XLD Technology Aimed at Reverse Mortgage Lenders.(XL Dynamics)

Cerritos, CA -- XL Dynamics, a provider of Web-based mortgage lending solutions here, has launched Reverse-Mortgagesoft OnLine, a complete back end origination and servicing system for home-equity conversion mortgages.

XL Dynamics, in conjunction with Sun West Mortgage, has developed and implemented the fully Web-based platform where lenders automate and integrate core business processes. The software application streamlines origination and servicing with seamless integration to current reverse mortgage systems. In addition, the platform provides added benefits such as real-time reporting, process security and the assurance that all compliance requirements are satisfied.

"Mortgagesoft OnLine has integrated all levels of our business from retail, satellite branches and broker/correspondent relationships," said Hari Agarwal, president of Sun West Mortgage, in a news release. "With the current launch of Reverse-Mortgagesoft OnLine, our servicing professionals have access to complete loan information instantly enabling the continued delivery of superior service at all customer touch points."

Anthony Toro, CEO of XL Dynamics, said, "Mortgage products are becoming more specialized and technology-savvy clients like Sun West help us stay at the forefront of this advancing market. The knowledge, focus and cooperation of Sun West Mortgage contributed to the successful launch of the ...