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Lender Support Systems, Inc. Expands Partnerships and Customer Base

Posted on: Monday, 8 January 2007, 09:01 CST

For Lender Support Systems, Inc. (LSSI), a global provider of eMortgage enabled lending and loan servicing technology solutions, the expanding use of LSSI products and services coupled with the growth of its strategic partnerships highlight the past year's successes.

Recognizing the value and quality of LSSI's products and services, over 100 customers now use its mortgage-document preparation technology DocWin; more than 300 clients utilize WebDocs, which offers Internet-based compliant loan documents; and some 350 different customers employ SERVICER to manage their loan portfolios. In addition, the company doubled its strategic alliances in 2006, adding ten new partners that now can access LSSI's eMortgage technology solutions.

Among the highlights of the company's accomplishments in 2006:

The availability of Docs3D, an eMortgage enabled solution that simplifies the loan closing process for mortgage lenders, as the company's next-generation loan-document creation software. Its 128-bit encryption and real time update capability significantly satisfies security and enhancement needs within the industry. Docs3D also offers ASP, .NET, C#, and SQL interfacing to create compliant loan documents quickly for all required formats, including MISMO, and offers required disclosures for all 50 states.

Its continued strategic alliance, and successful inter-system compatibility, with Del Mar Database, a software solution provider for small to medium-size lenders. Through the new enhanced interface, LSSI's mortgage-document preparation technology DocWin now seamlessly integrates into DataTrac, Del Mar Database's back-office processing solution. LSSI and Del Mar Database began working together in 1993 and currently have more than 100 joint customers.

A strategic partnership agreement with Fidelity National Information Services, Inc. for FIS' Empower Platinum Vendor program. LSSI, a pioneering vendor in the Empower Platinum program fuses with the breakthrough loan-origination system, Empower for .NET. LSSI seamlessly interfaces its mortgage disclosure and closing-document preparation software, DocWin, and its ASP-based data and document capture solution, XCapture, which has been built on the .NET platform within the Empower for .NET system.

"What we have accomplished in 2006 demonstrates Lender Support System's commitment to supplying advanced technology solutions in a proficient, cost efficient manner," said Cary Burch, president and CEO of LSSI. "During 2007, we continue to endeavor to provide an alternative to other technology solutions to the mortgage industry by developing new technologies and forming partnerships that result in better products and services to our customers."

About LSSI

Founded in 1982, Lender Support Systems, Inc. (LSSI), led by mortgage industry veterans, provides a superior suite of eMortgage technology solutions to mortgage lenders (including but not limited to bankers, credit unions, community banks) and service providers as a platform for building more streamlined, cost effective and profitable loan origination services. The company offers a full suite of technology solutions including: compliance services, mortgage closing document preparation software, servicing software, document imaging, data extraction, business process outsourcing solutions and custom software solutions.

For more information, visit www.lendersupport.com.

Source: Business Wire

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