MortgageRamp Launches End-to-End Technology Platform for the Commercial Real Estate Finance Market

Aurora is the Latest Addition to MortgageRamp's Industry Leading Product

Family



Apr 24, 2001, 01:00 ET from MortgageRamp

    ATLANTA, CHARLOTTE, N.C., HORSHAM, Pa., April 24 /PRNewswire Interactive
 News Release/ -- MortgageRamp today officially launched its newest technology
 solution, Aurora, for brokers, mortgage bankers, lenders and financial
 institutions in the commercial real estate market.  Aurora is a proprietary,
 web-based technology platform delivering increased efficiency, productivity
 and cost savings for commercial real estate finance professionals.  This
 latest offering by MortgageRamp integrates, automates and manages the entire
 process of originating, packaging, underwriting, closing and delivering
 commercial mortgage loans.
     "The development and launch of the Aurora suite of products has pushed
 MortgageRamp further to the forefront as the leader in the commercial real
 estate finance market," said Michael H. Greco, President and Chief Operating
 Officer of MortgageRamp.  "Our core group of lenders are the industry leaders
 and they demanded a customizable service that allows their users to easily
 view, update and track every step of the loan process in real time.  Aurora is
 just the next step in MortgageRamp's plan to revolutionize the loan process."
     MortgageRamp is the only online full-service commercial real estate
 community serving borrowers, brokers, financial institutions, lenders and
 vendors.  This newest product line is intended to further enhance
 MortgageRamp's existing customer offerings.
     Aurora is a modular, end-to-end solution that is highly configurable to
 meet individual client requirements.  In addition to providing Aurora on an
 ASP basis, MortgageRamp also offers the product in a variety of other
 configurations including intranet and peer-to-peer (P2P).  Aurora can also be
 integrated with existing in-house systems, preserving large investments
 already made by its clients.
     "Aurora was created to simplify the commercial loan process for our
 customers," continued Greco.  "Sharing data without compromising security was
 also an important objective."
     The Aurora solution is comprised of four integrated modules: web
 origination, packaging, underwriting/closing, and delivery.  All modules are
 accessed via a personalized access portal (Aurora DealCentral) that provides
 the customer and designated third parties secure access to the customer's
 pipeline data and links to each licensed module.  In addition, all data
 throughout the process is entered only once, attached to a permanent loan
 record and stored in a common data warehouse, for re-use, data mining and
 reporting.
     MortgageRamp's Aurora is completely customizable, in that real estate
 finance professionals can choose only the components they need -- customers
 don't pay for features they won't use.
 
     About MortgageRamp
     MortgageRamp is the only complete source for the commercial real estate
 industry offering a turnkey solution to help borrowers, brokers, financial
 institutions, lenders and vendors execute every step of the loan process from
 bid to close.  MortgageRamp.com provides access to all of the major lending
 institutions and combines revolutionary technology with personal customer
 service.  MortgageRamp also provides private label and custom solutions to
 help companies in the commercial real estate finance industry make their
 business more efficient, scalable and profitable.  MortgageRamp can be reached
 at www.MortgageRamp.com or by calling 1-888-496-2200.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X13384598
 
 

SOURCE MortgageRamp
    ATLANTA, CHARLOTTE, N.C., HORSHAM, Pa., April 24 /PRNewswire Interactive
 News Release/ -- MortgageRamp today officially launched its newest technology
 solution, Aurora, for brokers, mortgage bankers, lenders and financial
 institutions in the commercial real estate market.  Aurora is a proprietary,
 web-based technology platform delivering increased efficiency, productivity
 and cost savings for commercial real estate finance professionals.  This
 latest offering by MortgageRamp integrates, automates and manages the entire
 process of originating, packaging, underwriting, closing and delivering
 commercial mortgage loans.
     "The development and launch of the Aurora suite of products has pushed
 MortgageRamp further to the forefront as the leader in the commercial real
 estate finance market," said Michael H. Greco, President and Chief Operating
 Officer of MortgageRamp.  "Our core group of lenders are the industry leaders
 and they demanded a customizable service that allows their users to easily
 view, update and track every step of the loan process in real time.  Aurora is
 just the next step in MortgageRamp's plan to revolutionize the loan process."
     MortgageRamp is the only online full-service commercial real estate
 community serving borrowers, brokers, financial institutions, lenders and
 vendors.  This newest product line is intended to further enhance
 MortgageRamp's existing customer offerings.
     Aurora is a modular, end-to-end solution that is highly configurable to
 meet individual client requirements.  In addition to providing Aurora on an
 ASP basis, MortgageRamp also offers the product in a variety of other
 configurations including intranet and peer-to-peer (P2P).  Aurora can also be
 integrated with existing in-house systems, preserving large investments
 already made by its clients.
     "Aurora was created to simplify the commercial loan process for our
 customers," continued Greco.  "Sharing data without compromising security was
 also an important objective."
     The Aurora solution is comprised of four integrated modules: web
 origination, packaging, underwriting/closing, and delivery.  All modules are
 accessed via a personalized access portal (Aurora DealCentral) that provides
 the customer and designated third parties secure access to the customer's
 pipeline data and links to each licensed module.  In addition, all data
 throughout the process is entered only once, attached to a permanent loan
 record and stored in a common data warehouse, for re-use, data mining and
 reporting.
     MortgageRamp's Aurora is completely customizable, in that real estate
 finance professionals can choose only the components they need -- customers
 don't pay for features they won't use.
 
     About MortgageRamp
     MortgageRamp is the only complete source for the commercial real estate
 industry offering a turnkey solution to help borrowers, brokers, financial
 institutions, lenders and vendors execute every step of the loan process from
 bid to close.  MortgageRamp.com provides access to all of the major lending
 institutions and combines revolutionary technology with personal customer
 service.  MortgageRamp also provides private label and custom solutions to
 help companies in the commercial real estate finance industry make their
 business more efficient, scalable and profitable.  MortgageRamp can be reached
 at www.MortgageRamp.com or by calling 1-888-496-2200.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X13384598
 
 SOURCE  MortgageRamp