Bear Stearns said that UniFi PRO provided it with comprehensive workflow functionality, document production, management reporting and advanced support for multiple business channels. During the implementation process, UniFi PRO’s PowerTools and Automated Task Engine were used to customize screens and workflows, as well as write business rules to minimize human intervention throughout the loan process and reduce data entry to move loan applications quickly toward closing.
The company now has plans to integrate UniFi PRO into its existing BearDirect.net online platform to produce subprime, alternative-A and piggyback loans.
We attempted the impossible: implementation of a highly configurable, multichannel loan operating system within a six-month time frame to meet our aggressive business plan, said Jeff Walton, CEO of Bear Stearns Residential Mortgage.
Fiserv Lending Solutions and Bear Stearns Residential Mortgage joined together to make this a success. We were up and running with UniFi PRO on time and on budget. We could not ask for a better partnership.
