Market Analysis: Keeping Up With The Times

*Keeping Up With The Times*
**By Tony Garritano**

***With the mortgage industry in such a state of flux, you can’t fall behind. And if you’re an LOS the pressure on you is even greater. That’s why the good LOS companies out there are always looking ahead. For example, Mortgage Builder rolled out its two latest technology updates at its annual User Conference this month to enthusiastic response. The redesigned and improved electronic document management (EDM) solution, Blueprint, adds sophisticated new features to the award-winning Mortgage Builder platform. The refined and enhanced web portal upgrade, called Surveyance for its increased vision and transparent utility, also brings highly developed mobile application capabilities to Mortgage Builder users. Here’s the scoop:

****The over-100 attendees at the annual Mortgage Builder User Conference, held at the Hyatt Regency in Dearborn, Michigan on June 5-7, were also given a sneak peek at the major platform upgrade Mortgage Builder will unveil later this summer at a special press event in New York City. The dramatically improved platform will carry a new name – a first for Mortgage Builder since its original release in 1998. It is designed to increase efficiency, provide seamless transitions for current users of the existing platform, and lower both implementation timeframes and costs for new clients.

****These announcements follow closely on the heels of Mortgage Builder’s acquisition last month of former sister company GCC Servicing Systems. The addition of GCC made Mortgage Builder unique among independent LOS providers in offering fully integrated origination and servicing platforms under a single banner. GCC’s flagship software, G/Serv, will share the upgraded look and feel of Mortgage Builder’s new LOS platform, adding synergy and precision for lenders who also service loans.

****“We wanted to tell our loyal clients about the new platform first at the User Conference,” says Kelli Himebaugh, corporate vice president at Mortgage Builder. “They were impressed with the new Blueprint and Surveyance features, so we knew they’d appreciate an early look at the platform these improvements were designed to complement. Our sponsors, our users, our vendor partners and the Lenders One team were most supportive and enthused,” she says.

****“I don’t think I have ever left a conference feeling as excited as I do about the future and Mortgage Builder’s new technology,” said Kelly Welch, a Mortgage Builder user from Equity Resources, Inc. of Newark, Ohio following the conference.

****The Blueprint and Surveyance features are available now and bring new levels of convenience and utility for Mortgage Builder clients. By virtually eliminating paper from the origination process and providing full support for the mobile devices that are rapidly becoming essential tools for lenders, Mortgage Builder users can perform their jobs regardless of location. “Blueprint and Surveyance are just the latest improvements to the Mortgage Builder environment,” says Himebaugh. “Much more is on the way,” she adds, “and we look forward to playing our part in making the mortgage industry more responsive, more efficient and more productive, both on the origination and servicing sides.”

Tony Garritano

Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at tony@progressinlending.com.