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Dexma Offers Portfolio Protection.(Brief Article)

Mortgage Servicing News

| June 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

Dexma, a mortgage lending application service provider here, is offering a Web-based refinancing tool designed to increase lending capacity by accelerating the refinancing process.

The Dexma Portfolio Protector gives lenders extra capacity during peak lending times by automating much of the refinancing process.

"History shows that 75% of borrowers who refinance will use a different lender than the one servicing their existing mortgage," said Stephen Mase, Dexma's president. He said the Dexma service will help lenders defend their portfolios from the erosion that normally occurs from loan runoff during ...

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Source: HighBeam Research, Dexma Offers Portfolio Protection.(Brief Article)

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