Reliant Now Fully Accessible under the Filogix System and an ...
TORONTO--(BUSINESS WIRE)--Reliant Home Warranty Corporation (OTCBB:RHWC), Steve Hamilton, SVP Reliant, announced today Reliant's Canadian subsidiary, Reliant Home Mortgage Canada Inc., has completed its contract with Filogix Inc. and Reliant's mortgage products are fully accessible under the Filogix mortgage delivery system. When the system was activated May 4, 2007, the Filogix system had archived 109 mortgage applications that had been submitted for Reliant's underwriting for a total of $33,170,471.77 in mortgage applications submitted. The Filogix system will allow Reliant to be accessible to the bulk of Canadian mortgage brokers and should allow for an increase in the volume of mortgage applications under adjudication by Reliant's underwriting department.
Steve Hamilton stated, "Reliant's mortgage delivery platform and mortgage volumes submitted will help ensure Reliant stays on track and increase overall accessibility to the Canadian Mortgage Broker community as evidenced by the mortgages archived in the Filogix system."
About Reliant Home Warranty Corporation
Reliant Home Warranty Corporation (www.relianthwc.com) offers the sub-prime residential mortgage market High-Ratio to value mortgages that includes self-employed consumers and those with difficult credit.
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