The Mequon, Wis., lending technology vendor Mortgagebot LLC has bought the assets of the Netupdate loan-origination software platform and client base from Most Home Corp. of Vancouver, British Columbia.
Mortgagebot, which calls itself the No. 1 provider of online lending technology to the mortgage industry, said this month that the acquisition expanded its client base to more than 900 banks, thrifts and credit unions nationwide.
Netupdate has developed mortgage origination technology since 1999.
