AGILE IMPLEMENTATION METHODS APPLIED IN-HOUSE

Aim is to Align Functions to Current Market Needs

 

            Jacksonville, Fla. (July 23, 2008) - Reflecting its commitment to agile implementation methods with lender customers, MortgageFlex Systems Inc. has applied the same approach to its internal structure, with the aim of aligning functions to current market needs.

            Utilizing this new methodology, the technology provider recently went live with the LoanQuest™ Residential Lending System for loan origination at KeyBank Mortgage, a unit of Cleveland-based KeyBank NA.

            Applying similar concepts to its corporate structure, “will foster a more open environment, encouraging cross-sale opportunities, stronger professional services and deeper customer support,” said Craig Bechtle of MortgageFlex, recently promoted to executive vice-president and COO of the company. “We’ve embraced Agile theories for years to develop our software, so it makes good business sense to foster that environment throughout our organization.”

            Agile methods, Bechtle noted, promote a true team atmosphere with:

·         Close, daily cooperation between business people and developers;

·         Continuous attention to technical excellence and good design;

·         Regular adaptation to changing circumstances. 

            Bechtle joined MortgageFlex in 1999 and has been responsible for the management and development of the LoanQuest product line. New responsibilities include future product and technology development management and continuing international market expansion.

            James (Jim) Dowell, who served for many years as executive vice-president/COO, recently retired.

            Commenting on Dowell’s retirement, Lester Dominick, MortgageFlex president and founder, said, “Jim’s dedication over the past nine years has been commendable. He strongly influenced our seminal decision to expand internationally with the establishment of MortgageFlex’s presence in the European and Middle-Eastern sectors. His contributions will be missed.”

 

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About MortgageFlex Systems Inc.

MortgageFlex Systems, Inc., a provider of innovative software and systems solutions to mortgage companies and lending institutions, was named one of the “Top 50 Providers of 2008,” by Mortgage Technology Magazine. Headquartered in Jacksonville, Fla., the company, which began operations in 1980, launched LoanQuest in 1984, the industry’s first fully integrated product suite designed to simplify loan origination. For information about products and services, please call 800-326-3539 or visit www.mortgageflex.com.