COLUMBUS, Ohio - Bank One Corp. has licensed loan-management software from London Bridge Group, a Norcross, Ga.-based unit of London Bridge Software Systems of the United Kingdom. Terms were not disclosed.
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London Bridge's Fortracs software helps mortgage lenders track bankruptcy proceedings and determine whether a delinquent loan warrants foreclosure or an alternative payment arrangement.
London Bridge bought several mortgage software businesses, including Fortracs, from Checkfree Corp. in September 1998.
