MEQUON, Wis. -- The Mortgagebot consumer-direct, Web-based loanorigination system will now be offered to current and prospectiveclients of Open Solutions Inc., the companies said.
The Wisconsin company's solution said its consumer-direct systemis already in place at more than 750 lenders, including nearly halfof the country's 100 largest credit unions and savings institutionsand one third of the 100 largest commercial banks.
Nearly 50 Open Solutions clients already run the MortgagebotPowerSite online lending Web site, the Connecticut-based coreprocessor said.
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