Blueberry Systems LLC, a provider of mortgage technology solutions to the financial services industry, has announced that Pinnacle Mortgage Group, a national mortgage lender with operations in 24 states, has chosen to implement Blueberry Systems’ RELAY loan production platform. RELAY will allow Pinnacle Mortgage Group to integrate its third-party systems and applications into a single workflow, providing a more efficient origination process.
“This is a big step forward for us,” said Pinnacle Mortgage Group Vice President Brian Rindels. “As government regulation and investor scrutiny continue to increase, Blueberry’s innovative approach will be essential to maximizing our bottom line in both good and bad markets.”
RELAY offers a complete loan origination system featuring a universal data model, providing the most accurate data in the industry. In contrast to most systems that present an outdated ‘database of record,’ the universal data model combines the various systems and applications involved in the production process, eliminating data silos and the need for duplicate or staggered data entry. And while most systems only make the most recent loan data available at any given time, RELAY’s universal data model makes available the various states of data as the loan evolves, in real time, and highlights discrepancies. The bottom line is much higher data quality that prevents costly pricing variances and buybacks.
“We are thrilled to partner with a solid, growing company like Pinnacle Mortgage,” said Blueberry Systems Chief Executive Officer Wil Armstrong. “I have long admired their growth strategy and focus on quality. We are looking forward to being a part of Pinnacle’s future success.”
For more information, visit www.BlueberrySystems.com or www.pinnacle-mortgage.com.