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London Bridge Expects to Showcase New Technology at the MBA.(Mortgage Bankers Association of America convention)(Product Announcement)(Brief Article)

Mortgage Servicing News

| November 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

London Bridge Group expects to make a "fairly major announcement" at the MBA annual convention, says Dave Demster, president, mortgage division, with the technology solutions vendor.

The company will be demonstrating Diamond, its new mortgage origination product, which is a totally thin client product that will replace London Bridge's existing legacy product.

Also on exhibit will be London Bridge's Bridge Link product, which Mr. Demster describes as "a whole suite of electronic services and connectivity to the lending community."

Under this umbrella are several new products, including a broker price opinion piece, an appraisal piece and an REO management piece.

Also on display will be a new Home Equity Line Of Credit and consumer-servicing product.

A new Web-based version of London Bridge's bankruptcy and foreclosure referral product will be exhibited as well.

London Bridge will also have hospitality suites during the conference.

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