CoreLogic Dorado Named Top 50 Vendor in Mortgage Technology
Company is the Only Provider on the Mortgage Technology Magazine Top Vendor List to Provide an End-to-End SaaS-based Loan Automation and Pricing System
San Mateo, Calif.—December 8, 2008—CoreLogic Dorado Corporation, a a leading provider of intelligent software-as-a-service systems to the financial services industry, announced today that it has been recognized as a Top 50 Technology Vendor by Mortgage Technology magazine, a Thomson Media publication.
In announcing the honor, the publication cited CoreLogic Dorado's deep experience and client roster of leading financial service companies. Founded in 1998, the company has grown rapidly over the last decade, and today counted amongst its customers in 2008 five of the top ten U.S. originators. The company recently won it's first Canadian client – a top five bank.
"We are honored to be recognized by Mortgage Technology magazine as a leading industry services provider," stated David Hultquist, the company's Vice President of Marketing. "The publication is a longstanding and leading technology news resource for the mortgage industry and we view our inclusion in their Top 50 list as a strong validation of our leading role in the area of consumer lending technology."
"Significantly," Mr. Hultquist continued, "despite the claims of many technology vendors in the industry to have a web services offering for their clients, CoreLogic Dorado is the only vendor on the top 50 list that offers a complete loan origination system – from lead to funded loan – built entirely on a SaaS (Software as a Service) model. Moreover, CoreLogic Dorado runs mission-critical operations on its system for top 10 lenders – our solutions are capable of handling an enormous volume of loan transactions at rapid pace. There are but a handful of companies who can handle the same workload – and none of these companies provide the flexibility, agility, or functionality of CoreLogic Dorado's SaaS solutions."
In addition to this most recent honor, CoreLogic Dorado was named one of INC. magazine's Top 500 Fastest Growing Companies in 2007.
About CoreLogic Dorado Corporation
CoreLogic Dorado is a leading provider of intelligent software-as-a-service systems to the financial services industry. The company offers banks a fully automated system for managing and tracking the consumer lending process from point-of-sale through funding. Along with the benefits of SaaS – increased functionality and dependability with minimal capital costs, flexible configurations, and rapid deployment, CoreLogic Dorado's patented workflow solutions uniquely enable users to monitor transactions in real-time and to collaborate across multiple parties. CoreLogic Dorado customers gain competitive advantage via efficiencies, better control over the product mix, and built-in compliance. Moreover, the company's pay-for-performance model provides a predictably priced alternative to single-point solutions, closed systems, and internal development. Founded in 1998, CoreLogic Dorado is a privately held company with operations in California, Florida, Virginia and India.
Contacts:
Kristina J. Yee
Sr. Director, Marketing & Communications
CoreLogic Dorado Corporation
+01.650.227.7329
Mike MacMillan / Chris Sullivan
Public Relations Counsel
MacMillan Communications
+01.212.473.4442
Copyright © 2008 CoreLogic Dorado Corporation. All rights reserved. The CoreLogic Dorado logo is a registered trademark of CoreLogic Dorado Corporation. Other company and/or product names may be trademarks or registered trademarks of their respective companies.
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