Livonia, Mich.-based Dynatek has announced an update to its MORvision product to support the demand for home equity lines of credit at the Mortgage Bankers Association Annual Convention in San Francisco.According to the MBA Midyear Survey, HELOC originations increased 76.8% in the second quarter of this year. As a result, Dynatek added special data fields, screens, calculations, forms, and report modifications at no additional charge to users. Dynatek said all updates meet government regulations, as MORvision provides field-level security, filtering, and Home Mortgage Disclosure Act reporting. Dynatek can be found on the Web at http://www.dynatek.com.
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