Excerpt from: Overture News
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| March 26, 2007 | | The industry’s first on-demand network of eligibility, automated underwriting and pricing decision content for lenders, conduits and correspondents brings entities of the mortgage process together, quickly and seamlessly | Overture Technologies, the mortgage industry’s leading developer of
automated underwriting systems, has launched the Overture Decision Network, the mortgage industry’s first on-demand
network of eligibility, automated underwriting and pricing decision content for lenders, conduits and
correspondents. With the Overture Decision Network, investor program guidelines and rate sheets are first
tested and certified by the investor, then securely stored in the Overture Decision Library, where access is
granted only to those entities with permission to access the information. By providing this accurate, up-to-date
and easy-to-access information, the Overture Decision Network helps to mitigate the losses incurred by
misinterpreted, inaccurate or inaccessible investor data.
To read the full press release, click here.
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