Dexma technology drives BECU mortgage applications up 30%
MINNEAPOLIS - Internet mortgage technology software application service provider Dexma has successfully helped increase Boeing Employees' Credit Union's mortgage applications 30% over a four-month period. Dexma's mortgage technology platform and Fannie Mae's Desktop UnderwriterT product power Prime Alliance Solutions, an Internet-friendly lending solution for credit unions that was founded as an alliance between Dexma and BECU in Nov. 2000. With 270,000 members and $3.3 billion in assets, Seattle, Washington-based BECU is the third largest CU in the U.S. Prime Alliance Solutions says it plans to fully deploy its technology to 30 additional credit unions this year. Prime Alliance is currently developing solutions for Patelco CU, San Francisco; Vandenberg FCU, Lompoc, Calif.; and America First CU, Riverdale, Utah.