CUNA Mutual and financial technology provider D+H team up for credit union mortgage payment protection insurance product.
Borrowers’ payments will be made in cases of death, disability or involuntary job loss.
Experts say credit unions must focus more on the MRM big picture and less on the software's technology.
Announcement marks first credit union contract for D+H since it rebranded the former Harland Financial Solutions.
Canadian owner to operate UltraData, Mortgagebot and LaserPro under D&H brand but keep product names.
Canadian firm paid $1.2 billion for Harland Financial Solutions, including the UltraData core processing platform.
Company is signaling growth over cuts.
Harland Clarke sells UltraData, LaserPro and MortgageBot, among others, to Canadian company for $1.2 billion.
Credit unions that want to remain competitive in housing finance over the next decade will likely have to confront the issue of how to add technology to their mortgage loan origination systems.
Mortgagebot, a leading provider of Web-based mortgage application software and processes, has been purchased by Davis + Henderson, a Canadian Financial Software firm.