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Mortgagebot's New Mortgage-Shopping Web Site Wins 'Best of Show' at Finovate 2007.


Industry Experts, Media Representatives Hail Hail, city, Saudi Arabia
Hail (hä`ēl, hīl), city (1993 pop. 176,757), N central Saudi Arabia. The city grew because of its location on a pilgrimage route from Iraq to Mecca.
 New Web Site That Provides Most Convenient Mortgage-Shopping Experience for Consumers; Enables Local Lenders to Compete Directly with Popular Online Lenders This article may contain original research or unverified claims.

Please help Wikipedia by adding references. See the for details.
This article has been tagged since September 2007.
Online lenders make loans to consumers via computer websites, online.
 for New Mortgage Business

MEQUON, 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.
. -- Mortgage Marvel The original code name for Microsoft Network.  (www.MortgageMarvel.com), the revolutionary new mortgage-shopping Web site from Mortgagebot, was voted "Best of Show" by industry executives and members of the press during the Finovate 2007 Conference in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 on October 2.

Conference attendees cast their votes for the best technology solution among those that were demonstrated at the annual Conference, which highlights new innovations in the banking and financial-services industry. Mortgage Marvel took home "Best of Show" honors along with two other Conference participants (Prosper PROSPER - ["PROSPER: A Language for Specification by Prototyping", J. Leszczylowski, Comp Langs 14(3):165-180 (1989)].  and Mint).

What is Mortgage Marvel?

Mortgage Marvel is a revolutionary new mortgage-shopping Web site that delivers fast and accurate mortgage rate and fee quotes in real time from hundreds of trusted, local lenders from coast to coast. Mortgage Marvel is unique in its ability to offer instant, accurate mortgage quotes without requiring borrowers to reveal personal information. Consumers always get accurate results with Mortgage Marvel, and the site is free from ads and other distractions.

Jim Bruene, Finovate 2007 host and Editor of Netbanker.com, said, "For the first time, U.S. consumers can easily shop and compare the total price for mortgages from competing lenders with Mortgage Marvel. And thanks to the Internet, they can complete an application in less time than it takes to drive to the nearest loan office."

The Finovate 2007 Conference is the first fully demonstration-based conference for the financial-services industry. Held annually in New York City, the conference provides an opportunity for attendees to explore the future of finance in a fast-paced, intimate, and unique way. Mortgage Marvel was one of 20 solutions demonstrated at the event.

Scott Happ, President/CEO of Mortgagebot, said, "It's extremely gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to have Mortgage Marvel honored for excellence by the attendees of Finovate 2007. The Internet is becoming a primary vehicle for consumers to shop for mortgages, and we're convinced that this is a solution whose time has come. We've been carefully developing Mortgage Marvel for a number of years, and we're delighted that it's being recognized by the industry."

About Mortgagebot

Mortgage Marvel is a product of Mortgagebot LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (www.Mortgagebot.com), the Inc. 500 company that leads the mortgage industry in providing Internet-based loan-origination solutions. Mortgagebot combines extensive mortgage experience with leading-edge "software-as-a-service" (SaaS) technology to create robust, scaleable, and affordable mortgage Web sites for more than 700 lenders nationwide. The award-winning PowerSite product family is a fully configurable and completely private-labeled solution set that enables lenders to take mortgage applications over the Internet, through the branch, or from a loan officer's laptop Same as laptop computer.

laptop - portable computer
.

To view a brief video presentation about Mortgage Marvel, visit www.Mortgagebot.com/marvelvideo1.

Mortgage Marvel is a registered trademark of Mortgagebot LLC. Mortgagebot and PowerSite are trademarks of Mortgagebot LLC.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Article Type:Website overview
Date:Oct 15, 2007
Words:483
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