Mortgagebot, a leading provider of Web-based mortgage application software and processes, has been purchased by Davis + Henderson, a Canadian Financial Software firm.
Mortgagebot says it has 1000 bank and credit union clients in the U.S.
"By acquiring Mortgagebot, D+H further advances our strategic diversification agenda, we extend the range of integrated solutions we offer within the financial services marketplace, and we add an important dimension to our capabilities in a core lending services area," said Bob Cronin, CEO of D+H.
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