Texas Veterans Land Board Selects Mortgage Builder(R) Loan Origination Software

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Mortgage Builder Software, Inc., provider of end-to-end mortgage banking software, announced that Texas Veterans Land Board (Austin, Texas) selected Mortgage Builder® Loan Origination Software as their LOS provider. Mortgage Builder’s system offers more functions and allows fast customization that saves time and money.

“We were searching for the most capable and best value in loan origination systems to replace our current LOS”

“We were searching for the most capable and best value in loan origination systems to replace our current LOS,” said Paul Moore, deputy commissioner of the Texas Veterans Land Board. “In addition to our internal evaluation process, we engaged an outside consulting firm to map our requirements with the best candidates to replace our system. Many LOS systems did not meet our specific requirements.”

The Texas Veterans Land Board was created in 1946 to help veterans returning from World War II buy land to farm or ranch. As of July, 2007, Texas Veterans Land Board has processed more than $1.73 billion land loans for 15,800 veterans. Veterans can also get loans for the purchase of land and home improvements.

The tradition of rewarding veterans with land as thanks for their military service began in the days of the Republic of Texas. Today, land can no longer be given, but the tradition continues through the Texas Veterans Land Board, which offers veterans low interest loans for land, homes and home improvements – all at no cost to taxpayers.

“Delivering robust functionality, outstanding service and great value is what Mortgage Builder Software is known for,” said Keven Smith, president of Mortgage Builder Software. “For nearly ten years, our proven software, flexible offerings and quick customization capabilities have positioned us as a secure, long-term investment choice for organizations.”

About Mortgage Builder Software, Inc.

Headquartered in Southfield, Mich., Mortgage Builder Software, Inc. has been providing high-quality loan origination software (LOS) to mortgage bankers, community banks, credit unions and financial institutions for nearly 10 years. Mortgage Builder® is an end-to-end mortgage lending solution for both retail and wholesale production. Their flagship product delivers everything from pre-qualification and Web integrated services through interim servicing and loan delivery. Mortgage Builder maintains the highest customer retention in the industry and is the first provider of a Linux-based LOS. Mortgage Technology magazine named Mortgage Builder as one of the industry’s top 100 technology vendors and a finalist for Mortgage Technology’s 2007 Help Desk award, which recognizes outstanding customer service.