Ultraprise Corp. said it is launching a secure Internet-based service that will fully automate transfers of loan pools between financial services institutions.

The company said the system will be used starting Jan. 14 to transfer pools of high-loan-to-value home equity loans and will eventually be available for other types of loans.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.