November 2012

TheMReport — News and strategies for the evolving mortgage marketplace.

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ON THE WEB visionary leadership and proven track record are well suited for our company's continued growth," Blatt added. "Mortgage Returns is growing rapidly and delivers great results for its customers. The company's unique approach to marketing will continue to drive growth nationally," concluded Schuessler. LendingQB and DocMagic Launch Collaborative Solution TEAMING UP TO PROVIDE AN IMPROVED PLATFORM FOR ORIGINATIONS, DOCMAGIC AND LENDINGQB ROLL OUT AN ENHANCED TECHNOLOGY TOOL. For the Win: The Industry INSIDE THE INDUSTRY Mortgage Returns Reveals Strong Revenue Report CITING THE PERFORMANCE OF ITS EXECUTIVE SALES TEAM, MORTGAGE RETURNS HAS RECORDED A 50 PERCENT INCREASE IN REVENUE SINCE JANUARY. Returns is celebrating a strong 2012 thus far, recently reveal- ing the company's revenue Missouri-based Mortgage 10 | THE M REPORT has grown significantly since January. The database manage- ment and automated marketing services provider has reported a 50 percent uptick in revenue since the start of the year. In an official statement, Turns to Teamwork Announcing new partnerships, acquisitions, and collective initiatives, technology companies are striving for success through collaboration. Mortgage Returns noted the increases correlate with nine consecutive quarters of revenue growth. The company went on to state that its decision to expand Mortgage Returns' executive sales team has played a major role in achieving rising revenue levels. Adding eight new members to the company's roster of execu- tive sales professionals, Mortgage ness executives need more ef- ficient marketing systems, which is driving demand for Mortgage Returns' automated market- ing and database management services," stated Jim Blatt, CEO of Mortgage Returns. "We continue to expand our company's executive leadership to further enhance the way we serve mortgage lenders. Brett's Returns also promoted Brett Schuessler to director of sales. Having been with Mortgage Returns since 2010, Schuessler now leads the company's nation- al growth strategy and oversees new product development. "To remain competitive, busi- based company that provides loan origination software, and DocMagic, a California-based creator of document production technology, have teamed to offer a more seamless approach to loan origination. DocMagic's document prepara- LendingQB, a California- tion functions, including eDelivery and eSigning, are embedded into LendingQB's loan origination system. LendingQB noticed its us- ers spent "entirely too much time keying data and changing loan information in the document pro- vider's system, and then having to go back and reconcile the data in our LOS," according to Binh Dang, company president. "This might amount to just a ogy embedded directly in the LendingQB system, users do not have to switch back and forth between systems and re-enter the same information more than once. This not only cuts down on wasted time but also elimi- nates opportunities for errors. The new solution ensures compliance with all state and federal regulations, according to the two companies. few minutes of effort per loan, but when calculated across mul- tiple users and files, it becomes a substantial loss of productivity," Dang added. With DocMagic technol-

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