eDominate Announces Paperless Loan Origination System: Technology Focuses on Resource Conservation

Phoenix, AZ, December 02, 2007 --(PR.com)-- eDominate Inc, a global provider of buying-cycle management software for financial institutions, today announced the launch of LOS Green, a paperless lending solution that allows lenders to originate and close loans electronically. This eco-conscious solution provides an end-to-end system for origination, processing, underwriting, disposition, closing, and boarding loans — all done with electronic documentation, communications, and reporting. Financial institutions will also have access to electronic signature and secure document storage.

“Community-focused financial institutions are shifting away from manual processes and wasteful paper trails, and moving towards electronic solutions that greatly reduce cycle times, resource conservation, and process efficiencies,” said Mike Einsel, VP Global Channel Development at eDominate. “Our new LOS Green technology supports those efforts while improving departmental communications, compliance and audit procedures, and overall customer satisfaction with lending.”

Financial institutions can further reduce time and costs with eDominate’s secure messaging center which can ensure that all loan documents are produced correctly, reviewed, authorized, and distributed to key loan parties: Borrowers, realtors, title, insurance, etc. Over the next several months eDominate will be holding a series of Webinars to showcase the LOS Green solutions; schedule your time today by visiting www.edominate.com/green.asp.

About eDominate
eDominate Inc. (“eDominate”) is a global provider of buying-cycle management software for financial institutions. Banks, credit unions and finance companies use eDominate software to extend their lending cycles into more profitable buying-cycles — leveraging greater customer service and sales opportunities to dominate their markets. eDominate uniquely supports commercial, consumer, indirect, and mortgage lending, from online marketing and origination through back-office processing, underwriting, closing, boarding, and audit. eDominate software can be delivered internationally and customized to accommodate almost any lending process. For more information, please visit www.eDominate.com

eDominate, Inc
Mike Einsel