ICBA Renews D+H's Mortgagebot® Solution Agreement
LAKE MARY, FL, Feb. 9, 2015 /CNW/ - DH Corporation ("D+H") (TSX: DH) today announced that the Independent Community Bankers of America (ICBA) has extended its agreement with D+H to provide its web-based lending platform, Mortgagebot® to ICBA member banks. The agreement designates D+H as a Premier Value Provider under the ICBA SmartLenderSM Program, which is offered as a service to its members, who receive discounted start-up costs and are eligible for preferred pricing.
"We are thrilled to continue to offer ICBA members direct access to proven tools for optimizing their mortgage lending activities," said Scott Hansen, senior vice president of marketing, D+H. "The ICBA's renewal of our relationship demonstrates the value that Mortgagebot continues to deliver to its members through reduced costs, streamlined regulatory requirements and a better borrower experience."
Mortgagebot is an end-to-end application and origination solution used by community banks and other financial institutions to offer borrowers a streamlined online application experience and lenders an automated, compliant loan origination and processing system. It has been offered to ICBA members under the Premier Value Provider agreement since 2005.
"Mortgagebot is a great tool for community banks facing regulatory challenges because of its ability to help lenders accept complete applications and simplify compliance deliverables," said Ron Haynie, executive vice president of ICBA Mortgage. "Ultimately, Mortgagebot has become an integral part of their day-to-day business, and we are pleased to continue our long-term relationship with D+H to bring this solution to our membership."
D+H (TSX: DH) is a leading financial technology provider the world's financial institutions rely on every day to help them grow and succeed. Our lending, payments and enterprise solutions are trusted by nearly 7,000 banks, specialty lenders, community banks, credit unions and governments. Headquartered in Toronto, Canada, D+H has more than 4,000 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues of more than $1 billion, D+H is recognized as one of the world's top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward ranking. For more information, visit dh.com.
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SOURCE DH Corporation