Mortgage Builder Software, a loan origination and servicing software (LOS and LSS) provider, gave an advanced look at its newly redesigned origination platform during a special event at the Millennium Hilton in New York City on Sept. 18. The next generation Mortgage Builder LOS also bears a new name — the first name change in 14 years for the company’s flagship product. Known since 1998 as Mortgage Builder, the new platform is called Architect.
Mortgage Builder, long a favorite of mid-tier and larger lenders, has been working on the new and improved platform for nearly two years in preparation for its industry-wide rollout at the MBA's 99th Annual Convention & Expo in Chicago next month.
The re-architecture of Mortgage Builder’s core LOS solution includes a forward-looking plan and takes advantage of the most current technology available. The structure of Architect is built using WCF (Windows Communication Foundation), WPF (Windows Presentation Foundation), and XAML, all on a .NET framework. The new infrastructure of Architect will allow for continued growth in the platform as the industry and client needs change.
Kelli Himebaugh, corporate vice president at Mortgage Builder comments: “With this new technology, we will be able to make swift changes for our customers system-wide as well as at the individual client level. This will greatly decrease time to delivery for product enhancements and client customizations.”
“We took our time to make certain that we got it right,” said Keven Smith, Mortgage Builder president and chief executive officer. "Architect builds on the popularity of the classic Mortgage Builder LOS and makes it even easier to use, with increased automation, a modern visual aesthetic that creates a more efficient working environment, and a seamless transition for current customers. At the same time, Architect is built to lower implementation timeframes and costs for new clients with its cloud-based engineering and additional features."
The same foundation technology is also being extended to its loan servicing software system, G/Serv. These infrastructure changes for the G/Serv platform are scheduled for completion early next year.
Architect is joined by Blueprint, its advanced electronic document management (EDM) module for paperless lending and digital file delivery ease, and Surveyance, Mortgage Builder’s web-based loan originator portal, featuring highly useful mobile application components to maximize field time for loan officers and others. Both modules have been redesigned to work flawlessly within Architect, and have been renamed accordingly to reflect their recent enhancements and expanded functionality.
As the sole preferred LOS vendor to the Lenders One alliance of mortgage bankers, one of the nation’s largest origination entities, Mortgage Builder believes its core competencies are significantly enhanced with the introduction of Architect, and solidly aligned with the alliance’s emphasis on high service levels.
“We’ve always understood the importance of fast response and ease of use,” Smith said. “We’ve designed Architect for lenders that need extraordinary performance at a reasonable cost in order to compete with their big bank competitors. It’s our focus, and we never lose sight of it,” he emphasized.