MacDonald, Dettwiler and Associates Ltd. (TSX: MDA), a provider of essential information solutions, announced today that MDA Lending Solutions has signed a contract with a leading US mortgage lender to provide them with a comprehensive property information search solution as part of the customer's lending process.
MDA Lending Solutions is the first of only two national providers selected to integrate into the customer's loan origination workflow.
The contract is part of the lender's plan to transition from multiple independent vendors not integrated in the workflow, to two information partners who are integrated. As a key partner in this process, MDA Lending Solutions is leveraging its resources and technology to increase loan origination productivity.
Mike Dealy, president of MDA Lending Solutions stated, 'The award of this new business helps to reaffirm our strategy to integrate our data and information solutions directly into the customer's workflow in order to provide our customer with a cost effective solution to their property information needs.' -- www.cnxmarketlink.com
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