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November 16, 2007
IBM Mortgage Unit Accelerates Market Presence
IBM Lender Business Process Services, Inc., a wholly owned subsidiary of IBM specializing in mortgage origination services, announced today that it was recently approved by the U.S. Department of Housing and Urban Development to conduct mortgage origination services for federally insured Federal Housing Administration (FHA) loans. It has also obtained regulatory approvals and licenses to provide these services in the vast majority of states, and intends to complete the state licensing process by the end of this year.
Posted by S. Germain at November 16, 2007 08:20 AM