Applied Business Software Inc. (ABS), developer of The Mortgage Office, loan servicing software solution for the lending industry, and FIS Valuation Solutions, a Fidelity National Information Services Company and provider of collateral risk and valuation services, have formed a strategic partnership to provide full product integration between The Mortgage Office and the services provided by FIS.
This new free module of The Mortgage Office provides a seamless interface between ABS' Loan Servicing module and FIS products. With a simple click of a button, users can now receive and automatically store as an attachment to the property file the most accurate valuation reports available in the industry today, according to the companies.
Until now, automated, integrated systems such as these have only been available to large banks and national servicers, allowing them to take advantage of the latest technologies and reducing their costs dramatically, the firms note. Now users of The Mortgage Office can enjoy the same capabilities and functions.
