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Mortgage Builder installs Linux-based LOS. (Tech Newz).

MORTGAGE BUILDER SOFTWARE INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
., Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. , has announced the installation of its Mortgage Builder[R] loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 software (LOS) with Mac-Glair Mortgage Corporation. Mac-Clair is running the Mortgage Builder LOS on a Linux 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.
, which is the first installation of its kind in the industry. The Linux operating system is an inexpensive alternative to traditional platforms such as 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).
 and Microsoft[R].

Mortgage Builder's LOS solution is designed to enhance the performance of Mac-Clair's existing Linux system, and installing the software did not require updating the entire LOS platform. The installation of the Mortgage Builder solution enabled Mac-Clair to replace three software systems with one comprehensive system.

Because Linux uses open source code, the initial cost is lower. The opensource model makes Linux code available for collaborative development, debugging and support. There are no seat licenses or usage fees associated with the Linux operating system, and Linux compatibility allows it to run on some of the most inexpensive hardware capable of performing server-class operations. According to industry experts, a mortgage company running 50 workstations connected to a Windows operating system could save more than $69,000 by migrating to the Linux system, Mortgage Builder stated.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

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Publication:Mortgage Banking
Geographic Code:1USA
Date:May 1, 2003
Words:196
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