MortgageHub`s Knowledge Process Outsourcing Services Re-branded to Operate Under ISGN Name

Released on: October 16, 2007, 5:14 am

Press Release Author: Uma Mahesh

Industry: Computers

Press Release Summary: MortgageHub's parent company, India-based ISGN, takes move in
further establishing its name as a leader in the U.S. mortgage market, focuses on
high-growth KPO segment



Press Release Body: - ISGN Technologies Ltd., a leading global technology and
services company providing end-to-end solutions to the U.S. mortgage industry, has
re-branded the knowledge-process outsourcing (KPO) services offered by its
subsidiary MortgageHub, the industry's leading provider of mortgage solutions and
web-based systems for the servicing wholesale, retail, and construction channels.
This move is in line with ISGN's plan to establish itself as the preeminent brand
for end-to-end solutions for companies in the mortgage industry.
Recently, ISGN has aggressively acquired leading mortgage software companies that
include MortgageHub and Dynatek. MortgageHub joined the ISGN family in August 2006,
and itself acquired Fair Isaac's mortgage offerings, including Diamond loan
origination software, BridgeLink mortgage networking solution, and technologies and
services for loan servicing, default management and construction lending. Dynatek, a
leader in mid-tier mortgage automation solutions, was acquired in May 2007.
Together, these solutions comprise ISGN's end-to-end suite of software and related
services for lenders of all sizes.
ISGN and its team of industry veterans have now launched process optimization and
outsourcing services built on the proven software platforms of these acquired
companies. With service offerings that include the most comprehensive outsourcing,
consulting and technology solutions, ISGN enables lenders to achieve time and cost
savings of up to 75 percent with its no-overhead, variable, on-demand pricing
models.

ISGN's initial knowledge process outsourcing initiatives include:

. Strategic Default Solutions, a division that in association with the USFN,
formerly the U.S. Foreclosure Network, has announced the Home Retention Alliance
(HRA);


. Construction Lending Services, a single-source provider of end-to-end solutions
for construction lenders; and


. Advisory Services, which offers complete, turnkey outsourced solutions for the
entire mortgage lending process.

ISGN plans to launch additional, branded KPO services in the future. "ISGN entered
the U.S. mortgage market at a time when the industry was contracting, and developed
solutions that would impact lenders and borrowers most effectively," says Krishna
Srinivasan, vice chairman and chief executive officer, of ISGN.


Web Site: http://www.isgn.com

Contact Details: 114, Sir Theagaraya Road,T Nagar,Chennai - 600017, India
Office - (91) 44 4393 9393 | 2815 3515
Fax - (91) 44 2815 3514

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