MortgageHub Launches Construction Lending Unit

MortgageHub, a provider of Web-based systems for the servicing, wholesale, retail, and construction channels, has launched a Construction Lending Services Division.The main construction service offerings of the division -- which the company termed the only all-inclusive, scalable outsourced solution for construction lenders -- include origination fulfillment options such as underwriting and project review, draw administration, and fund control. "In order to complete multifaceted construction lending processes, many lenders currently use fragmented and complex solutions, including manual work-arounds and multiple third-party providers that can result in overall increased costs and portfolio risk," said Robert Imperato, president of MortgageHub Construction Lending Services. "Our One-Call Resolution introduces an entirely new concept to the industry -- offering one point of contact for accessing comprehensive, cost-effective construction lending services that are customized for each client." The company, a subsidiary of ISGN Technologies, can be found online at http://www.mortgagehub.com.