The mortgage banking and securities industry is facing extraordinary challenges
Sacramento, CA (PRWEB) September 23, 2008
Access Business Technologies, the leading hosting and managed services provider in the finance and mortgage industry, announced today the release of it's PowerCore Due Diligence Application, a loan pool validation and analysis expert system.
PowerCore Due Diligence provides flexible workflow processes and business rules to help companies thoroughly inspect loan pools for quality and accuracy. Widely considered a mortgage "expert system", PowerCore Due Diligence contains pre-established criteria and thresholds that accelerates implementation and the due diligence process. In addition, PowerCore Due Diligence integrates with popular compliance systems to include state and federal compliance issues in the decisioning process.
"We have worked with top servicing and securitization firms to make PowerCore Due Diligence a robust mortgage pool validation and analysis application" stated Justin Kirsch, President of Access Business Technologies, "This expert system will accelerate the due diligence process significantly due to it's inherent workflow and business rules. Also, our integration to third-party compliance, fraud and valuation systems will make PowerCore Due Diligence a central decisioning tool based on every facet of the loan."
The PowerCore Due Diligence application is provided as an ASP product and is available immediately. Licensed software instances are also available.
"The mortgage banking and securities industry is facing extraordinary challenges" said Kirsch. "Our release of PowerCore Due Diligence in addition to our strong line of hosted and managed products will position our customers to weather the current conditions while readying themselves for the eventual market improvement."
Access Business Technologies is the leading provider of hosting and managed services, integration, reporting and professional services for the mortgage and finance industry. Through our products and services, ABT offers a full range of on-demand, robust solutions designed to simplify, streamline and improve our customer's business. ABT's managed and hosted solutions are all made available real-time via the Internet using stringent SAS70 type II-audited security technologies.
ABT's philosophy is to provide a vendor-neutral approach to help our clients leverage existing and new software solutions that are best in class for their unique environment. ABT provides SAS70 Type II hosting environments for those solutions to ensure enterprise-level security, redundancy, high availability, disaster recovery and business resumption capabilities. For more information, please visit mortgage due diligence or call (800) 530-8054.
Copyright 2008 Access Business Technologies. All rights reserved. Access Business Technologies, ABT and the ABT logo are trademarks of Access Business Technologies. Other company and / or product names may be registered trademarks or trademarks of their respective companies.
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