| Mortgage Technology Magazine Publishes Coriendo CEO’s Business Process Management Article | ||
| Rosemont, PA, September 10, 2004: Mortgage Technology Magazine’s August/September 2004 issue features an article by Coriendo CEO Peter McGrath, entitled "Going from Paper to Digital with BPM Technology." The article appears as the featured article in the magazine’s Tech Perspectives column (pages 10-12). Mortgage Technology Magazine is a publication of Thompson Media. | ||
| McGrath’s article, written from his own perspective as a customer, focuses on the inefficiencies and problems encountered by borrowers in the mortgage finance process. His article states that: “The mortgage loan industry and the related title insurance business are bogged down with numerous old-fashioned paper-based, inefficient processes.” He argues that the only cost-effective solution is one that begins with converting paper documents into digital form so that technology solutions such as business process management software can then be put to use. | ||
| The article appears to have stuck a cord with some readers who have experienced difficulties with their own mortgage financings. In response to the article one reader wrote: “Your process seems ideally suited for this industry. I have painfully suffered through multiple house closings and/or refinancings over the years.” |
| And another reader who works for a mortgage company in the Mid-West wrote: “I do agree that having more access to digital documents and doing stuff online would be much more efficient in the mortgage process.” | ||
| For an expanded version of McGrath’s paper entitled “Business Process Management Technology and The Residential Mortgage Finance Process: Opportunities for Cost Savings and Increased Efficiency” click here or contact us as indicated below. | ||
| About Coriendo, LLC | ||
| Coriendo, LLC is based in Rosemont, PA and provides business process solutions to business and governmental organizations using Enj, www.enjbiz.com an award-winning business process management technology. For more information please contact: | ||
| Peter McGrath Coriendo, LLC Bala Pointe Office Center 111, Presidential Boulevard Suite 246 Bala Cynwyd, PA 19004 +1 610-747-0345 pmcgrath@coriendo.com |