Computer Software - San Antonio, Texas, United States
It is clear that the industry needs ways to more cost effectively originate mortgages and the ability to produce a more transparent mortgage asset to restore investor confidence to ensure an adequate supply of capital. Recent rate cuts have led to mini loan refinance booms that have further exacerbated the industry's capacity and capability challenges. All of which has exposed the industry's lack of effective elasticity relative to volume fluctuations. HPP has developed component solutions that address specific market pain points and can be rapidly deployed. The solutions can easily be appended to legacy systems or used in a standalone mode. All of which provides clients with tremendous flexibility relative to solution configuration and cost. Each of the solutions provides significant automation and transparency to create a value differentiator. These include process cost reductions, process cycle time reductions, decreased risk and increased transparency. The Quantum component services and solutions are designed to create transformational process improvement as process components throughout the mortgage lifecycle, without the burden of having to replace the system of record.