Endorsement of Mortgagebot® Suite Affirms D+H's Leadership after Both Solutions Achieve TRID
LAKE MARY, FL, Nov. 10, 2015 /CNW/ - DH Corporation (TSX: DH) ("D+H"), a
leading provider of technology solutions to financial institutions
globally, today announced that its MortgagebotLOS™ solution has been endorsed by the American Bankers Association through
its Corporation for American Banking subsidiary.
"We are proud to have the ABA, an organization that represents many
small, mid-sized and regional banks around the country, endorse our
complete mortgage solution suite," said Eric Cummins, senior vice
president and general manager of Lending at D+H. "Many of these
institutions are being challenged by alternative lenders on one side of
the market, and very large financial institutions on the other. Our
solutions enable these banks to compete by delivering the convenient,
fast and compliant experience that today's borrower has come to expect.
We welcome the opportunity to help ABA member banks gain that
MortgagebotLOS is D+H's all-in-one loan origination system that supports retail,
wholesale and correspondent mortgage lending. The suite also includes
MortgagebotPOS™, a point-of-sale solution that is also endorsed by the ABA. To earn the
ABA endorsement, D+H had to undergo a comprehensive due-diligence
process that took into consideration the Company's financial soundness;
management strength; training and support; and customer service. ABA
member banks are eligible to purchase MortgagebotLOS and MortgagebotPOS™ at preferred terms.
"We're glad to endorse the MortgagebotLOS solution and renew our endorsement of MortgagebotPOS," said Bryan Luke, chairman of ABA's Endorsed Solutions Banker Advisory
Council. "Our members appreciate D+H's easy-to-implement, SaaS-based
mortgage lending solutions. The flexible, compliant Mortgagebot
solutions provide a level of confidence that bankers have everything to
support their mortgage lending needs now and in the future." Luke is
also president and COO of Hawaii National Bank in Honolulu.
D+H (TSX: DH) is a leading financial technology provider the world's
financial institutions rely on every day to help them grow and succeed.
Our lending, payments, integrated core and global transaction banking
solutions are trusted by nearly 8,000 banks, specialty lenders,
community banks, credit unions, governments and corporations.
Headquartered in Toronto, Canada, D+H has more than 5,500 employees
worldwide who are passionate about partnering with clients to create
forward-thinking solutions that fit their needs. With annual revenues
well in excess of $1 billion, D+H is recognized as one of the world's
top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward rankings. For more information, visit dh.com.
About American Bankers Association
The American Bankers Association is the voice of the nation's $14
trillion banking industry, which is composed of small, regional and
large banks that together employ more than 2 million people, safeguard
$11 trillion in deposits and extend nearly $8 trillion in loans. Learn
more at aba.com.
About Corporation for American Banking
ABA endorsed solutions help banks make money, save money, diversify
income and improve efficiency. Backed by our comprehensive
due-diligence process, these select solutions are analyzed by industry
experts, field-tested by bankers and meet stringent quality and
customer-service standards. From compliance and insurance to payments
and mortgage lending, you'll find products and services to enhance your
bank's bottom line. Learn more at aba.com/endorsed.
SOURCE DH Corporation
For further information:
Manager, Corporate Communications
416.696.7702 x. 5221