In Wisconsin, ""LoanSifter"":www.loansifter.com/ has reason to celebrate, following the company's announcement that its revenues have grown during 22 consecutive quarters.[IMAGE]
Statistics from LoanSifter, a provider of product eligibility and pricing software solutions for the mortgage banking industry, indicate an 11.6 percent increase in revenue between the final quarter of 2011 and the first-quarter of the current year.
In an official statement, LoanSifter credited the increasing demand for technology solutions within the industry for its continued rise in revenue. The company also noted that borrowers' expectations of fast, accurate online platforms has contributed to the market's appetite for LoanSifter's services and softwares.
Craig Doriot, LoanSifter's founder and chief technology officer, said, ""We couldn't be more excited about the future of LoanSifter. There is incredible market demand to shift away from the limitations of legacy and proprietary systems toward providers like LoanSifter that are creating best-of-breed technology solutions that excel in a rapidly changing industry.
""Credit belongs to our amazing team and business partners, who have enabled us to generate compelling solutions for changing products, investors, guidelines, regulatory and compliance requirements, all while bringing more advanced and intuitive technology to market.├âÔÇÜ├é┬á This is helping borrowers and mortgage professionals manage their business, mitigate risk, and maneuver the market more effectively than ever,"" he added.