The nation's first offshore, around-the-clock electronic mortgage processing service has been announced by Miami-based E-OPS.The company said originators fax, upload, or enter data into the E-OPS Web-based system and offshore processors handle all pre-closing processing tasks. E-OPS said it is the first contract processing company to provide online virtual access to customer files with real-time feedback between the loan officer, customers, and third parties. For its offshore processing, E-OPS has signed an exclusive partnership agreement with Wipro BPO, a business unit of Wipro Technologies. "We are processing loans approximately 40% faster than any other available alternative thanks to around-the-clock processing, skilled processors, and cutting-edge technology," said Joe Machado, chief executive officer at E-OPS. "Wipro BPO is a key element of our strategy, and we're impressed with their understanding of our business and ability to optimize the process to drive down costs and turnaround time." The companies can be found online at http://www.eops.cc and http://www.wipro.com.

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