FOR IMMEDIATE RELEASE
LOS ANGELES, Calif., October 10, 2011 – Applied Business Software Inc. (ABS), developer of The Mortgage Office™, the leading loan servicing software solution for the lending industry, is excited to announce that the Indiana Housing & Community Development Authority (IHCDA) has selected The Mortgage Office™ as its servicing technology to manage its growing portfolio of loans.
IHCDA needed a more robust and flexible loan servicing platform to manage their portfolio of construction and tax credit related loans. Another requirement was that the software be cost effective, and could expand as their portfolio grew. “We are pleased to add IHCDA to our growing family of customers, and I have no doubt The Mortgage Office™ will help them service their portfolio of loans, provide better reporting, and increase efficiencies”, says Jerry Delgado, president of ABS.
About Indiana Housing & Community Development Authority
IHCDA’s work is done in partnership with developers, lenders, investors, and nonprofit organizations that use their financing to serve low- and moderate-income Indiana residents. IHCDA leverages government and private funds to invest in financially sound, well-designed projects that will benefit communities for many years to come. The activities that IHCDA finances help families become more stable, put down roots, and climb the economic ladder. In turn, communities grow and prosper, broadening their tax base, creating new jobs, and maximizing local resources. IHCDA’s work is truly a vehicle for economic growth. www.ihcda.in.gov.
About Applied Business Software
Applied Business Software, founded in 1978 and creator of The Mortgage Office™, is a market leader and global provider of software systems and solutions to the lending industry. The Mortgage Office™ is a complete suite of software products designed from the ground up to specifically address the needs of those who originate and service loans. The Mortgage Office™ has consistently rated superior in design, system interface, expandability, and ease of use. The Mortgage Office™ collaborates fully with the Microsoft Office suite of products and is designed to make loan servicing more profitable and your overall business run more efficiently. ABS is based in Long Beach, California. For additional information about ABS’s products and services, visit www.themortgageoffice.com or call (800) 833-3343.
For Applied Business Software, Inc.