Tag Archives: Software

XBOSoft Provides Timely Software Testing Support for Adra Match’s Unique Accounting Software Architecture

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(PRWEB) October 25, 2008

Bjorn Loe, the CTO of Adra Match, remarked, “We had a quick evaluation of the test project last week and the feedback was very positive!” Bjorn added, “The key to any software application is to have the interface offer the flexibility that will drive fast and accurate results. XBOSoft enables us to achieve these broad-based goals faster than any of our immediate competitors”.

Philip Lew, CEO of XBOSoft, stated, “Our relationship with Norwegian firms has grown by leaps and bounds this year by providing specialized software testing services that deliver better securitization, increased functionality and stability of our clients’ unique applications”.

About XBOSoft:

XBOSoft, Beijing-based with a U.S. management team, is a full-service software testing firm serving both U.S. and European markets. It delivers manual and automated test execution across multiple hardware platforms, languages, operating systems, databases, application servers and client browsers. XBOSoft leverages its XBO1 proprietary automation methodologies to identify bugs early and significantly decrease overall software development lifecycle time, cost and end-user dissatisfaction. The firm’s online client collaboration tools enable clients to securely access their project progress 24/7. XBOSoft offers a unique, low-risk entry to software testing with its limited engagement Quick Release program, one of the company’s fastest growing products.

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More Securitization Press Releases

Iron Mountain and CONSOR Joint White Paper: Securitizing and Collateralizing Software Assets for the Capital Markets

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La Jolla, CA (PRWEB) November 12, 2008

Iron Mountain’s Intellectual Property Management group (IPM) and CONSOR are looking for additional experts to work on a white paper titled “Securitizing and Collateralizing Intangible Software Assets” see http://www.consor.com/ironmountain/Callforexperts.doc to provide expert commentary, recommendations and practical guidance to the primary and secondary capital markets. This white paper is for the financial community that provides investments (IPO, M&A, LBO, equity or debt position, etc.) to companies that have valuable software assets. The joint white paper is planned for inclusion in the Iron Mountain Knowledge Center to complement the current white paper “Leveraging Software Assets Via the Capital Markets” (see http://www.consor.com/ironmountain/CONSOR_IronMountain_LSA.pdf).

The intangible assets owned by many enterprises today include traditional IP (trademarks, copyrights, and patents), and non-traditional IP (trade secrets and knowhow). This non-traditional IP is better known as the software inventory. Many investments today are secured using the traditional IP of the organization, but seldom is the nontraditional IP used.

Usually the question of including the software inventory may not have been addressed in the financing, or even thought of, but knowing it’s value and registered position can help manage and leverage the investment. Furthermore, regulations for mergers and buyouts mean that enterprises must estimate the value of existing software inventories anyway for financial and tax reasons, such as required by FASB 141, FASB 142 and FASB 157.

Iron Mountain provides the software inventory to be registered in its Escrow for securitization and CONSOR provides for software identification and valuation analysis. This registry and valuation services assist counsel and stakeholders get a handle on their investment.

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Rekon Installs Additional Assignment Software for Top Three Lender

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Pasadena, CA (PRWEB) September 30, 2011

Rekon Technologies, the leading provider of advanced lien release, assignment processing and document preparation software for mortgage servicers, has installed the latest edition of its Rekon software for one of the top mortgage lenders in the nation, enabling the lender/servicer to avoid any backlogs in its rapidly increasing mortgage assignment volume. The top lender, a Rekon software user for lien releases and mortgage assignments since 1997, completed more than 125,000 assignments in the first full month with the latest edition of the Rekon software system installed. The Rekon lien release and assignment software is seamlessly integrated with any servicing software system.

With the escalating volume of foreclosures today, mortgage servicers need to quickly straighten out the chain of title and establish a clear and clean title for delinquent properties in the assignment of mortgages, which ensures successful foreclosure proceedings by publicly documenting the owner of record and safeguarding the right to foreclose. By installing Rekons software the top three lender will avoid costly backlogs of mortgage assignments that can delay loss mitigation efforts. Rekon software quickly and accurately creates assignments for lenders and servicers in the more than 3,600 recording districts in all 50 states. The software maintains an up-to-date status on the regulations and requirements for preparing lien release and assignment documents in all recording districts nationwide.

Additionally, Rekon can electronically record assignments in more than 650 counties in the 36 states that offer eRecording for mortgage documents. With its eRecording capabilities, Rekon software can dramatically reduce manual assignments and assignment expenses. A recent lender analysis shows that up to 45 percent of servicers assignment volume, depending on their loan portfolios, could be transmitted electronically today.

Senior executives at the top three lender praised the quality of Rekons software features and noted that the delivery, installation, testing and go-live process for the software system was fast, easy and uncomplicated, taking little more than a month. Rekon ensured an efficient and seamless transition for our internal team members responsible for the project, said a senior executive who requested anonymity. The Rekon software also is extremely helpful when working with our business partners in the foreclosure process.

Aurora Marsh, CEO of Rekon Technologies, said, Rekons software is used by the largest servicers in the country and it consistently and accurately handles the growing volume of mortgage assignments facing the industry without a need to outsource, thus giving servicers and lenders of all sizes direct control over their assignment preparation costs. By installing the latest edition of the Rekon software, our top tier lender customer can avoid any backlog of assignments and safeguard its right to foreclosure and sell or transfer loans, including pools of loans, with clear and clean titles.

About Rekon Technologies

Rekon Technologies provides advanced software solutions to loan servicers and lenders that prepare, record, manage and track loan documents, such as assignments, lien releases, UCC terminations and trailing documents, among others. Rekon software is used by the largest servicers in the industry and is designed to handle growing volumes of document preparation and recording in the more than 3,600 recording districts in all 50 states. The companys flagship product and namesake Rekon is a fully automated system for document preparation and management, integrated with imaging and eRecording capabilities, that processes loans from payoff to recording in a paperless environment from anywhere in the world. Rekon also offers DokTrak, the most versatile document tracking and data warehouse technology product available for managing documents in the gap between origination and servicing, resolving issues in post-closing and file certification for securitization. Rekon Technologies is based in Pasadena, California. For more information, please visit http://www.Rekon.com/.

Press Contacts

Rosalie Berg

Strategic Vantage Marketing & Public Relations

PR(at)StrategicVantage(dot)com

(305) 971-5352

Marshall Taylor

Strategic Vantage Marketing & Public Relations

MarshallTaylor(at)StrategicVantage(dot)com

(410) 867-1093

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More Securitization Press Releases

HARP 2. Refinance Software Finally Assists Severely Underwater Property owners

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Las Vegas, Nevada (PRWEB) August 08, 2012

Countrywide HARP Home loan Loan company Network, HARP Approval (http://harpapproval.com), responds to a modern report by the FHFA on an enhance in HARP refinance quantity.

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The most current Federal Housing Finance Company (FHFA) regular monthly Refinance Report printed August 7, 2012, exhibits HARP refinances for Fannie Mae and Freddie Mac home loans with unfavorable equity greater than a hundred twenty five% mortgage-to-benefit elevated from 2,954 in Could to fifty three,758 in June.

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According to the FHFA, The continued enhance in HARP quantity is attributed to file-low mortgage prices and plan enhancements declared final tumble which includes removal of the bank loan-to-price (LTV) ceiling for borrowers who refinance into set-rate&#13

loans and the elimination or lowering of fees for particular borrowers.

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“The normal borrower who refinanced lowered their interest fee by about 1.5 proportion details. On a $ 200,000 mortgage, that translates into preserving about $ 2,900 in curiosity for the duration of the following twelve months, describes Frank Nothaft, Freddie Mac vice president and chief economist.

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Click on Below to check out HARP Eligibility

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Between other enhancements to the Property Affordable Refinance Program that went into effect, loan providers turned able to securitize HARP loans with LTV ratios greater than a hundred twenty five % beginning June 1, 2012.

Loan company Techniques Inc. and Constellation Automotive Software program Announce Integration for Get Here – Pay out Listed here Vehicle Dealership Industry

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Sarasota, FL and Temecula, CA (PRWEB) April 12, 2013

Lender Systems, one of the market leaders for payment safety technologies, and Constellation Automotive Software, a top developer of application programs for independent automotive dealerships, have declared a new integration among their products.

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By way of this integration, Constellation delivers the capacity for software customers making use of its MSP application together with Lender Programs iPay payment assurance products to process payments in one straightforward transaction. Customers will be capable to approach their customers payments and make the codes essential to software their iPay gadget in one phase. No for a longer time will sellers employing the two systems be forced to double enter information into every system, chopping payment processing time in half.

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We are fired up to partner with Lender Methods, a single of the leading providers in the payment assurance business. Their remedies offer added security and peace-of-brain for our supplier customers, often at a reduced cost than they are at present incurring, said Alan Mosher, Standard Supervisor of Constellation Automotive Software. Our clients can save time and income with our integration, and saves our buyers valuable time processing each and every payment. It really is a earn-win for all parties involved, he continued.

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This partnership affirms Constellations dedication to differentiate their application through technology innovation by supplying customers entry to a revolutionary suite of products and providers that offer its client dealerships the maximum degree of equipment to maximize dealership operation.

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David Sailors, Govt Vice President of Loan company Systems included, Were delighted to provide this sort of a complete integration between our goods and Constellations MSP application merchandise. The end result is an very flexible, tightly integrated resolution that will let our mutual customers the most technologically superior technique to gather their excellent financial loans while reducing assortment expenditure and charge-off.

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About Lender Techniques &#thirteen

Loan provider Systems, Inc. is an international organization concentrating on asset defense, administration and monitoring. Its proprietary techniques and options are utilised to protected and handle the sub prime car loan portfolios of the two get-below-shell out-listed here car dealerships and economic establishments. Its asset protection systems secure the multi-million greenback inventories of automotive dealerships, credit score unions and other varieties of fiscal establishments. Technology presented by Lender Methods, Inc is presently protecting a lot more than $ two billion in automobile loan portfolios and has been serving the market for much more than 18 years. Loan company Methods, Inc is committed to delivering differentiated worth to customers and associates through its unique item and service choices, while carefully mapping items and remedies to its customers’ demands and priorities-these kinds of as asset securitization, efficiency, cost personal savings and return on investment decision.

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Understand a lot more at lendersystems.com.

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About Constellation Automotive Application&#13

Constellation Vehicle is a leading supplier of software program to impartial automotive dealerships. Their items are versatile enough to fulfill the requirements of any single or multi-lot dealership. Constellation Automotive Software is a portion of the Constellation Dealership Application Group which offers a suite of industry top computer software merchandise designed especially for dealerships. In excess of 1,000 dealerships throughout North The usa depend on one particular their merchandise to make their dealership far more productive. They are a wholly-owned subsidiary of Constellation Computer software Inc., the premier worldwide company of vertical industry computer software, with places of work and buyers in over 30 nations around the world, creating consolidated revenues in excessive of US $ 800 million. Publicly traded and comprising over 20,000 consumers, CSI has a mission to get, control and build an exceptional and assorted portfolio of companies, marketing application goods to aid buyers achieve their goals and aims.

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For far more information, pay a visit to http://www.constellationauto.com

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Media Contacts:

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David Sailors

Obtain Enterprise Technologies Releases PowerCore Because of Diligence Software

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Sacramento, CA (PRWEB) September 23, 2008

Accessibility Company Technologies, the major hosting and managed services company in the finance and mortgage loan sector, announced right now the release of it really is PowerCore Owing Diligence Application, a loan pool validation and examination specialist system.

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PowerCore Due Diligence gives flexible workflow procedures and business rules to assist firms totally examine financial loan swimming pools for high quality and precision. Broadly deemed a mortgage loan “professional technique”, PowerCore Due Diligence includes pre-recognized conditions and thresholds that accelerates implementation and the due diligence procedure. In addition, PowerCore Due Diligence integrates with well-known compliance techniques to include condition and federal compliance issues in the decisioning process.

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“We have worked with best servicing and securitization firms to make PowerCore Thanks Diligence a sturdy mortgage pool validation and analysis software” stated Justin Kirsch, President of Accessibility Organization Systems, “This specialist method will accelerate the owing diligence approach significantly thanks to it truly is inherent workflow and company rules. Also, our integration to 3rd-social gathering compliance, fraud and valuation programs will make PowerCore Due Diligence a central decisioning resource dependent on each side of the financial loan.”

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The PowerCore Owing Diligence application is provided as an ASP merchandise and is available quickly. Accredited computer software instances are also obtainable.

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“The mortgage banking and securities business is experiencing incredible issues” mentioned Kirsch. “Our release of PowerCore Thanks Diligence in addition to our sturdy line of hosted and managed merchandise will situation our buyers to climate the recent circumstances whilst readying them selves for the eventual marketplace enhancement.”

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About ABT&#thirteen

Obtain Company Systems is the foremost service provider of internet hosting and managed solutions, integration, reporting and skilled solutions for the mortgage and finance industry. Via our merchandise and services, ABT gives a total range of on-demand from customers, robust answers made to simplify, streamline and improve our customer’s organization. ABT’s managed and hosted solutions are all produced accessible genuine-time by way of the Internet employing stringent SAS70 kind II-audited protection systems.

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ABT’s philosophy is to give a vendor-neutral technique to help our clients leverage present and new computer software answers that are ideal in class for their unique surroundings. ABT provides SAS70 Type II web hosting environments for these answers to make certain company-degree stability, redundancy, high availability, catastrophe recovery and company resumption capabilities. For much more data, please pay a visit to mortgage thanks diligence or contact (800) 530-8054.

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Copyright 2008 Entry Organization Systems. All legal rights reserved. Obtain Business Technologies, ABT and the ABT emblem are emblems of Obtain Enterprise Systems. Other company and / or item names may possibly be registered emblems or trademarks of their respective organizations.

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Media Speak to:&#thirteen

Alan Taylor&#thirteen

Entry Organization Systems&#13

(800) 530-8054&#13

info@myabt.com&#13

mortgage loan thanks diligence

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