Ohio Bank Upgrades Origination Software
Cortland Savings and Banking Company will begin using the origination platform out of Mortgage Builder at the end of September. It’s the first origination software upgrade the 117-year-old Ohio community bank’s made since 1992, and will assist in the company’s transition to paperless mortgage origination. Cortland Bank loan officers are receiving training in the new software during the transition period. “Everything we need is built into the system, including compliant loan documents and the ability to obtain everything we need without leaving the [system],” Cortland Bank vice president of mortgage lending Karen Clower said in a statement. Write to Austin Kilgore.