New MortgageFlex Clients Go Live

Lenders are lining up to take advantage of the LoanQuest mortgage origination solution offered by ""MortgageFlex Systems, Inc."":http://www.mortgageflex.com/, the company announced.

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The Jacksonville, Florida-based company touted its newly rewritten LoanQuest system, which is ""smarter and better than ever.""

According to MortgageFlex, seven of its new customers are already live on the .NET version of LoanQuest, and several more are expected to be in full production mode soon.

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New customers range from mortgage bankers to community banks, Credit Union Service Organizations, national banks, credit unions, and state housing finance agencies.

With such a wide range of users, MortgageFlex redesigned its service offerings and hosting options to compliment LoanQuest. Its dedicated hosting environment allows every client an exclusive instance of the application and a dedicated database, providing superior security.

MortgageFlex's list of clients includes ""Kennebunk Savings Bank"":http://www.kennebunksavings.com/, located in Maine. The bank recently went into live production mode.

""The biggest advantages that we have found when using LoanQuest are the process efficiencies we've gained using the workflow functionalities for our back office, and the regulatory parameters that are set up to alert users that there is a potential violation,"" said Patricia Pratt, loan systems administrator for the bank.

""Our customers are telling us that with the market coming back, they don't have the time or resources to squander with inefficient process,"" said John McCrea, SVP of business development at MortgageFlex. ""They are aggressively seeking technology that can eliminate multiple platforms, make the lending process easier for consumers, and improve their internal business processes.""