COSTA MESA, Calif. /California Newswire/ — Today, LendingQB, a provider of end-to-end loan origination software, announced that it has been designated to Mortgage Technology magazine's Top 50 Service provider list for the first time. The company attributes the value that its new loan origination system (LOS) is delivering to lending organizations as a key reason it made this year's Top 50 list.
"Since our official launch of the platform at the end of 2011 we have experienced rapid adoption by lenders looking to upgrade their older LOSs with a solution that is truly browser-based with no software whatsoever to install," said Binh Dang, president of LendingQB. "We're elated that Mortgage Technology magazine has recognized the immense value we deliver to our clients."
According to the magazine, in order to make the list, companies must excel in four primary criteria: drive the continued advancement of technology and services; provide a viable revenue model and value proposition to clients; offer exceptional customer service; and have a unique impact on the mortgage industry.
LendingQB's LOS platform is comprised of retail, wholesale and consumer direct point-of-sale Web portals for all lending channels; a product and pricing engine; proprietary AUS; loan processing; electronic documents, closing; secondary marketing; and interim servicing. The solution is proven to seamlessly connect workflows, eliminate manual touch points and optimize operational performance.
LendingQB's clients report that they have realized a dramatic increase in employee productivity, a decrease in technology maintenance costs, and a reduction in the cost to originate loans. From a support standpoint, LendingQB does the heavy lifting during implementations for clients by configuring the entire LOS for them, whereas many vendors place the onus on the lender.
Costa Mesa, California-based LendingQB is a company that specializes in loan origination technology solutions and services for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail, correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible.
LendingQB uses a consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational performance and lowered cost per loan.
For more information about LendingQB, please call 888-285-3912 or visit http://www.lendingqb.com/ .