WellFound Decade Links to Countrywide

Jacksonville, Fla.-based WellFound Decade Corp., a provider of business integration software, has launched InvestorExpress, a product that permits mortgage sellers to electronically deliver mortgage loan data to their investors, including Countrywide.Countrywide's correspondent customers are the first to benefit from InvestorExpress, which enables the electronic delivery of loans to Countrywide with 98.5% accuracy, according to WellFound Decade. InvestorExpress automatically extracts committed loan data from the seller's system, translates the data into the investor's format of choice, and securely delivers it for upload into the investor's system. (For more on the benefits of this interface, see the March 28 issue of National Mortgage News.) WellFound Decade can be found on the Web at http://www.wellfounddecade.com.