Fiserv Aids Bank of West
Fiserv Lending Solutions said that Bank of the West, a San Francisco-based subsidiary of BancWest Corp., will use its end-to-end technology platforms to expand its branch-focused mortgage operations.
Fiserv said the genesis of the relationship began in 2005 when Bank of the West acquired Commercial Federal Bank, Omaha. That bank used Fiserv's UniFi PRO loan origination technology and the MortageServ loan servicing system.
Fiserv provided a UniFi PRO support team to help the bank with specialized business and technical support to best harness the two software's open architecture and task management functionality. That support team is currently working with Bank of the West to streamline Form 1003 uniform residential loan application processing.
Bank of the West uses the MortgageServ system on an application service provider basis.
BancWest Corp. is a subsidiary of BNP Paribas. With assets of $55 billion, Bank of the West is now the third-largest commercial bank headquartered in the West. (c) 2006 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com http://www.sourcemedia.com