MACON, GA – March 24, 2016 – Lending & Banking Automation Software (LBA Ware) proudly announces HousingWire has recognized the company as a leader in mortgage technology by naming them to the 2016 HW TECH100™.
“The companies in the HW TECH100™ are providing innovative solutions to the traditionally hide-bound mortgage finance industry,” said HousingWire Editor-in-Chief Jacob Gaffney. “In the face of rising costs to originate and service loans, a still-volatile housing market and multiplying regulations, these innovations are crucial to the survival and profitability of those in our industry.”
Each year, HousingWire assesses the housing economy’s technology landscape in search for the most innovative companies. Companies are evaluated based on what HousingWire views as the six dimensions of innovation – market influence, market potential, unique solution, growth, elegant implementation, and something else entirely.
“LBA Ware is honored to be named to the HW TECH100™ list for the second consecutive year,” said LBA Ware founder and lead software engineer, Lori Brewer. “We strive on building quality, value-laden, data-rich applications to help our customers grow and thrive in a challenging environment. To be one of the smallest companies on the list speaks volumes for the impact we are having in the industry.”
As the mortgage industry’s most feature-rich web-based Software as a Service (SaaS) for automated compensation calculations, LBA Ware’s CompenSafe provides mortgage lenders complete control, management, and access into loan production that typical loan origination systems nor spreadsheets can provide. CompenSafe’s automatic compensation calculations and performance dashboard help lenders increase efficiency, productivity, and profitability by eliminating repetitive, manual calculations and dual data entry.
HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.
About LBA Ware
Founded in 2008 and headquartered in Macon, GA, Lending & Banking Automation Software (LBA Ware) is a leading provider of mortgage and retail banking Software as a Service (SaaS) applications that focus on niche segments often overlooked by mainstream software companies. With over 25 lending-oriented applications still in operation today, LBA Ware is a unique disrupter paving the way for future innovations. The success of LBA Ware’s software, including their core applications — CompenSafe, DRAW, and LOS Talker — lies in their ability to leverage automation and system integration to ease the pain points of repetitive manual workflow, thus empowering lenders to maximize productivity and operational efficiency. For more information about LBA Ware and their software solutions, visit www.LBAWare.com.