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WinStar Mortgage Partners Renews with Lender Support Systems.

Continues with easy-to-use loan document processing system

POWAY, Calif. -- Lender Support Systems, Inc. (LSSI), a global provider of eMortgage-enabled lending and loan servicing technology solutions, announced that WinStar Mortgage Partners has renewed their annual software agreement and will continue using LSSI's DocWin loan-document creation software.

WinStar Mortgage Partners, based in Plymouth Minn., has been an LSSI customer for three years. The wholesale mortgage lender uses DocWin during the processing of approximately 500 loans they close each month.

"DocWin is well supported by LSSI and integrates easily with our other five systems," said Mike Horihan, senior vice president of secondary marketing for WinStar. "LSSI's demonstrated customer service and rapid response times are critical to our ability to serve our customers."

DocWin helps streamline the loan-closing process for mortgage lenders through a simplified, easy-to-use interface that performs accurate APR, payment, impound analysis and high-cost calculations. Seamless data import capabilities allow the solution to work behind the loan origination system (LOS) for complete automation, only presenting applicable screens for more efficient document management. DocWin offers fully compliant mortgage disclosures for all 50 states, including the Virgin Islands. Automatic data validation streamlines the process for consistently accurate mortgage documents and improves processing productivity. For the protection of the borrower, the software is built with 128-bit encryption and compliance updates to cater to the changes within the industry.

"LSSI works closely with our customer base, such as WinStar Mortgage Partners, to deliver compliant, speedy, and precise document preparation solutions that interface easily with many LOS systems," said Cary Burch, president and CEO of LSSI.

About WinStar Mortgage Partners

WinStar Mortgage Partners, Inc. began as the secondary marketing division of Summit Mortgage Corp., a retail mortgage company founded in 1992. WinStar offered "partnerships" to select mortgage lenders in 1999. The growth led to the formation of WinStar Mortgage Partners as a separate company. Today, WinStar Mortgage Partners, Inc. is a privately owned and capitalized wholesale mortgage lender that specializes in A and Alt-A loan products. The company consists of more than 2,000 mortgage broker-partners, is licensed in 42 states and has production offices across the nation.

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About LSSI

Founded in 1982, Lender Support Systems, Inc. (LSSI), led by mortgage industry veterans, provides a superior suite of eMortgage enabled technology solutions to mortgage lenders (including but not limited to bankers, credit unions, community banks) and service providers as a platform for building more streamlined, cost effective and profitable loan origination services. The company offers a full suite of technology solutions including: compliance services, mortgage closing document preparation software, servicing software, document imaging, data extraction, business process outsourcing solutions and custom software solutions.

For more information, visit
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Publication:Business Wire
Date:Feb 5, 2007
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