As the mortgage industry slows and consolidates, outsources service providers are becoming critical to maintaining cost-effective operations — Cranbury, New Jersey Visionet Systems said Wednesday that its business process outsourcing operations have grown significant as a result of the industry shift, and that as a result it has moved to a newer and larger premise in Bangalore, India. Most of the company’s growth in the BPO business is centered in knowledge-based services such as high-cost lending auditing, tax searches, title policy production, lien release, loan boarding and repurchase management, it said in a press statement. “The growing demand for outsourcing capabilities with equal or better quality at discounted costs has helped drive our successful growth,” said Soni Rahman, CEO of Visionet Systems pl, the company’s India-based operation. “We are anticipating record growth in 2008.” For more information, visit http://www.visionetsystems.com.

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