Dorado Announces Wholesale ChannelMaster 2.0
Accelerates Loan Closing and Enhances Lender/Broker Productivity
San Mateo, Calif. —March 11, 2002—Dorado Corporation, the leader in Demand Chain Management for mortgage banking, today announced Dorado Wholesale ChannelMaster™ 2.0. Wholesale ChannelMaster 2.0 helps mortgage institutions increase broker loyalty by giving them continuous access to the information and services they need to close loans faster. A highly scalable solution, the product has been benchmarked at up to 1000 concurrent users on a single processor. Wholesale ChannelMaster 2.0 is available immediately.
Dorado’s Demand Chain Management (DCM) solutions are Internet applications designed to help lenders more efficiently attract, sell, and retain customers. As one of Dorado’s DCM solutions, Wholesale ChannelMaster helps lenders better collaborate with brokers, enabling them to accelerate the process of submitting and closing loans. Wholesale ChannelMaster 2.0 is engineered for mission-critical B-to-B environments and is able to support thousands of concurrent users.
“We are converting the point of sale into a Point of Relationship™ with Wholesale ChannelMaster,” said Dain Ehring, founder and CEO of Dorado. “With its new scalable architecture, lenders will be able to provide huge networks of brokers with the information and services they need to complete transactions, up and cross sell, and retain consumer relationships.”
New Wholesale ChannelMaster Features
Communicating and collaborating with large networks of brokers can be extremely time-consuming and resource-intensive. Dorado Wholesale ChannelMaster™ 2.0 enables lenders to move back-end processes up to the point of sale, saving hundreds of dollars per loan in communication costs, and providing better service to broker partners. The product represents a significant advancement in the broker experience by offering these new and enhanced features:
- Document Center enables brokers and lenders to share documents.
- Communication Center improves communication and collaboration.
- Task Center provides one-click access to all essential tools, services and information.
- Increased Scalability enables lenders to integrate thousands of brokers into the production process.
- Faster Processing decreases the time it takes to price a loan and receive an approval.
Optional Features
- Contact Manager Integration synchronizes customer information with popular personal productivity applications such as Microsoft Outlook®
- Sales Force Automation (SFA) Integration synchronizes customer information with widely used SFA applications including GoldMine® and ACT!™
- Email Integration allows brokers to automatically personalize standard email messages for their consumers at each step of the mortgage process.
- Mobile Broker provides loan status and alerts via wireless devices such as cell phones and personal digital assistants.
Dorado Wholesale ChannelMaster can be purchased stand alone or configured with the Dorado PriceMaster™ mortgage product and pricing engine.
“Wholesale ChannelMaster 2.0 enables mortgage banks to more effectively leverage and manage the broker demand chain,” said Joseph W. Jennings, president, Dorado. “It helps lenders give brokers the tools, services, and information they need to quickly transform leads into closed loans. And lenders that can make decisions and close loans fastest will receive a larger share of broker business.”
Wholesale ChannelMaster 2.0 will be demonstrated at the Hyatt Regency Atlanta, directly across the street from the Marriott Marquis, during the MBAA National Technology in Mortgage Banking Conference. Contact Tom Wilkins at 650-776-3520 to schedule a demonstration appointment.
About Dorado Corp.
Dorado Corporation is the leader in Demand Chain Management software applications for U.S. home lending banks. Dorado’s mortgage, home equity, and real estate products integrate business customers and consumers into lending processes. Dorado’s Web services-based solutions increase flexibility and efficiency and enable the up- and cross-sale of financial products and services. www.dorado.com
Press contact:
Melinda Mattei
Dorado Corporation
650-227-7329
Copyright © 2003 Dorado Corporation. All rights reserved. Dorado, the Dorado logo, Dorado ChannelMaster, Dorado PriceMaster, and Dorado .MOR are trademarks of Dorado Corporation. Other company and/or product names may be trademarks or registered trademarks of their respective companies.
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