AllRegs, a company that provides the mortgage industry with a centralized repository of underwriting guidelines and product manuals, has announced the strategic purchase of “Merit
Matrix”:http://www.meritmatrix.com, a division of technology solutions provider Intraprise Solutions, Inc.
AllRegs says the purchase of Merit Matrix allows the company to better serve mortgage bankers who depend on AllRegs content to remain in compliance and to ensure quality control.
“The acquisition of Merit Matrix allows us to better serve the mortgage industry by providing fast, accurate answers to today’s business challenges,” said Glenn Ford, founder, chairman and chief executive officer of AllRegs. “We welcome the Merit Matrix staff to the AllRegs family and look forward to incorporating this robust information into our suite of products.”
Because of the purchase of Merit Matrix, AllRegs says it can “round out its content available to mortgage bankers with more than 64 investors and nearly 3,000 loan products.”
Jeff Fisher, president of Intraprise Solutions, Inc., added, “We are proud of the Merit Matrix product, and what our staff has accomplished over the past years. Merit Matrix is a perfect complement to the AllRegs suite of products.”
Author: Kerri Panchuk
• Date: 04/30/2008