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National industry appointments update - 08/02/2006

National Mortgage Professional
Aug 02, 2006

TeraVendo releases free loan origination softwareMortgagePress.comLoan origination software, TeraVendo Inc. TeraVendo Inc. has launched its loan origination software LoanAce, which is available for download at its Web site free of charge. "We did not feel that the profitability of LoanAce should rest on the shoulders of hardworking loan officers," said Jeff Cunio, president of TeraVendo. "That is why we are providing LoanAce at no charge. If we at TeraVendo do our jobs well, providing a quality product ... then profitability will take care of itself." Bellevue, Wash.-based TeraVendo is a software company developing products primarily for loan originators, mortgage brokers and loan officers. For more information, visit
Aug 02, 2006
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