Art Silberman joins Chemtov Mortgage Group
Lenders One and Mortgage Builder partner for end-to-end loan originationMortgagePress.comLenders One, Mortgage Builder Software Inc., loan origination software, Luke Pille, Keven Smith Lenders One Mortgage Cooperative, an alliance of mortgage bankers, has teamed with Mortgage Builder Software Inc., a Southfield, Mich.-based provider of loan origination software for the mortgage industry, to offer end-to-end loan functionality for Lenders One members. The partnership will give cooperative members increased productivity and reduced costs by eliminating manual processes as well as having online accessibility to real-time data. "It is important that Lenders One can provide a comprehensive suite of mortgage products to its members that will satisfy their individual needs and ensure added efficiencies, continued growth and success in their communities," said Luke Pille, Lenders One director of national programs. "Mortgage Builder best supports our diversity of lenders in offering compatibility with both retail and wholesale production. The company's 'everything's included' approach offers electronic document management and compliant closing document generation at no extra charge, so Lenders One members can opt to pass the savings onto their borrowers and gain a competitive advantage in their markets." Mortgage Builder's system functionality includes prequalification tools, processing, underwriting, closing, interim servicing, document tracking, secondary marketing, document imaging and more. Lenders One members using Mortgage Builder Software have accessibility to more than 60 interfaces to most third party vendors for services such as flood, title, compliance and mortgage insurance. Mortgage Builder also provides multi-level security and audit controls for online viewing and editing of loan documents, as well as efficient, real-time pipeline management. "Mortgage Builder's total loan origination solution encourages unlimited growth and flexibility for lenders because of its scalable, configurable architecture," said Keven Smith, Mortgage Builder president and CEO. "Partnering with Lenders One allows its membership to ultimately be more profitable with the improved efficiencies and lowered costs available through our end-to-end technology capabilities." Joe Lindau, director of secondary marketing for Howard Hanna Mortgage, a Lenders One member and eight-year Mortgage Builder customer, explained, "Mortgage Builder not only knows software systems, but they also know the mortgage banking business and understand the needs and concerns of lenders. Their employees want to help their customers--they guided our company through improvements that we had yet to explore." Pille added, "Mortgage Builder has the flexibility to tailor its system to match the way each of our lenders does business. Lenders One members have the opportunity to build their product offering, increase their ROI and maintain the superior service for which they are known." For more information, visit www.lendersone.com or www.mortgagebuilder.com.