AllRegs: A Summary of Recent Regulatory Changes in the Mortgage Industry

ASC Has the PowerMortgagePress.comAssociated Software Consultants, PowerLender
Associated Software
Consultants (ASC) announced the release of PowerLender,
its new loan origination and processing system, which enables users
to separate business rules from programming.
PowerLender users' customizations are not impacted by upgrades
from ASC, which allow the company to provide customizable loan
origination systems for the cost of a turnkey solution.
ASC is currently converting more than 30 customers of
PowerLender's predecessor, UNI- FORM, to the new system. Since
PowerLender is designed to read and write to UNI-FORM databases,
ASC's customers are able to migrate to PowerLender while keeping
all of their existing loan data and business rules in place. The
system includes several new features, including re-engineered
set-up routines, a customizable Graphical User Interface
screen-builder and a data subset generator. The program also offers
an offline processing mode, which enables remote uploading of loan
data with a secure Internet connection.
For more information, visit www.asconline.com or call (800)
628-4687.