LAKE MARY, Fla.—DH Corp. reported that it experienced record client growth in 2014 for its mortgage solutions.
The company formed new relationships with more than 130 community banks and credit unions, of which 70% choose both MortgagebotPOS and MortgagebotLOS solutions from D+H. The company growth also came from its existing client base, with nearly 75 of its long-standing MortgagebotPOS clients adding the newer MortgagebotLOS solution in 2014 alone.
“D+H's momentum continues into 2015 and includes marquee client wins, significant product and integration announcements, expanded strategic partnerships and ground-breaking programs to help clients get ahead of TILA-RESPA and other compliance challenge,” D+H said.
"We're excited about our demonstrated growth in the mortgage solutions arena," said Bill Neville, president, D+H USA. "I attribute this success to our unrelenting focus on helping small and mid-sized community banks and credit unions stay ahead in an increasingly complex and competitive lending environment."
While real estate and construction markets have created an upward trend in borrower activity, and consumers feel more confident when it comes to applying for mortgages, challenges remain. For small to mid-sized institutions, it can be daunting to balance growing regulatory pressure, aggressive competition from alternative lenders and the demands of a tech-savvy customer and employee base.”
For info: www.dh.com.