CTX Chooses VMP for Bar Code-Enabled Documents
2004年3月16日 - 11:00PM
PRニュース・ワイアー (英語)
CTX Chooses VMP for Bar Code-Enabled Documents PHOENIX, March 16
/PRNewswire/ -- VMP(R) Mortgage Solutions, a Bankers Systems, Inc.
company is announcing at the Mortgage Bankers Association's
National Technology Conference that CTX Mortgage Company(R), LLC, a
subsidiary of Centex(R) Corporation , has chosen VMP as its
provider of forms that accept bar code technology. Using these
documents with its imaging system, CTX will realize increased
productivity, enhanced customer service and a competitiveadvantage
in the marketplace. CTX has relied on electronic versions of VMP's
mortgage lending documents for more than a decade. After reviewing
methods of gaining greater document control to refine its business
processes, CTX decided to integrate a document imaging system. When
the time came to search for a forms provider that could accommodate
the system's bar code technology, CTX looked to VMP for a solution.
"We've trusted VMP's content for a long time, and we wanted to
continue to do so," said Thomas E. Tuohy, executive vice president
and chief information officer for CTX. "Integrating an imaging
system was essential for us to streamline our processing. VMP
modified forms to work with our system and helped make this
integration a success." VMP's content-based services include a
forms library service as well as a custom design service, which
provides electronic documents tailored to lenders' needs in
appearance and functionality. VMP's documents can be modified with
a variety of elements, including specific verbiage, corporate logos
and -- as chosen by CTX -- data fields that accept bar code images.
In addition to enabling electronic forms with bar code fields, VMP
can also provide the I-32(R) Forms Solutions component that calls
data from databases, including the data for bar code fields and
applies that data to the form fields. Using its new imaging system,
CTX programs bar codes to identify specific loan information, such
as document type, loan number or borrower's name. When the bar
codes on their printed forms are scanned, the relevant indexing
field is automatically populated. This functionality eliminates the
need for manual data entry, which significantly decreases errors
and delivers numerous time- and cost-saving benefits. "CTX is a
high-performing lender and we are pleased to be helping them
realize their goals as they help their clients realize the dream of
owning a home," said Norman Tononi, executive director for Bankers
Systems' mortgage business unit and VMP Mortgage Solutions. About
CTX Mortgage Company CTX Mortgage Company, one of the nation's
largest non-bank-affiliated retail mortgage originators, has more
than 225 offices and is licensed to do business in 48 states. CTX
Mortgage offers FHA/VA, conventional, conforming, jumbo and
specialty loans. CTX Mortgage originates approximately $15 billion
of loans annually. For more information, visit
http://www.ctxmort.com/ . About VMP Mortgage Solutions VMP Mortgage
Solutions is a division of CBF(R) Systems, Inc., a Bankers Systems,
Inc. company. VMP has been providing the mortgage lending industry
and government agencies with leading-edge technology and forms
solutions for more than 35 years. For more information, visit the
VMP Web site at http://www.vmpmtg.com/ or call 800.521.7291. About
Bankers Systems Established in 1952, Bankers Systems, Inc., a
WoltersKluwer company, is a leading national provider of compliance
resource solutions for financial institutions and their legal
counsel. The company's lending, deposit, IRA, customer
identification, and anti-money laundering solutions are used by
more than 12,000 financial institutions, including banks, credit
unions, finance companies, mutual fund companies, and brokerage
firms. Bankers Systems' software, documents, training, and support
services help institutions be more productive, work more
efficiently, and grow their businesses. For more information about
Bankers Systems, call 800.552.9410 or visit
http://www.bankerssystems.com/ . Bankers Systems Inc. is a
registered trademark of Bankers Systems, Inc. CBF, VMP, and I-32
are registered trademarks of CBF Systems, Inc. All other trademarks
are the property of their respective owners. DATASOURCE: VMP
Mortgage Solutions CONTACT: PeggyWilson of Bankers Systems Inc.(R),
+1-800-397-2341, Ext. 5260, , or Andrew McCaskill, Media Contact
for Bankers Systems, +1-678-781-7210 Web site:
http://www.ctxmort.com/ http://www.vmpmtg.com/
http://www.bankerssystems.com/
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