Press Release from The Mortgage Office

Order Loan Servicing Supplies and Register for Seminars Online

In a continuing effort to improve our customers’ experience with The Mortgage Office™, ABS has automated the process of ordering supplies and registering for seminars. The new Order Center is found on the Order menu of our Online Center, which is found on the Online menu of The Mortgage Office™. You can order supplies such…
Press Release from The Mortgage Office

Are You Ready to Comply with Truth in Lending Final Rule Effective April 1, 2010

The Bad News The rule establishes a new category of “higher-priced mortgages” that includes virtually all closed-end subprime loans secured by a consumer’s principal dwelling.  Which loans qualify as “higher-priced” will be determined by a new index that will be published by the Federal Reserve Board. The rule requires that lenders establish escrow accounts for…
Press Release from The Mortgage Office

Applied Business Software Announces Full Support for Canada’s Goods and Services Tax (GST) and Harmonized Sales Tax (HST)

FOR IMMEDIATE RELEASE LOS ANGELES, Calif., December 2, 2009 – Applied Business Software Inc. (“ABS”), developer of The Mortgage Office™, the leading loan servicing software solution for the lending industry, is excited to announce full support for Canada’s GST/HST. The upcoming release of version 1.9.18 of The Mortgage Office™ fully automates the process of calculating,…
Press Release from The Mortgage Office

Applied Business Software Receives CDFI Transaction Level Report Certification from CIIS

FOR IMMEDIATE RELEASE LOS ANGELES, Calif., November 27, 2009 – Applied Business Software Inc. (ABS), developer of The Mortgage Office™, the leading loan servicing software solution for the lending industry, announced today that it has received Transaction Level Report (TLR) certification for CIIS 7.0 from the Community Investment Impact System (CIIS). CIIS is the web-based…

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