Leading Mortgage Lender

Mortgage Lender - Enhanced Processing System

The Challenge

As a major Mortgage lender grew, its loan processing system couldn’t keep up – limiting its ability to handle increasing loan volumes and introduce new services. For the company to continue its aggressive growth trajectory, it needed a powerful, scalable processing system. To succeed, this complex project needed to be rapidly deployed without any disruption of daily operations. Confidential financial information had to be handled with the highest level of security and without error.

The Solution

The team conducted a gap analysis which compared the new and legacy systems, creating the foundation for a complete implementation plan. The team built a data warehouse, deploying a team of specialists to ensure accurate data conversion and create custom interfaces that the company’s employees could maintain. We launched the new fully functional, high-performance processing system within one year, providing a firm foundation for continued rapid growth.

Results

As a result, we were able to increase their loan processing capacity while keeping full regulatory compliance. Today, the mortgage lender now has the ability to integrate new products and service offerings.