Mortgage Builder Renames G/Serv Loan Servicing Software Platform “Colonnade”

Platform getting new look and feel as company invests in enhancing the system’s capabilities

SOUTHFIELD, MI (February 12, 2013) Mortgage Builder Software, the Southfield, Michigan-based provider of leading loan origination and loan servicing software systems (LOS and LSS), has announced that it has officially re-named its loan servicing software platform.  The LSS platform G/Serv is now formally known as “Colonnade,” reflecting the theme of the company’s signature LOS, Architect, as well as several other components in the Mortgage Builder lineup.  The company acquired the loan servicing system last year from GCC, Mortgage Builder’s former parent company prior to spinning off 15 years ago.  GCC’s servicing platform has been an enduring favorite of mid-tier mortgage lenders and community banks for decades.

“We are investing significant resources in the continued development of Colonnade to enhance its capabilities as a standalone system, as well as a paired platform with the Architect LOS,” says Keven Smith, president and CEO of Mortgage Builder.  “We’re finding that more mainstream lenders are interested in retaining servicing to both add revenue and control their own destinies in this uncertain regulatory environment,” he explains.  “Colonnade is designed to provide the ideal blend of cost effective automation with the compliant processes the mid-market needs to stay comfortably within the CFPB guidelines,” he says.  “Cloud delivery makes it simple to implement and train new servicing department personnel, and those are key considerations in this emerging trend toward servicing.”

“We selected Colonnade as the name of our servicing platform for its connotation of stability and support.” says Kelli Himebaugh, corporate vice president of Mortgage Builder.  “Colonnade is designed to provide the structure servicing departments need and do the heavy lifting for them” she notes. G/Serv users will love the new look and feel of the platform, and servicing newcomers will be pleased to discover how far servicing software has come when they experience Colonnade,” she says.

Colonnade’s new brand name follows Architect, Mortgage Builder’s newly released LOS, Blueprint, Architect’s advanced electronic document management feature, and Surveyance, its enhanced originator portal and mobile device module.

Mortgage Builder is among the very few companies that offers lenders automation from initial customer contact all the way through to the final payment of the mortgage obligation, Smith points out.  “As a privately held company, we are able to invest in constant improvement for our products rather than cater to the demands of shareholders, and that has been central to our success,” he says.  “We answer to our customers, and our offerings reflect what they tell us about their needs.  More of them are needing servicing solutions that are cost-efficient, compliant and robustly featured,” he explains, “and that is how we’re delivering Colonnade.”

Himebaugh stresses the advantages of having both the lender’s LOS and LSS share historical DNA and architectural design features.  “Problems arise when origination systems try to communicate with servicing systems, even when integrations have been put in place.  Fields don’t match, data elements don’t line up and manual intervention is often required,” she says.  “Loans flow seamlessly from Architect into Colonnade, avoiding those issues because they are built to work together.  It means that fewer financial and technical resources are required to achieve maximum lending automation efficiency.”

Mortgage Builder will be offering demonstrations of Colonnade at the MBA’s National Mortgage Servicing Conference & Expo in Dallas, February 19-22nd at booth #421.

About Mortgage Builder
Southfield, Michigan-based Mortgage Builder Software, Inc. has been providing industry-leading loan origination software (LOS) to mortgage banks, community banks, credit unions and other financial institutions since 1998.  Mortgage Builder was the first LOS to provide its full capabilities in Application Service Provider (ASP) form, as Software as a Service (SaaS), in the traditional licensed, server-based configuration and now in a fully browser based environment, providing complete flexibility to suit all clients’ business models.  Architect by Mortgage BuilderTM is an end-to-end, “everything’s integrated” lending solution for retail, wholesale and correspondent mortgage production channels, automating origination, closing, post-closing and delivery, as well as tracking and reporting functions.  Essential enhancements like pricing and product eligibility (PPE), electronic document management (EDM) and electronic loan delivery functionality are built-in and available on demand, while compliant loan documents are provided at no additional cost.  Colonnade by Mortgage Builder offers a complete loan servicing system (LSS) that is scalable and fully featured, ideal for mid-sized and larger loan servicers.  The company has been named by Mortgage Technology Magazine as one of the industry’s Top 50 Service Providers for the sixth consecutive year, and was the winner of the magazine’s prestigious Help Desk Award for outstanding customer service and the industry’s best technical support.   Visit

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