10 Tools to Make Private Lending Easier

In today’s Digital Age, borrowers expect the experience they have with their lender to be as seamless, straightforward, and simple as watching a show on Netflix. Of course, we all know that in reality, private lending is much more complicated. However, to remain competitive in this marketplace, lenders must make the experience feel easy to…

How to Choose Loan Servicing Software

If you are servicing your loans in-house, you probably have outgrown your excel spreadsheets, or worse, found a mistake. Maybe you went the custom software route and have spent a small fortune already, not to mention you now are becoming a software company. Maybe you already bought something and realized it does not do what…

The Power of Servicing Your Loans

Rewarding, Rather than Burdensome! “Servicing is the most exciting part of alternative lending” – said no lender ever. With this said, it can arguably be the most important back office process that helps your firm quickly scale and grow. A lot of lenders try to take on servicing manually with spreadsheets and paper files or…

News from The Mortgage Office

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Applied Business Software Inc., Appoints New Director of Business Development

FOR IMMEDIATE RELEASE LONG BEACH, Calif., May 10, 2022 – Applied Business Software Inc., (“ABS”), the leader in loan servicing and origination software in private lending, announced today the appointment of Nate Goodhart as Director of Business Development. This appointment will further develop one of ABS’s foundational goals: identifying needs of customers and providing solutions…

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ABS Announces the Launch of Their Web-Based Loan Origination Platform for Canada

FOR IMMEDIATE RELEASE LONG BEACH, Calif., November 2, 2021 – Applied Business SoftwareTM (“ABS”), makers of The Mortgage Office®, leader in loan administration and MIC management software, announced today the launch of a fully web-based loan origination system specifically designed for the Canadian market. The Mortgage Office® has been the gold standard in Loan Administration and…

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Applied Business Software Completes Private Equity Transaction with Lometa Capital Partners

FOR IMMEDIATE RELEASE Applied Business Software Completes Private Equity Transaction with Lometa Capital Partners LONG BEACH, Calif., November 10, 2020 – Applied Business Software, Inc. (“ABS”), the leading provider of loan servicing software to the private lending industry, today announced the closing of a strategic growth investment from Lometa Capital Partners (“Lometa”). Lometa’s investment, made…

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ABS appoints Jasen Portero as Chief Operations Officer

ABS appoints Jasen Portero as Chief Operations Officer LONG BEACH, Calif., May 5, 2020 – Applied Business Software, Inc., (“ABS”), leader in loan servicing and origination software in the private lending space, announced today that Jasen Portero, its current Vice President of Development for the last 12 years, has been appointed Chief Operations Officer. As…

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Applied Business Software Announces Exponential Growth in its Services Department

Applied Business Software Announces Exponential Growth on its Services Department LONG BEACH, Calif., March 31, 2020 – Applied Business Software (“ABS”), is excited to announce record growth in the Services Department for the fiscal year 2019. In the 2019 fiscal year, ABS experienced a 38% growth in their newest service: printing, stamping and mailing of…

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