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Products

LenderLive buys assets of Guardian Mortgage Documents

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DENVER (8/28/08)--LenderLive Network Inc. of Denver announced it has purchased the assets of Colorado-based Guardian Mortgage Documents (GMD). GMD has been LenderLive’s exclusive provider of document preparation services for the past 10 years. LenderLive provides business-process outsourcing and technology to the financial industry. “This acquisition takes our longstanding relationship with Guardian management and its staff to the next level, allowing us to capitalize on the tremendous synergies that are already in place,” said Rick Seehausen, LenderLive president. Michael O’Leary, GMD founder, will continue as president of GMD. The company will continue management and operations in Lakewood, Colo.

DeposZip enhances remote deposit service

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BURLINGTON, Mass. (8/28/08)--DeposZip, which allows credit union members to make deposits from their desktops, now is available to Mac and Firefox users. The newest version, Version 2.0, supports Firefox on Microsoft Windows and Firefox and Safari on Mac OS X. “Several credit unions with members in the design and high-tech fields requested that we make the service available for a wider variety of browsers and operating systems, so 2.0 also provides a cross-platform scanning interface using Java technology,” said George Dow, Eastern Corporate FCU assistant vice president, member relations and business development. “Members just sign, scan and send in their checks via their credit union’s online banking program,” he added. “The credit union staff then approves and processes them. That’s all there is to it.” DeposZip was launched by Eastern Corporate FCU (EasCorp), Burlington, Mass., last fall. Wright-Patt CU, Fairborn, Ohio, recently selected the solution. “We’ve been talking about implementing Check 21 for the past two years,” said Cynthia Schroeder, Wright-Patt CU vice president of information technology and support services. “With DeposZip, we are adding consumer home deposit to the mix.”