TeleTech, LenderLive Form Alliance

Englewood, Colo.-based TeleTech Holdings Inc. and LenderLive, a Glendale, Colo.-based mortgage fulfillment provider, have entered into an exclusive partnership that brings a global delivery network to LenderLive's operations.LenderLive and TeleTech, a business process outsourcing provider of customer management and transaction-based processing systems, offer their combined services to retail and wholesale channels and mortgage conduits, allowing lenders to increase the speed and efficiency of their current processing services and converting lenders' fixed costs to variable costs. The multiyear partnership agreement includes mortgage origination, fulfillment, processing, and portfolio protection. LenderLive and TeleTech also generate integrated sales reports that span from original lead generation to close of sale. The companies can be found on the Web at http://www.teletech.com and http://www.lenderlive.com.