Blueberry Systems launches remotely hosted loan platform solution – NMP Skip to main content

Blueberry Systems launches remotely hosted loan platform solution

Mar 22, 2010

Blueberry Systems LLC has announced the introduction of its remotely hosted loan platform solution, RELAYRemote. By offering RELAY as software-as-a-service (SaaS), Blueberry Systems offers lower upfront costs, fewer IT resource requirements, remote user access and rapid implementation. “We are excited about the additional flexibility provided to our customers,” said Blueberry Systems President Lloyd Booth. “This not only presents a great option for those lenders interested in shoring up their data quality and compliance, but makes our unique solution accessible to more lenders, community banks, and credit unions than ever before.” Launched in 2008, RELAY is a highly-flexible, fully-customizable loan production platform that enables lenders to seamlessly and easily integrate disparate technology solutions. RELAY ensures data integrity and compliance throughout the mortgage process through the use of a universal data model, which includes an unlimited number of editable fields in its dataset. Meanwhile, the proprietary Conductor technology makes one system or application native to another under a robust data audit framework. Together, RELAY’s technology and data management model drastically reduce investor re-pricing and buybacks. RELAYRemote is immediately available to any user with an Internet-enabled workstation. Clients can have their data hosted in a secure, SAS 70 Type II certified data center. “In addition to greater security than standard Web-based solutions, this approach provides considerably improved performance and a richer user experience,” Booth added. Blueberry Systems currently has a hosted demonstration site available by request through its Web site. The demonstration site offers a real-world working environment displaying an accurate representation of both RELAY’s functionality and its performance in the hosted environment. For more information, visit www.BlueberrySystems.com.
About the author
Published
Mar 22, 2010
CFPB Issues AI Underwriting Guidance On Adverse Action Notices

The agency says proprietary and machine-learning models do not relieve lenders of their fair lending and disclosure responsibilities

VantageScore Says 4.0 Model Could Unlock $1 Trillion In Mortgage Originations

New study says VantageScore 4.0 scores five million more creditworthy borrowers than FICO Score 10T, expanding lending opportunities as the industry prepares for the GSE credit score transition

MISMO Updates Mortgage Insurance Standards To Support FICO 10T, VantageScore 4.0

New implementation guide standardizes mortgage insurance data exchange, helping lenders, insurers and technology providers prepare systems for newer credit scoring models

Congress Weighs New Roadmap To End Fannie, Freddie Conservatorship

Rep. Scott Fitzgerald's three-bill housing package would establish a statutory framework for releasing the GSEs while expanding construction lending and easing some TRID compliance requirements

CHLA Backs Bank Capital Proposal, Questions Impact On Mortgage Lending

Trade group supports lower mortgage risk weights but says broader market forces — not capital rules — drove banks' retreat from the market

Senate Passes 21st Century ROAD To Housing Act In 85-5 Vote

Sweeping housing package heads back to House after Senate clears final version with broad bipartisan support