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September 14, 2007

IBM mortgage unit approved for federal loans


IBM Lender Business Process Services Inc., a provider of technology used in the mortgage application process, said Monday it was approved to provide those services on loans insured by the Federal Housing Administration. IBM Lender Business Process Services provides back-office, private-label underwriting, processing, vendor management, document preparation and loan closings on an outsourced basis for mortgage lenders.

Posted by S. Germain at September 14, 2007 08:37 AM

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