HomeBanc Mortgage Corporation
HomeBanc Mortgage Corporation uses Microsoft’s BizTalk Server for Trading Partner Integration (TPI) solution.
HomeBanc Mortgage Corporation was ranked first in volume of mortgage lending in the Atlanta market from 1998 to 2002. By 2003, HomeBanc had reached almost $6 billion in mortgage loan production through its strategic growth initiatives. In January 2005, one of the largest retail residential mortgage lenders in the Southeast, they were ranked No. 20 on the 2005 annual FORTUNE magazine “100 Best Company’s to Work For” list (up from No. 39 last year). HomeBanc is well positioned to take advantage of the market’s rapid growth, with the confidence in their ability to out perform all other mortgage lenders by offering an unconditional customer service satisfaction guarantee to every customer.
With their new web-based loan system, HomeBanc needed systems to retrieve underwriting
information in an automated fashion from two major underwriting services, Freddie
Mac and Fannie Mae. The existing process utilized two different providers for costly
“leased line” communication with external vendors. In addition the system
was based on custom code that was difficult to manage with little enterprise visibility
into the process. They expected to be able to quickly and efficiently integrate
the new system, by implementing Microsoft® BizTalk® Server to accelerate and standardise
its file transfer formatting procedures. As a consequence, the mortgage company
has seen its file transfer processes cut tremendously. They can now provide customers
with the greater value-added service that is a key differentiator for companies
in this industry.
“HomeBanc has greatly improved their automated underwriting process and saved operating costs. BizTalk provided a lower cost integration solution, a more effective support infrastructure, and replaced systems built on custom code and non-standard communication protocols.”
– Adam Brannon, Innovative Architects