MortgageFlex Interfaces With Freddie's Tools

The LoanQuest Residential Lending System provided by MortgageFlex Systems Inc., Jacksonville, Fla., has been successfully interfaced to Freddie Mac's Loan Prospector online tools. LoanQuest is reportedly the first loan origination system to complete this interface."MortgageFlex is always one of the first companies to step forward when we need vendor adoption of new products and services, and the company is very familiar with Freddie Mac and our technology," said Patricia McClung, Freddie's vice president for Loan Prospector. The interface allows users to more seamlessly access Loan Prospector tools through the LOS. MortgageFlex also announced that Alliance Capital Partners, a privately held mortgage banking firm based in Jacksonville, Fla., has chosen LoanQuest RLS for originating, underwriting, closing, and delivering loans. LoanQuest RLS boasts user-defined menus, built-in security, and a field-edit capability, allowing the system to be tailored to specific user groups and security levels, the company said. The announcements were made at the MBA's annual convention in San Diego. The companies can be found on the Web at http://www.mortgageflex.com and http://www.freddiemac.com.