MortgageFlex User
Meeting Highlights Agile Philosophy
New Format Reflects Changing Times
Jacksonville, Fla. (October 20,
2008) – MortgageFlex Systems, Inc. hosted its annual User Meeting this season
with a new twist to reflect the agile philosophy that strengthens the company’s
entire infrastructure.
The agile approach, used for
years in MortgageFlex’s development of software, promotes 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.
Normally the User Meeting is
held at a 4-star resort with two days of dual session meetings and nightly entertainment,
a costly event to stage and to attend. The new format featured a one-day
meeting with single deliveries.
“Due
to the state of the industry, we felt it was more important than ever to host a
User Meeting,” stated
One of the hottest sessions
addressed migration strategies for the LoanQuest NET™ Loan Origination System.
LoanQuest.NET is a completely rewritten version of the industry leading
LoanQuest Windows LOS system and features Microsoft’s .NET™ 3.5 framework.
This latest version offers lenders a
combination of Microsoft Workflow Foundation, service-oriented architecture
(SOA) and a business rules engine (BRE) to deliver a new dynamic level of
automation.
“.NET™‘s open technology will allow our
customers to develop their own functions and incorporate them into LoanQuest
themselves using standard development tools,” said Craig Bechtle, chief
operating officer, MortgageFlex.
MortgageFlex
will be working with any customer that wishes to convert to .NETÔ to determine their individual
requirements and offer an appropriate conversion option. The upgrade to .NETÔ will be free for all existing
clients.
Making
the most of what you have
General session highlights
included:
§
The
past year’s system enhancements, including the latest FHA requirements,
§
The
advantages of a hosted solution in a SAS 70 II environment,
§
How
to make the most of what you’ve got, with business process reviews and a best
practices discussion.
Business process reviews are becoming
increasingly popular as lenders are looking for process improvement areas and
ways to reduce internal inefficiencies. MortgageFlex professional services
staff reviews the internal process and illustrates system capabilities about
which the lender may be unaware.
Typically lenders only use a fraction of a
LOS’ capabilities and these daily activities become entrenched as the
“standard” process. A process review by a systems consultant usually results in
usage recommendations of underutilized system features and evokes comments such
as, “Wow, it can do that? We had no
idea.”
Changing
times
“Planning this year’s agenda was
challenging,” commented Joyce Saunders, director of marketing, MortgageFlex.
“Everyone is faced with budget concerns and time restrictions, so it’s
important to provide them a valuable experience.”
MortgageFlex solved travel and
lodging cost issues by planning well in advance and allowing attendees to
select their own lodging. This proved to be a wise course with approximately
50% of the customer base attending.
“The new format was
overwhelmingly successful. Many of our customers remarked that it was very
economical for them and they appreciated our flexibility. The single track
delivery also allowed our customers to get to know each other better and to
share lessons learned and best practices,” Saunders concluded.
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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 2007,” by Mortgage Technology Magazine. Headquartered in
For
information about products and services, please call 800-326-3539 or visit www.mortgageflex.com.
Media
inquiries may be directed to Joyce Saunders at 904-356-2490, ext. 3260.