|By PR Newswire||
|August 26, 2014 08:01 AM EDT||
Bank Chose Web-based Solution for Balance of Efficiency, Effectiveness and Ease-of-Use
LAKE MARY, FL, Aug. 26, 2014 /PRNewswire/ - DH Corporation (TSX: DH) ("D+H" or "Company") today announced that Bank Mutual, the largest bank based in Milwaukee, Wis., has selected its Mortgagebot® end-to-end mortgage loan origination platform, which includes MortgagebotLOS™, the all-in-one loan origination system, and MortgagebotPOS™ for taking applications through every point-of-sale channel.
Although Bank Mutual had been using an automated, customized loan processing solution for years, fast-moving changes in compliance and regulations were proving how inefficient and cumbersome it had become. Rather than accepting the limitations of its old system, Bank Mutual decided to replace its current technology with an end-to-end solution that offers the very latest in accessibility, efficiency, compliance and security.
Leading the search was Dan Mekemson, a long-time veteran of the mortgage industry and senior vice president and director of mortgage lending. "Our key driver was to select a system that promoted more effective and efficient customer service. D+H's Mortgagebot solution offers the full front-to-back, integrated system we were looking for; in addition to customer service, its reputation for uptime and client focus is outstanding within the industry."
Mekemson is also a fan of the SaaS model. "Using antiquated systems or developing your own LOS can be a risk. It might not work, and keeping pace with the implementation of new rules is a real challenge. By using a SaaS provider, you diminish this risk. The work is done for you, and D+H has a great reputation for professional results and knowledge of the industry," continued Mekemsom.
In addition, Mekemson was pleased to find that a feature-rich solution like Mortgagebot provides a financially reasonable alternative to the competition. Not only were start-up and usage costs attractive, but its seamless integration between application, origination and processing steps reduce the chance for input errors, make sharing of documentation effortless, and keep the lines of communication flowing between loan officers and customers - which is critical in the highly competitive mortgage industry. "It's a 24/7 world, and our loan officers are in touch at all times. Now they can service customers in person and remotely," said Mekemson.
"We are pleased to add Bank Mutual to the growing list of financial institutions that have embraced the Mortgagebot platform to support their entire origination lifecycle," said Scott Hansen, senior vice president of marketing, D+H. "By choosing to adopt the entire Mortgagebot solution, Bank Mutual will be well-positioned to provide its customers with the best mortgage lending experience possible."
D+H is a leading provider of secure and reliable technology solutions to domestic and global financial institutions with a reputation for being a trusted partner that helps clients build deeper, more profitable relationships with their customers based on rich industry and market insight, and consumer knowledge. Today, approximately 7,000 banks, specialty lenders, community banks and credit unions rely on D+H to deliver solutions across three broad service areas: Banking Technology Solutions, Lending Solutions, and Payments Solutions. Our integrated, compliant technology solutions enable clients to grow, compete, and optimize their operations, while our forward looking approach helps them stay ahead of the market and anticipate changing consumer needs. D+H is one of the world's top FinTech companies as measured on the FinTech 100 list.
DH Corporation is listed on the Toronto Stock Exchange under the symbol DH. Further information can be found at www.dhltd.com and in the disclosure documents filed by DH Corporation with the securities regulatory authorities at www.sedar.com.
SOURCE DH Corporation
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
Mar. 25, 2017 06:15 PM EDT Reads: 2,541
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Mar. 25, 2017 05:15 PM EDT Reads: 1,897
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Mar. 25, 2017 04:00 PM EDT Reads: 465
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
Mar. 25, 2017 04:00 PM EDT Reads: 2,809
Mar. 25, 2017 03:15 PM EDT Reads: 6,418
Mar. 25, 2017 03:00 PM EDT Reads: 2,710
Mar. 25, 2017 01:45 PM EDT Reads: 3,271
Mar. 25, 2017 01:30 PM EDT Reads: 1,679
Mar. 25, 2017 01:15 PM EDT Reads: 2,031
Mar. 25, 2017 12:45 PM EDT Reads: 1,861
Mar. 25, 2017 12:45 PM EDT Reads: 3,468
Mar. 25, 2017 12:45 PM EDT Reads: 1,658
Mar. 25, 2017 12:30 PM EDT Reads: 1,790
Mar. 25, 2017 12:30 PM EDT Reads: 5,051
Mar. 25, 2017 12:30 PM EDT Reads: 1,157