S.B.S. Trust Deed Network

11/3/2007
Applied Business Software and S.B.S. Trust Deed Network Announce Strategic Partnership
FOR IMMEDIATE RELEASE
LOS ANGELES, Calif., November 2, 2007 - Applied Business Software Inc. (“ABS”), developer of The Mortgage Office™, the leading loan servicing software solution for the lending industry, and S.B.S. Trust Deed Network (“SBS”), provider of a complete spectrum of trustee services since 1978, announced today that they have formed a strategic partnership to provide full product integration between The Mortgage Office™ and the services provided by SBS.
The Default Services and Tracking module (“DST”) of The Mortgage Office™ provides a bi-directional interface between ABS’ Loan Servicing module and SBS in a real-time environment, dramatically reducing the error-prone task of gathering information, the need for photocopying, mailings, shipping, phone calls and faxes.
How does it work?
With a simple click of a button, you can request SBS to start a foreclosure. Instantly, all pertinent data is electronically transmitted from ABS’ Loan Servicing module to SBS for processing. At any time, users of The Mortgage Office can view the Foreclosure Status screen and watch as information is updated automatically at each stage of the foreclosure process. When their borrowers and lenders call, they have all of the information they need at their fingertips.
Until now, automated, integrated systems such as these have only been available to large banks and national servicers, allowing them to take advantage of the latest technologies and reducing their costs dramatically. With DST users of The Mortgage Office have the same capabilities and functions, and at an unbeatable price.
Jerry Delgado, president of ABS, stated, “This alliance between ABS and SBS creates a fully integrated system comparable to those offered by larger system integrators, allowing our customers to order default services in an efficient, fully automated, bi-directional electronic format. We’re proud of our reputation for excellence, both in our products and in our people. Our large network of satisfied ABS customers is proof of our commitment to providing personal, efficient, quality customer service all day, every day. We realize how important your software system is to the success of your business and we take our responsibility as your software provider very seriously. We at ABS are committed to quality and to providing you with reliable, state-of-the-art, cost-effective mortgage software and loan servicing solutions.”
About S.B.S. Trust Deed Network
SBS Trust Deed Network, a financial services company located in Westlake Village, California, has been providing a complete spectrum of trustee services since it was founded in 1978. SBS provides foreclosure services in California, Arizona, Washington and Nevada. We coordinate all activities with attorneys and affiliate trustee companies to process foreclosures in all other states. SBS operates as a fully automated, technically advanced, in-house processing center. We design our service to meet our client's needs. Over the years, SBS has established the enviable reputation of providing the personal service, attention to detail and technical expertise required to handle any transaction from the simplest to the most complex. Our “team” stands ready to provide the comprehensive, personalized service you expect. For additional information about SBS’s products and services, visit www.sbstrustdeednetwork.com or call (800) 678-7171
About Applied Business Software
Applied Business Software, founded in 1978 and creator of The Mortgage Office™, is a market leader and global provider of software systems and solutions to the mortgage lending industry. The Mortgage Office™ is a complete suite of software products designed from the ground up to specifically address the needs of those who service loans and mortgage pools. The Mortgage Office™ has consistently rated superior in design, system interface, expandability, and ease of use. This true 32-bit Windows application collaborates fully with the Microsoft Office suite of products and is designed to make loan servicing more profitable and your overall business run more efficiently. ABS is based in Long Beach, California. For additional information about ABS’s products and services, visit www.themortgageoffice.com or call (800) 833-3343.
Press Contacts
Applied Business Software, Inc.
Jerry Delgado
President
(562) 426-2188
jerrydelgado@absnetwork.com
S.B.S. Trust Deed Network
Mitch J. Willet
President
(818) 991-4600
mitch@sbstrustdeed.com
For expert assistance and uncompromising service at a competitive price, please don’t hesitate to contact us.
SBS Trust Deed Network has been in business since 1978 and our staff of professionals are ready to serve you.
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