ABA Endorses D+H's MortgagebotLOS™
Endorsement of Mortgagebot® Suite Affirms D+H's Leadership after Both Solutions Achieve TRID Compliance
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 competitive edge."
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