LOS ANGELES, Calif., February 1, 2011 - Applied Business Software Inc. (ABS), developer of The Mortgage Office?, the leading loan servicing software solution for the lending industry, is excited to announce that Romspen Investment Corporation, the largest non-bank lender in Canada, has selected The Mortgage Office? as its technology to administer their commercial loan portfolio and manage their Mortgage Investment Fund. Romspen needed powerful and flexible loan software to manage their growing portfolio, currently $500M. They also needed robust and intricate software to manage their Mortgage Investment Fund, which currently has thousands of investors. Finding the right product and the right company to do business with was a process that took many years, and they finally selected The Mortgage Office? from Applied Business Software, Inc. as their software platform. "We are pleased to add them to our growing family of customers, and I have no doubt The Mortgage Office? will help them service their portfolio of commercial loans and manage their investment base more efficiently and with greater profitability", says Jerry Delgado, president of ABS. Romspen Investment Corporation is a leading Canadian non-bank mortgage lender specializing in commercial and industrial real estate. The firm began operations in 1966 and the Romspen Mortgage Investment Fund was formed in 2006. ###
