LSSI and Portellus Form Strategic Alliance
Lender Support Systems Inc. (LSSI), a global provider of lending and loan servicing technology solutions, and Portellus Inc., a software solution provider for the mortgage and insurance industries, announced Thursday that the companies have formed a strategic alliance and successfully integrated their software platforms.
The alliance joins Portellus' origination platform with LSSI's mortgage closing, servicing and imaging technologies, automating the ordering of loan closing documents.
Loan data complied in Portellus is directly linked into LSSI, so that when users of Portellus' origination platform request loan closing documents through the automated interface, the information is transferred to LSSI and the document packages are completed and returned to the user.
â€œOur goal is to deliver advanced technology solutions to our customers, enabling them to maximize their profits through increased efficiencies,â€? said John Le, president of Portellus. â€œBy partnering with LSSI, a company that shares our vision, we are able to meet that goal by helping our customers increase the quality and reduce turn around time when ordering loan closing documents.â€?
â€œPortellus' loan origination platform flows into our point-and-click mortgage closing documents and disclosure technology,â€? said Cary Burch, president and CEO of LSSI.
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