FOR IMMEDIATE RELEASE
ICBA Mortgage Extends Relationship with Mortgage Technology Leader D+H Mortgagebot
Washington, D.C. (October 7, 2013)—ICBA Mortgage announced today that it has extended its agreement with D+H Mortgagebot, ensuring that community banks will continue to enjoy affordable access to leading mortgage origination technology.
“ICBA Mortgage is delighted to continue its long-term relationship with D+H Mortgagebot,” said Ron Haynie, executive vice president of ICBA Mortgage.
D+H Mortgagebot, an ICBA Mortgage-endorsed vendor since 2005, is a top provider of Web-based (“cloud computing”) lending solutions. The company’s award-winning Mortgagebot Enterprise™ platform enables banks to offer borrowers a superior online application experience and automate the mortgage application process through traditional point-of-sale channels. Enterprise helps community banks simplify compliance, increase mortgage profitability and narrow big lenders’ competitive advantages by creating greater visibility to capture online volume at an affordable cost.
Haynie added that Enterprise is a great solution for community banks facing regulatory challenges because of its immediate, accurate delivery of compliance-ready disclosures.
Shirley Pleiman, assistant vice president at The Peoples Bank Co. in Coldwater, Ohio, said that since her bank became a D+H Mortgagebot customer, the system has improved the completeness of their applications, has greatly reduced documentation exceptions and has become an integral part of their day-to-day business.
“We are thrilled to offer ICBA members direct access to proven tools for leveling the playing field,” said Matt Cotter, senior vice president of marketing at D+H US. “D+H is focused on delivering products our clients need to compete, serve their customers, grow and streamline their businesses—and the Enterprise platform is no exception.”
By participating in the ICBA-D+H Mortgagebot program, ICBA members receive discounted start-up costs and are eligible for preferred pricing. D+H Mortgagebot serves more than 400 ICBA members and is marketed to community banks under the ICBA SmartLender banner.
For more information about the program, visit www.icbamortgage.com or call 888-253-5356.
About ICBA Mortgage
ICBA Mortgage Corporation is a wholly owned subsidiary of the Independent Community Bankers of America, “The Nation’s Voice for Community Banks.” Since 1991, ICBA Mortgage has provided more than 1,000 community banks with equitable access to the secondary mortgage market. The ICBA Mortgage program offers a wide range of long term, fixed and adjustable rate mortgages on primary and second homes, plus investment properties. This broad range of products, including FHA and VA loans, makes it possible for community banks to serve all their customers while attracting new ones.
D+H is a leading provider of secure and reliable technology solutions to North American financial institutions with a reputation for being a trusted partner that helps clients build deeper, more profitable relationships with their customers based on rich industry and market insight, and consumer knowledge.
Today, over 6,200 banks and credit unions across North America rely on D+H to deliver solutions across three broad service areas: Banking and Lending Technology, including core banking, lending and compliance, and channel solutions; Lending Processing Solutions; and Payments Solutions. Our integrated, compliant technology solutions enable clients to grow, compete, and optimize their operations, while our forward looking approach helps them stay ahead of the market and anticipate changing consumer needs.
In 2012, D+H rose to 35th on the FinTech 100, a ranking of the top technology providers to the global financial services industry, and is ranked 24th on the 2013 Branham 300, a listing of the top Canadian ICT companies.
Davis + Henderson Corporation is listed on the Toronto Stock Exchange under the symbol DH. Further information can be found at www.dhltd.com and in the disclosure documents filed by Davis + Henderson Corporation with the securities regulatory authorities at www.sedar.com.