Origin Bank Using PathSoftware For Mortgage Origination

Posted by Patrick Barnard on April 25, 2016 No Comments
Categories : Residential Mortgage

Origin Bank, formerly Community Trust Bank, is the latest lender to sign up for PathSoftware, a new cloud-based mortgage loan origination system (LOS) from CalyxSoftware.

The Louisiana-chartered bank, which is more than a century old and provides a wide range of traditional banking services, is expanding its three-state footprint. It currently has 41 banking centers throughout Louisiana, Mississippi and Texas.

Origin Bank is a wholly owned subsidiary of Origin Bancorp Inc., a financial holding company with more than $4 billion in assets.

Origin Bank evaluated 10 LOS over the course of a year before ultimately selecting PathSoftware.

“We were cautious about making an impulsive decision and based our selection on specific criteria,” says James E. Hinton, executive vice president in the Texas mortgage banking group for Origin Bank, in a release. “We were looking for a system that is set up to accommodate what we see as a quickly moving industry evolution towards digital originations and processes and one that is not stuck in a paradigm of how things have always been done. It was also important to us that the system be written to accommodate multiple origination channels as opposed to being adapted from an original purpose of serving just one channel. Finally, we were looking for a system that is supported by people who understand and have a commitment to our industry.”

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