Tag: loan origination system
Mortgage Machine Services Offers Source Code to LOS – Loan Origination System
ADDISON, Texas, Feb. 3, 2015 (SEND2PRESS NEWSWIRE) -- Mortgage Machine Services (MMS), a leading provider of enterprise lending solutions, announced it will begin offering the source code to Mortgage Machine(TM), its flagship loan origination system (LOS), to the entire mortgage industry. Previously hosted as a SaaS solution for a select group of mortgage banks, Mortgage Machine is a highly customizable origination platform that supports Retail, Wholesale and Correspondent lending.
United Wholesale Mortgage Unveils New, Feature Rich Loan Origination System for its Mortgage Partners
TROY, Mich., Jan. 26, 2015 (SEND2PRESS NEWSWIRE) -- United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced today that it officially launched a completely new loan origination system (LOS) that is loaded with features and tools for brokers and correspondents. The proprietary technology replaces UWM's previous LOS and offers many benefits for its broker and correspondent partners.
OpenClose, an enterprise-class end-to-end loan origination system, successfully implements QM and ATR Rules
PALM BEACH, Fla. /Florida Newswire/ -- OpenClose, an enterprise-class end-to-end loan origination system provider, today announced that is has implemented the functionality necessary for lenders to adhere to the Consumer Financial Protection Bureau's new Qualified Mortgage (QM) and Ability-to-Replay rules. The company's client base is successfully processing QM loans.
