FCT congratulates Delta 360 on its recent successes with their Lending Management Suite of software modules
Posted by Bill Rudzitis
Markham, ON, November 7, 2012
FCT is excited about the recent success of Delta360’s launch of their LMS360 underwriting solution into the Canadian banking industry. The LMS360 platform now seamlessly processes mortgage originations, including underwriting and advancing, through servicing, and securitization, of mortgages using whole loan, or MBS sale. “As a majority owner of Delta360, FCT remains committed to and focused on the opportunities to grow this business by leveraging the synergies between the two companies, including the services offered through FCT’s Default Solutions division” said Michael Leblanc, Executive Vice President and Chief Operating Officer at FCT.
“We have been very fortunate to have FCT as a partner for the past 6 years.” said Derek Cook, President of Delta 360 Inc. “Their strong support has allowed us to enhance and evolve the LMS360 platform to the point that it is now the most flexible, feature rich and efficient mortgage and loan platform in Canada. We look forward to working together to continue to bring innovative products to the Canadian banking industry.”
About Delta 360
Delta 360 Inc. is a Canadian based technology provider focused on delivering superior mortgage and lending software solutions to the Canadian financial industry. Delta 360 was founded in 2005, however, the leadership team has a proven track record in the Canadian Lending market in delivering on time and on budget since 1985.
Delta 360 engages in implementing software solutions for various banks, mortgage lenders and credit unions across Canada. The company specializes in combining work flow, scoring and document management technologies, with a robust and configurable loan servicing and underwriting platform. Our product set is parameter driven, and highly configurable, expediting the implementation and reducing the ongoing cost to support the solution.
In addition, it also provides a wide range of professional services, such as, consulting and custom solutions and IT strategies, infrastructure implementation, custom development, and project management.
For more information about Delta 360 Inc., visit www.delta360.com
The FCT group of companies includes FCT Insurance Company Ltd., which is Canada’s leading provider of title insurance, and First Canadian Title Company Limited, which offers other real-estate-related services. Our customer base is comprised of more than 300 lenders, 12,000 lawyers and notaries nationwide, real estate agents, mortgage brokers and builders. Founded in 1991 and based in Oakville, Ontario, FCT employs 800+ people from coast-to-coast who offer customers superior protection through unmatched underwriting expertise, financial strength and stability. Insurance is provided by FCT Insurance Company Ltd., with the exception of commercial policies, which are provided by the Canadian branch of First American Title Insurance Company. Services are provided by First Canadian Title Company Limited.
FCT has been recognized as one of the 50 most engaged workplaces in Canada in 2012.