D+H to continue to support applications and lending activities of Canadian residential mortgage lender
TORONTO, Jan. 24, 2013 /CNW/ - Davis + Henderson Corporation (TSX:DH)
announced today that Street Capital Financial Corporation, Canada's 4th largest lender to the mortgage broker market, has extended its
longstanding contract with D+H for mortgage technology solutions .
Under the terms of this new seven-year agreement, Street Capital will
use D+H's Expert system to accept broker-originated mortgage
applications and D+H Express for its mortgage underwriting activities.
"D+H has a proven track record in this industry," said Paul Grewal,
President of Street Capital Financial Corporation. "They have been an
important partner to Street Capital since the beginning, providing us
with mortgage technology and solutions that are significant factors in
our growth in this fast-paced and challenging industry."
"We are pleased to extend our relationship with Street Capital," said
Alfy Louis, EVP Lending Solutions and Product Management at D+H. "We
look forward to continuing to help them better serve their mortgage
customers using our industry-leading products, services, and
D+H is the North American market leader in mortgage technology,
delivering a range of solutions for mortgage origination and
underwriting. D+H solutions offer 24x7 access to ensure that
transactions can be processed in real-time. They also provide for
broker/lender collaboration by automatically transferring mortgage
origination requests into underwriting systems.
"Innovation and customer service are responsible for over a century of
D+H market leadership," added Mr. Louis. "We don't take this position
lightly and we are constantly driven to invest in product development
and infrastructure to continue delivering the best value and innovation
in the industry."
About Street Capital Financial Corporation
Street Capital Financial Corporation is a Canadian owned residential
mortgage lender. Street Capital prides itself on offering a broad
spectrum of mortgages, competitive interest rates and exceptional
customer service. Street Capital is proud to work with mortgage brokers
to help more Canadians find financing solutions for home ownership.
Street Capital is owned by Counsel Corporation which is a financial
services company that is listed on the Toronto Stock Exchange (TSX:
CXS). For more information about Street Capital, visit: www.streetcapital.ca.
Founded in 1875, D+H is a leading solutions provider to the North
American financial services marketplace, providing innovative
technology-based programs, products and business services tailored to
our customers' needs. A deeply rooted tradition of developing and
nurturing valued customer relationships and a broad set of integrated
solutions position D+H for ongoing growth in our chosen markets. In
2012, D+H rose to 35th on the FinTech 100, a ranking of the top
technology providers to the global financial services industry.
For more information about D+H visit www.dhltd.com
SOURCE: Davis + Henderson Corporation
For further information:
Melissa Dinsmore, D+H
Hill+Knowlton Strategies for D+H
Brian Kyle, D+H