TORONTO, May 11 /CNW/ - Davis + Henderson, a leading provider of technology solutions for mortgage and retail lending, small business lending, commercial lending and equipment finance in Canada and the U.S., announced today the release of the latest generation of its Filogix FXLink(R) technology. FXLink provides connectivity between mortgage brokers and lenders and this latest release significantly streamlines the mortgage origination and underwriting process by improving the way data is transferred and updated within Davis + Henderson's Filogix mortgage solutions.
Lenders upgrading their solutions and/or connectivity will immediately realize the associated benefits from increased underwriting automation, improved reporting abilities, great advances in data integrity, and an enhanced ability to communicate deal and condition statuses with Brokers through the technology.
"A concerted effort has been made to improve the experience our clients have when using our solutions, and part of this required a substantial upgrade to our connectivity infrastructure, which has now been completed" said Greg McIntosh, EVP Credit Solutions for Davis + Henderson. "Those Lenders that make the move to upgrade their solutions, will not only see improved internal efficiencies, but be better able to serve their Broker clients by accelerating and simplifying the complex dialogue needed to complete the mortgage decisioning process."
Brokers using the current release of Filogix Expert(R) will immediately reap the benefits of a Lender upgrade.
About Davis + Henderson:
Founded in 1875, Davis + Henderson provides innovative programs, technology products, and technology based business services to customers in the financial services industry who offer deposit, lending, insurance and wealth management products to consumers and businesses.
For more information about Davis + Henderson and our comprehensive set of credit lifecycle management solutions, please visit www.dhltd.com.
SOURCE DH Corporation
For further information: For further information: Greg McIntosh, EVP, Credit Solutions of Davis + Henderson, Limited Partnership, (416) 360-1777