Dorado Corp., a mortgage technology provider based in San Mateo, Calif., has entered a strategic alliance with First Canadian Title.Under the agreement between the two companies, First Canadian Title will be the exclusive distributor of Dorado's Enterprise Lending System to mortgage lenders and banks in Canada, and the Canadian company will not distribute any other companies' loan origination technology. "Dorado's on-demand loan origination technology is a complementary component to Canadian Title's end-to-end integrated lending solution," said David Wybrow, senior vice president of First Canadian Title.
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