Loan-Origination Software Deal Made
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COSTA MESA — Electronic Mortgage Banc Ltd., a wholly owned subsidiary of Pacific International Inc., said it will join with BLD Technologies of Dallas to sell and distribute its interactive loan-origination software.
Electronic Mortgage uses Intel Corp.’s interactive video conferencing ProShare System to deliver its loan-origination software, M.A.X. (Mortgage Approval Xpress) directly to the consumer. BLD has agreed to sell and distribute a minimum of 600 units--consisting of computers, the Intel system and the M.A.X. software--over the next eight months.
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