YASU Releases White Paper on "How to Choose a BRMS for a Loan Origination System in 5 Simple Steps"

Hyderabad, Andhra Pradesh, India

YASU Technologies, a provider of Business Rules Management Systems (BRMS), today released another white paper, a second in sequel, on "How to choose a BRMS for a Loan Origination System in 5 simple steps?"

The white paper reasons out why mortgage companies must embrace Business Rules Management System (BRMS) technology to keep themselves competitive and stay profitable in these trying conditions. The paper says that using people to process loan applications decreases profitability of the company in several ways, and the BRMS technology is emerging as a panacea to the problem of increasing automation in loan origination.

The white paper says the obvious benefits from the BRMS technology are manifold: 1) reduction in people-related costs, including salaries, training costs 2) increase in commission collections 3) institutionalization of knowledge, ensuring correct policies are implemented 4) reduction in the sales cycle timeframes.

However, it says mortgage companies need to be smart while choosing a BRMS product. This white paper also outlines some basic questions that mortgages companies must ask, and provides hints on what kind of features in a BRMS product will help automate loan origination processing.

"Embracing BRMS technology when mortgage companies are going through difficult times becomes imperative. Customers have to achieve high levels of automation and agility in their business, and only BRMS can bring the agility to change business policies quickly. The big question is not 'if' but 'which rules management system to use'. With lots of vendors offering various features and options, the onus is on the lender to choose the system that fits their requirements and budgets," said Satish Madhira, CEO, YASU Technologies.

To read the complete white paper, please visit:
http://www.yasutech.com/go/loan/whitepaper

The first white paper on 'How Mortgage Companies Can Achieve 95% Automation Levels' was released in August, 2007. If you wish to download this white paper, please visit: The white paper is freely available on http://www.yasutech.com/go/mortgage/whitepaper

About YASU Technologies
YASU, a leader in the Business Rules Management System (BRMS), provides business rules solutions for both Java and .NET platforms. QuickRules BRMS platform provides advanced tools for business analysts and developers enabling business rule modeling, analysis, implementation and management with advanced tools for analysis and simulation of business rules.
Patronage by Bayerische Motoren Werke AG (BMW), International Truck and Engine Corporation (ITEC), Scottish Power PIC, Bank of New York, Bombay Stock Exchange, Discovery Holdings, JPMorgan Chase, WebMD, Columbia Insurance Group, Combined Insurance Company of Australia, TransAmerica Occidental Life Insurance Company, Express Capital Lending, Home Loan Center, QUALCOMM Incorporated, Volubill, Deutsche Post AG, Lufthansa Technik Logistik GmbH (LTL) and such 140+ customers and 30+ (Resellers and OEM) partners worldwide has placed YASU among Fast 500 Asia Pacific winners. It is closely monitored by analyst firms across the world.

For more information, visit: www.yasutech.com

Source: YASU Technologies Pvt Ltd (Business Wire India)

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