In Brief: Bankers Systems to Market HMDA Software

Bankers Systems will market software from Spectrum Services Inc. designed to help compliance officers analyze Home Mortgage Disclosure Act data.

Bankers Systems, based in St. Cloud, Minn., will do the job under an agreement with Alternatives Group, Dallas. Alternatives is the distributor for the Centrax family of data analysis software from Spectrum, which is also based in Dallas.

A new version of Centrax will be released this fall to coincide with the debut of Bankers Systems' Rembrandt software for automated loan origination.

"Now our customers can move with one touch from Rembrandt to a complete fair-lending review, analysis, and mapping system," said John Weitzel, president of Bankers Systems.

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