Monday March 27, 5:00 am Eastern Time
Company Press Release
SOURCE: Lioninc.com
CMG Mortgage Selects Lioninc.com to Provide State-of-the-Art Internet Mortgage Solutions
LION's New ASP Service to Automate CMG's Loan Pipeline
SAN RAMON, Calif., March 27 /PRNewswire/ -- CMG Mortgage today announced it has chosen Lioninc.com, a wholly owned subsidiary of LION Inc. (OTC Bulletin Board: LINC - news), as its application service provider (ASP) to support the company's online wholesale origination and fulfillment services. Lioninc.com will customize and host CMG's web site, as well as provide the software applications needed to automate the company's loan pipeline.
``We are very excited about providing CMG with Internet office solutions that compliment their E-commerce strategy,' said Tuck Marshall, president of Lioninc.com. ``By choosing our ASP service, CMG's enhanced web presence will put the company on the cutting edge of the E-mortgage marketplace and provide the flexibility to maintain the company's trailblazing philosophy.'
When completed, CMG's wholesale Internet office will provide brokers with web-based tools that facilitate an efficient and fast loan process. The web site will feature origination applications such as product and pricing search engines, real-time rate locking capabilities, electronic 1003 manager, loan status monitoring and a broadcast E-mail center. All of the Internet office features will be secured by Lioninc.com's access-control module. The access feature provides CMG with complete, secure E-commerce solutions needed to conduct business.
``This enhanced web site will allow us to communicate and handle business both more efficiently and effectively with our broker clients,' said Chris George, president and founder of CMG Mortgage. ``We are looking to this site as a primary portal for our wholesale business, a portal which will eventually translate into a savings of both time and money for our clients.'
About CMG Mortgage
CMG Mortgage was formed to conduct mortgage banking and brokerage. The company currently runs both retail and banking divisions. Ranked as one of the fastest-growing private companies in the Bay Area, CMG originated more than $3 billion in mortgages in 1999.
CMG Mortgage headquarters is located at 3160 Canyon Road, Suite 350, San Ramon, CA 94583. Telephone: 800-501-2001. Fax: 925-866-8247.
About Lioninc.com
Lioninc.com is a pioneer provider of online business-to-business products and services since 1995. It has emerged as the premier provider of cutting-edge Internet products for the over $1 trillion mortgage industry. Lioninc.com brings together borrowers, real estate companies, mortgage brokers, mortgage lenders and financial institutions in order to facilitate home loans in an easy, efficient and quick manner.
Lioninc.com's headquarters is located at 2201 Lind Ave. SW, Renton, WA 98055. Telephone: 800-546-6463. Fax: 425-902-4141. For more information, visit the company web sites at www.lioninc.com and www.lionchoice.com. For more information on LION, Inc. (formerly Plenum Communications) visit www.lioncorp.net.
SOURCE: Lioninc.com |
