ISGN Joins Forces with Tradewinds Doc Prep Company, Inc to Offer Document Prep and Fulfillment Services to the Mortgage Industry
Released on: December 17, 2007, 10:38 pm
Press Release Author: UmaMahesh/UmaMahesh
Industry: Software
Press Release Summary: ISGN technologies Ltd., a leading provider of end-to-end solutions for the U.S. residential mortgage industry, has announced that it has joined forces with Clearwater, Florida-based Tradewinds Mortgage Document Preparation Company Inc. Through this collaboration ISGN expands its current services to include complete back-office functions including quality control, processing, underwriting, document preparation, shipping and warehouse line management services.
Press Release Body: ISGN technologies Ltd., a leading provider of end-to-end solutions for the U.S. residential mortgage industry, has announced that it has joined forces with Clearwater, Florida-based Tradewinds Mortgage Document Preparation Company Inc.
Through this collaboration ISGN expands its current services to include complete back-office functions including quality control, processing, underwriting, document preparation, shipping and warehouse line management services. ISGN recently added offshore outsourcing capabilities through the acquisition of Inuva Info Management Company. Inuva has offices in Florida and Kolkata. With Tradewinds, ISGN will add to its offerings the Tradewinds easy-to-use eDocs proprietary software and their eDocs LOS data import technology. This gives ISGN tremendous potential to enhance its services to the company's origination customers of TMO, MORvision, Diamond and eLO.
With over fifteen years of market experience, Tradewinds has provided the highest quality processing, underwriting, document preparation, post-closing and Warehouse Line Management Fulfillment Services. The company provides pre- and post-closing reviews, loan compliance for state and predatory lending and fraud checks. This, in addition to ISGN's proven technology products, will enable lenders to outsource their back-office functions for end-to-end bundled services for processing and management of mortgage loans.
"This deal is vital for ISGN's strategy and compliments our offshore capability to provide closing and post-closing back-office functions to our customers," said Krishna Srinivasan, chief executive officer, ISGN. "Documentation is key to the mortgage process and with Tradewinds we now have a strong component that ensures compliant document preparation and processing. This, along with our market leading origination and servicing software, provides tremendous competitive advantage to our customers."
Tradewinds provides processing, underwriting, closing, warehouse line management and QC compliance services to the mortgage industry. With the combined go-to-market these processes will now be offered as ISGN Fulfillment Services and will operate 24/7 through ISGN's onshore and offshore model in a paperless environment.
Jan Manning, president of Tradewinds said,"Tradewinds is known to the industry for our experience, compliance and service, and we have just stepped that up to a whole new level by combining our offerings with the ISGN products and services. This combination of technology, service, compliance and international presence is what the banking industry needs to operate successfully and profitably through outsourcing, 24-hour work days, and paperless environments.
Web Site: http://www.isgn.com
Contact Details: 114, Sir Theagaraya Road,T Nagar,Chennai - 600017, India, Office - (91) 44 4393 9393 | 2815 3515.