendly loan processing and tracking products. Today, the company has 2,500 installations with more than 6,000 users nationwide. For more information about Genesis 2000, Inc. or any of its products, contact Homy Majd, Principal, at 5000 North Parkway Calabasas, Suite 300, Calabasas, CA 91302, or call (800) 882-0504. CONTACT: Artisoft, Inc. Becky McKee, 520/670-7134 or Genesis 2000, Inc. Mr. Homy Majd, 800/882-0504 or William Mills William Mills may refer to:
Chris Gural, 404/264-7203 |
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