Business process outsourcing and learning solutions provider Indecomm Global Services has completed the acquisition of Mortgage U Inc., a mortgage training company that focuses on regulatory compliance.
Under the alliance agreement Indecomm’s new mortgage learning services will be branded as Indecomm-Mortgage U.
The acquisition will allow Indecomm to expand its mortgage training,
The acquisition completes a process of blending technology and content that was over two years in the making, said Rajan Nair, president, financial services, Indecomm Global Services.
New services will expand mortgage business compliance support starting with loan application and through servicing.
Following the merger Mortgage U and Indecomm will combine their regulatory knowledge and systems, said Mortgage U president and co-founder, Alice Alvey.
In addition, it enables Mortgage U to provide “better economies of scale” in times whenthe surge of new regulations is redefining the mortgage business.
Indecomm’s proprietary Yellow Platter Learning Management System will be combined with the Mortgage U extensive
Off-the-shelf training courses may focus on loan origination, including processing, underwriting, closing and post-closing audits, and servicing issues.
The integrated Indecomm-Mortgage U compliance training includes operational implementation and effective customer service courses about mortgage specific federal regulations, policies and procedures.
