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Banking industry

Contour Software Partners with Tuttle Decision Systems to Enhance Mortgage Processing Capabilities

Strategic Insights

— 1 min read

Contour Software, a leading mortgage software and services provider, has formed a strategic partnership with Tuttle Decision Systems to integrate Tuttle's Loan Officer Plus (LOP) pre-qualification product into Contour's flagship product, The Loan Handler. This alliance aims to provide mortgage lenders with a comprehensive and efficient loan processing solution, further solidifying Contour's position as a technology leader in the mortgage lending industry.

Key Takeaways:

  • Contour Software, a subsidiary of The First American Financial Corporation, has partnered with Tuttle Decision Systems to integrate Tuttle's Loan Officer Plus (LOP) pre-qualification product into Contour's flagship product, The Loan Handler.
  • The integrated system will provide loan officers with automated contact management, borrower pre-qualification, loan comparisons, access to current loan programs/pricing, and a product selection engine.
  • The partnership aims to enhance productivity, efficiency, and client service for mortgage brokers and lenders.
  • The integrated system is currently being used by 7,500 loan officers at companies such as FT Mortgage, McCue Mortgage, and Greenwich Mortgage.
  • Tuttle Decision Systems' Loan Officer Plus product has been acquired by Home Advisor Technologies Inc. and its primary features include automated contact management, borrower pre-qualification, loan comparisons, access to current loan programs/pricing, and a product selection engine.

Statistics:

  • 7,500 loan officers currently utilize the integrated system.
  • Contour Software has a customer base of 40,000 active seat licenses.
  • Tuttle Decision Systems provided hedging services for over $110 billion in mortgage loans in 1999.
  • The First American Financial Corporation is the nation's leading provider of business information and related products and services.

Sources:

  • Business Wire. "Contour Software Forms Strategic Partnership with Tuttle Decision Systems." March 21, 2000.
  • About First American Financial. Available at: www.firstam.com.
  • About Contour Software, Inc. Available at: www.contoursoft.com.
  • About Tuttle Decision Systems, Inc. Available at: www.tuttle.com.

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