IBM Offering Origination Services

BrokerUnivers reports

IBM Offering Origination Services

IBM has formed a new business unit that will specialize in mortgage origination services. IBM Lender Business Process Services Inc. "will enable mortgage lenders to replace the fixed costs associated with typical loan fulfillment operations with a variable cost framework," the company said. Services it will offer include loan application, underwriting, processing, vendor management, document preparation and loan closing, according to IBM.

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