Author Archives: Bill Rudzitis

About Bill Rudzitis

Bill Rudzitis is one of the founders of Delta 360 Inc. with 20 years experience in the mortgage technology space developing mortgage administration solutions. Bill is the VP, Product Management at Delta 360, where he oversees the product direction of the solution set by leveraging the latest technology solutions to solve real market problems

MARKHAM, ON, March 20, 2012 Delta 360 Inc. is pleased to announce that MonCana Bank of Canada has launched its LMS360 end-to-end mortgage processing solution.  In addition to LMS360’s Servicing, Retention, Accounts Payables, Municipal Tax Administration and Securitization capabilities, MonCana Bank is the first financial institution to use our new Origination module.  The Origination module … Read more

MARKHAM, ON, December 14, 2011 Delta 360 Inc. announced today the launch of its Master Servicing solution. Our solution provides aggregators / MBS issuers with functionality for the cash management, reporting and auditing of information provided by mortgage servicers, and other third parties. “We are excited to offer our Master Servicing solution to the marketplace”, … Read more

Rob McLister from Canadian Mortgage Trends (CMT) has posted a One-on-One interview with James Clayton at MonCana Bank. James provided insights into MonCana Bank’s positioning and their product offerings.  See below link to either listen to the interview or read the transcript: www.canadianmortgagetrends.com/canadian_mortgage_trends/2011/12/one-on-one-with-moncana-banks-james-clayton.html

In the June 2011 issue of Mortgage Technology magazine, there is an interesting article regarding “In the Browser vs smart client software as a service”. Delta 360 has selected smart client SaaS as our preferred delivery method to our customers because of the superior user experience it provides, but the article outlines some pros and … Read more

Delta 360 Launches Loan Origination Solution

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MARKHAM, ON, June 30, 2011 Delta 360 Inc. announced today the launch of its new origination module as part of the LMS360 suite. The origination module, Origination.LMS360 expands existing capabilities to include the underwriting, and fulfillment, of mortgages and loans. The underwriting module provides a multi-channel loan fulfillment solution that enables centralized viewing and control … Read more

Upcoming Event: MBSIA 2011 Golf Day

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The 2011 MBSIA GOLF DAY is on Friday, May 13th, 2011 at the Richmond Hill Golf Club Richmond Hill, Ontario.  The MBSIA exists to provide mortgage loan securitization industry participants with a representative organization that acts in the best interests of the industry and investing public in dealing with all matters relating to the securitization of … Read more

Customers automatically assume that when their mortgage lender takes responsibility for administering property taxes on their behalf that the collection and remittance process will run smoothly.  When it does, customers don’t give it another thought.  When it doesn’t, customers become very dissatisfied with the lender as a whole. Why are customers dissatisfied?  Most lenders collect … Read more

MARKHAM, ON, December 21, 2009 Derek Cook, Delta 360 Inc. President, is pleased to announce that Delta 360’s hosted mortgage services have successfully passed a CICA 5970 audit for the controls over its Software as a Service (SaaS) operations and information technology infrastructure. The scope of this audit included Delta 360’s entire LMS360 Mortgage Servicing … Read more

MARKHAM, ON, November 13, 2008 Delta 360 Inc. announced today the introduction of a suite of municipal property tax tools which allow lenders to: quickly and accurately identify the municipality for a given property calculate the tax portion to be collected with the mortgage payment to ensure an accurate underwriting decision can be made and … Read more

MARKHAM, ON, March 3, 2008 Street Capital Financial Corporation, a new Canadian mortgage lender, has launched using Delta 360’s services, and technology solutions. Delta 360 has implemented several solutions for Street Capital including a web based loan pricing tool, data mart, and commission system. In addition, overall web site development, including a mortgage broker portal, … Read more