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COPYRIGHT 2006 SourceMedia, Inc.
KIRKLAND, WA -- In the year since Byte Software rolled out its latest version of its loan origination system, BytePro, the most popular feature among originators has been the ability to put piggyback loans into a single file.
Byte general manager Joe Herb said BytePro is based on .Net technology (created by Microsoft), it uses XML to store data and is MISMO-compliant. Approximately three-quarters of the program's users are mortgage brokers with the rest being banks and credit unions.
By having both of the loans stored in the same...
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