Heartland Financial USA Selects Cypress Software Tech

Posted by Orb Staff on March 23, 2010 No Comments
Categories : Residential Mortgage

Heartland Financial USA Inc., a Dubuque, Iowa-headquartered bank holding company, has added Cypress Software Systems LP's Mortgage Processor Module and New Account Setup Module to its existing installation of Cypress' Mark IV loan software.

Kate Barth, loan member bank support manager at Heartland, says Mortgage Module brings additional automation to the bank's mortgage application process that will help it remain compliant with current and future federal regulations.

‘Mark IV has been a great lending tool for our bank, and adding the Mortgage Module gives us additional peace-of-mind, knowing that we have the necessary forms and lending calculators necessary, should examiners pay a visit,’ says Barth. ‘In addition to the underwriting consistency that Mark IV provides, features like their New Account Setup Module offer additional cost-savings by streamlining and automating manual and repetitive processes.’

The New Account Setup Module helps banks increase lending efficiency by automatically transferring new account information into the institution's document preparation system, thus eliminating excess paperwork and reducing redundant data entry, Cypress says.

SOURCE: Cypress Software Systems

Register here to receive our Latest Headlines email newsletter




Leave a Comment