MORTGAGE TECHNOLOGY MAGAZINE NAMES VUECENTRIC, INC. AS ONE OF THE TOP EMERGING MORTGAGE INDUSTRY VENDORS

Mortgage Technology magazine has named VueCentric, Inc., an Austin based financial services technology company, as one of the “fastest growing and most exciting companies in the mortgage technology space”. The magazine announced their choices of the top 100 technology vendors of the year in their annual awards issue entitled “The Best of the Best”.

VueCentric, Inc. was one of fifteen companies highlighted in a special feature on emerging vendors. “Our recent search for the top technology vendors indicates these firms are poised for greatness. These are the companies that we think will do great things in the near future. They’re the ones we think you should watch”, the magazine's editors stated in their November/December 2003 edition. It was released at the Annual Convention of the Mortgage Bankers Association of America in San Diego.
VueCentric has developed MortgageDashboard™, an easy to use web-based application for the mortgage industry. The magazine reports that “according to VueCentric, Inc., it’s not so much the customer relationship that needs to be managed as much as it is the institution’s financial relationship. Hence, the company’s WebOrchestra Financial Relationship Management platform. That tool and VueCentric’s MortgageDashboard solution are intended to enable mortgage lenders and loan officers to rapidly process residential loan applications and reduce inefficiencies and delays.”

The VueCentric WebOrchestra platform offers a flexible, easy to use, real-time, secure and high-performance solution. The platform is developed with the goal of providing support for straight through processing of electronic Mortgage documents. Based on the Mortgage Industry Standards Maintenance Organization's (MISMO) data standards and eMortgage guidelines, WebOrchestra provides a state-of-art platform that competes with the best in the industry. In the magazine story the platform is praised as “based on industrial strength technologies on .NET frameworks, including ASPX, C#, SQL Server 2000, SSL and dynamic load balancing.”

The article concludes that VueCentric’s MortgageDashboard “enables loan officers to complete residential loan applications and provide immediate response to the borrower with matching loan programs and then process the loan accordingly”.