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Software Functionality Revealed in Detail
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 mortgage origination


5 Simple Steps to Choosing a BRMS for a Loan Origination System
Today, 70 to 80 percent of costs for processing loan applications are people-related. From a mortgage company’s perspective, this results in increased costs and

mortgage origination  are people-related. From a mortgage company’s perspective, this results in increased costs and decreased revenues. With ever-changing loan products, enterprises are forced to build or buy new loan origination systems periodically. And to meet these challenges, they’re choosing technology that focuses on solving business problems, not technical problems.

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Documents related to » mortgage origination

Learning from BPM Leaders: Benefits, Prerequisites, and the Impact of Successful BPM Initiatives


Business process management (BPM) software implementations are now moving into the mainstream. Many early adopters are already using BPM to foster business innovation. You can benefit from the knowledge gained by BPM leaders and innovators, and their prerequisites for BPM success. These findings can serve as best-practice guidelines for your BPM initiative, so you can derive maximum value from your BPM investment.

mortgage origination  of scale. Since the mortgage origination process doesn't have an assembly line, there's no conveyor belt carrying a product through the factory, says Jean Schab, functional architect at Pulte. For us, BPM is the logical equivalent of that conveyor belt. It manages this sort of assembly line, this business process, for us. Pulte's cross-functional BPM expectations mirror those of the other IDG survey respondents, who list broad-based processes as their top priorities for BPM initiatives: IT management Read More

How Can You Top 95 Percent Automation Levels in Processing Loan Applications?


At any given time, one in four mortgage providers is looking to upgrade its loan origination system. The reason: its current system provides low rates of automation—including some processing functions that are not automated at all. Using people to process loan applications decreases profitability of a company in several ways, but by automating more processes, profitability can be improved—and the hidden costs eliminated.

mortgage origination  time, one in four mortgage providers is looking to upgrade its loan origination system. The reason: its current system provides low rates of automation—including some processing functions that are not automated at all. Using people to process loan applications decreases profitability of a company in several ways, but by automating more processes, profitability can be improved—and the hidden costs eliminated. Read More

Big Consultancies on a Know-how Shopping Spree


These days, with waning demand for generalist management consulting, some larger global consultancies have been scrambling to acquire more specialist know-how in terms of industry, business process outsourcing (BPO), regional reach, etc. Mergers and acquisitions (M&A) are seen as a growth engine. Most recently, Accenture announced the acquisition of the industrial/embedded software development and services operations of a Hungarian software development and engineering services firm evopro group.

mortgage origination  the top global banks, mortgage conduits, mortgage investors, and independent mortgage originators. The company's services cover both residential and commercial mortgage products, and both individual loans and securitized mortgage pools.   Wipro expects the deal to help it expand in the high-end mortgage BPO segment and complement its existing mortgage solutions business, which has been IT-focused thus far. This acquisition, lo and behold, comes at the heels of Accenture recently buying a majority stake Read More

Demandware Gets Into Mainstream Order Management


Demandware, a cloud commerce solution provider, recently acquired the cloud-based order management solution provider Mainstreet Commerce. See how this acquisition will allow retailers to deliver faster and more rewarding omni-channel consumer experiences. Get the details in P.J.'s blog post.

mortgage origination  Gets Into Mainstream Order Management Demandware , a provider of enterprise cloud commerce solutions, recently announced that it has acquired privately held Mainstreet Commerce , a provider of cloud-based order management solutions. The combination of Demandware’s popular cloud commerce platform (see TEC’s article for more ) and Mainstreet Commerce’s distributed order management (DOM) solution is expected to simplify order orchestration between online and in-store shopping processes. It Read More

Residential Tenancy Is Straightforward-Cloud Tenancy, Not So Much


You have two major options if you're looking for a place to live: own or rent. The pros and cons are fairly straightforward and break down as follows:RentOwnResources(Garage, laundry room, elevator, etc.)SharedNot sharedFeesRent and utilities onlyMortgage, utilities, repairs, maintenance fees, taxes … In a simple world, cloud computing would consist of “renting” everything, and opening

mortgage origination  Rent and utilities only Mortgage, utilities, repairs, maintenance fees, taxes … In a simple world, cloud computing would consist of “renting” everything, and opening an Internet browser to start using the business software you need. But in practice, it's a bit more complicated. Multitenancy, Single-tenancy, and How They’re Combined In practice, you have the option of 1. Sharing both the application and the database with other tenants (multitenancy) 2. Using your own application instance and a Read More

The Executive Buying Guide to Employee Self-service


Employee self-service (ESS) is an online technology that automates workflow, and allows both employees and managers to view and update human resources (HR) and payroll information. It often includes time-off management, and can serve as a central portal for communicating company documents and announcements. ESS disperses routine tasks back to the level of origination--employees and their managers.

mortgage origination  self-service,guide,HR,management Read More

PLM as a Strategic Weapon: An Underlying PlanetPTC Live 2011 Theme - Part 2


Part 1 of this blog series talked about the major (blockbuster of a sort) announcements at PTC’s PlanetPTC Live 2011 annual user conference, which was held in mid-June 2011 in Las Vegas, Nevada, US. These announcements were as follows: General availability (GA) of nine PTC Creo 1.0 design applications. Showcasing the Windchill 10.0 product lifecycle management (PLM) suite. The acquisition

mortgage origination  up like Enron or mortgage backed securities? In any case, in order to outflank  enterprise resource planning (ERP)  systems, quality and sustainability will be additional turf wars. While ERP systems can report on these requirements, fixing quality issues, redesigning products, or evolving supply chains are really pre-ERP tasks and may be better served by PLM systems. PLM as Companies’ Strategic Weapon This leads us into PTC’s attempt to position PLM as a strategic weapon for companies (i.e., as Read More

What Is Interconnect Billing?


When operators interconnect together to send and receive voice and other services, special requirements arise for the billing. Operator to operator interconnect billing, settlements, rate sheets, and charging policies are some of the areas that need special consideration.

mortgage origination  Is Interconnect Billing? Advanced VoIP (Pvt.) Limited (AVPL) is a well known global billing and OSS vendor that offers core-to-edge solutions capable enough to cater billing needs for your business model. It provides scalable and cost effective solutions that add value to your company and reduce overall operating expenses. Source : AdvancedVoIP Resources Related to What Is Interconnect Billing? : Voice over Internet Protocol (VoIP) (Wikipedia) What Is Interconnect Billing? Interconnect Billing is Read More

Six Game Changers about SaaS


For many manufacturers, implementing on-premise enterprise resource planning (ERP) systems involves delays, unexpected costs, and unsatisfying results. But over the last decade, the innovative software-as-a-service (SaaS) delivery model has evolved to let manufacturers move beyond traditional enterprise software. Learn how SaaS solutions can deliver ERP integration, ease of use, and up-to-date functionality.

mortgage origination  Game Changers about SaaS Plex Online utilizes the software as a service (SaaS) model to deliver full-blown manufacturing ERP software functions in an on-demand model. Plex online is a web-based ERP solution, requiring only a web browser to access all of the analysis and management functions of a full-featured manufacturing ERP system, designed to meet the requirements of all departments within a quality-driven manufacturer, shop floor to top floor. No hardware or software installations are required. Read More

Business Intelligence and Identity Recognition-IBM's Entity Analytics


IBM's Entity Analytics Solution (EAS) enables organizations to identify and connect individuals based on collected data and their associated data patterns. EAS is used primarily within governments and the financial and insurance sectors to detect and prevent fraud.

mortgage origination  the submission of forged mortgage applications marked as approved. Bank employees have used this technique to pocket millions of dollars by creating fake customers, changing small amounts of application data on approved forms, and pocketing the money. With the ability to match like forms by collecting and storing every piece of information, financial institutions can raise flags based on recurring data patterns, thereby decreasing the potential for fraud. Balancing Trade-offs Between Security and Privac Read More

The Definitive Guide to Successful Deployment of VoIP and IP Telephony-Chapter 1


As the era of traditional telephony draws to a close, the doors to the next generation in communications open. Chapter 1 of this 4-part e-book discusses electronic human voice communication and its importance in business today. It documents the underlying beliefs, philosophies, and observations of the future of telephony, and provides the basic concepts readers will need to guide them through the rest of the series.

mortgage origination  Definitive Guide to Successful Deployment of VoIP and IP Telephony-Chapter 1 The Definitive Guide to Successful Deployment of VoIP and IP Telephony—Chapter 1 If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. There are many horror stories around VoIP and IP telephony deployment . There are also many successes. PROGNOSIS management and monitoring tools make the difference.Successful VoIP deployment relies on careful planning, Read More

Customer Life Cycle Solutions: Strategic Alliances, Challenges, & User Recommendations


Collaboration between Amdocs and SAS, if truly committed to by both, should make it possible to collect and analyze information stored in these Amdocs' systems, and deliver the conclusions and recommendations to the operator's decision-makers in the form of graphs and practical reports.

mortgage origination  commercial banking, insurance, brokerage, mortgage banking, and so on. Therefore, enterprises should make sure the vendors they are taking into account have the necessary expertise in their industry (possibly even in mini-verticals) to understand the specific business models, workflows, and processes. The vendors should also demonstrate a successful track record with other similar companies in the user company's industry. Read More

Infor ERP SyteLine CRM


Infor CRM for SyteLine is a web-based customer relationship management application that provides sales force automation, marketing, quote, order, and support management. Infor CRM is built specifically for mid-market manufacturers that need to manage the entire customer process from lead origination through order placement and customer service. With tight integrationto SyteLine, CRM provides a connection between front- and back-office. CRM streamlines sales and customer services processes, decreasing the cost of sales and cost to server.  

mortgage origination  ERP SyteLine CRM Infor CRM for SyteLine is a web-based customer relationship management application that provides sales force automation, marketing, quote, order, and support management. Infor CRM is built specifically for mid-market manufacturers that need to manage the entire customer process from lead origination through order placement and customer service. With tight integrationto SyteLine, CRM provides a connection between front- and back-office. CRM streamlines sales and customer services Read More

Global Trade Applications in Global Credit Crunch - Part I


I have done blog posts lately on how some supply chain management (SCM) applications could fare in a down economy. One was about pricing optimization solutions while the other one was about how sourcing and procurement can help enterprises in a down economy. But in the meantime the global credit crunch has dawned with a vengeance. This has not only promoted the economic downturn and recession

mortgage origination  money (i.e., credit lines, mortgage loans, bridge financing). Ordinary people don't understand that with all that economic lubricant now being all but dried up, their lives may likely be very negatively impacted, and quite soon. One small example: if a utility doesn't have access to credit markets to pay its workers, these workers will not come to work, the utility will shut down, and there will be no power in our homes, etc. Meet Joe Black: Global Credit Crunch (or Cash is King) This gloomy scenario Read More