Fiserv acquires LOS vendor PCLender

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Fiserv has acquired PCLender, a US-based provider of "simple, elegant, internet-based mortgage solutions for community banks, credit unions and mortgage bankers".. Fiserv says PCLender’s software is complementary to its existing lending solution suite. The solution is provided on a hosted basis and supports lenders of all sizes.

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The 3 largest banking vendors have been unable to put together a solid suite of. Ellie Mae's Encompass and the other more popular mortgage LOS providers.. With the acquisition of PCLender, Fiserv is looking to provide a.

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Fiserv has acquired payments software vendor Dovetail as it pushes deeper into the payments infrastructure sector. Financial terms were not disclosed. Through the acquisition, Fiserv says it will combine Dovetail’s real-time payments platform, services and business processing with its payment capabilities.

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Fiserv has acquired the assets of PCLender, a mortgage loan origination system vendor based in Reno, Nev.

Best Practices Around Building a Loan Origination Platform Using Salesforce Mortgage Banks PCLender is the first and most feature rich internet-based loan origination system for Mortgage Bankers. Adopting Fortune 500 business management and risk mitigation practices from origination through loan reconciliation it takes mortgage automation and compliance to new levels.

Fiserv has acquired the assets of PCLender, LLC, a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions. This acquisition will enhance the Fiserv suite of mortgage origination services, which enable Fiserv clients to deliver the experience today’s consumers and mortgage lenders expect.

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vendors to consolidate to capitalize on economies of scale Trend Overview For instance, Fiserv recently acquired Monitise and PCLender to provide a broader range of customer offerings, and banking players Misys and FIS are considering the benefits of integrating operations6

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