Government Regulations Drive Renewed Interest in Axacore’s EDM

Posted: Jun 12, 2012
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Government Regulations Drive Renewed Interest in Axacore’s Electronic Document Management™ (EDM) for Mortgage

Most of the “buzz” generated at the recent Mortgage Technology Show was driven by current regulations which are focusing renewed interest in document management platforms. Axacore CEO Traci Basil says the excitement coincides with a growing majority of OEM partners that are choosing to deploy Axacore’s EDM platform to power the EDM engine in their Loan Origination Solution (LOS).

San Diego, CA, June 12, 2012 –(PR.com)– Industry Best Practices/Axacore EDM for Mortgage

Results
According to the CEO of an OEM providing industry leading loan origination software (LOS) to mortgage companies for more than a decade, the Axacore EDM for Mortgage has accelerated time-to-market and provides a competitive edge.

Utilizing Axacore’s platform, end users save time, lower their expenses and reduce compliance risks without the complexities and constraints of legacy and repurposed systems.

OEM companies who provide LOS’s are choosing the Axacore EDM for Mortgage over in- house development because of user-friendly implementation, reduced time-to-market, and immediate results.

Challenge
Lenders in the mortgage market seek the same competitive advantage; a solution to enable faster loan processing and better compliance controls. Many mortgage lenders are relying on outdated technology that often results in lost documents, process delays, and negatively affects the bottom line. In some cases, lost documents can present a security issue. Today, more than at any time in the history of the mortgage industry, OEMs require an EDM platform designed specifically for their LOS solution. These companies cannot afford to gamble on technology that requires major changes to their existing platform, which could result in the system performing poorly or, even worse, producing inaccurate information.

Solution
Axacore EDM for Mortgage:

All APIs and Tool Kits can be rapidly deployed without additional changes. The entire platform is geared exclusively to the OEM provider, providing for easy integration and development within their existing systems.

Axacore continues to devote significant resources to provide upgrades which focus on the important issues of performance, speed and security of document deliveries. These ongoing upgrades help support high-volume document workflows and allow deeper, more dynamic integration with loan origination systems.

About Axacore
Since 1996, Axacore’s EDM for Mortgage has provided lenders with a ready-to-deploy platform that reduces overhead, speeds the loan origination process and continues to produce efficiencies throughout the life of the loan. Mortgage Technology Magazine named Axacore a TOP 50 Service Provider for 2011. For more information or to schedule a demo, please visit www.axacore.com