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Mortgagebot Harland Financial Solutions alliance expanded
MEQUON, Wis. (7/9/09)--Mortgagebot and Harland Financial Solutions have extended their alliance to offer the Mortgagebot PowerSite point-of-sale platform to Harland clients. PowerSite handles the mortgage application, pricing and approval process for more than 900 lenders nationwide. It integrates a lender’s consumer-direct mortgage website with every other mortgage point of sale: the branch, call center and loan officers. PowerSite users will continue to have the option to implement automated integration software. This enables the application data collected by PowerSite to be transferred to Harland Financial Solutions’ mortgage automation and loan documentation products--including Interlinq E3 and LaserPro Residential Real Estate Mortgage. The expanded agreement comes as demand increases for mortgage loans. “Historically low rates, combined with a rise in housing affordability due to falling real estate prices yielded a big boost in mortgage activity in first quarter 2009 compared to fourth quarter 2008--a 73% jump,” the companies said in a release. Harland supplies software and services to financial institutions and is a wholly owned subsidiary of Harland Clarke Holdings Corp. Mortgagebot LLC provides integrated port-of-sale solutions for mortgage applications.
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