Press
Street Resource Group named to Housingwire’s HW TECH100™ list
Developer of Warehouse Loan System (WLS) recognized for automating the warehouse lending process and increasing the availability of liquidity to independent mortgage bankers
WASHINGTON, DC (March 6, 2015) — Street Resource Group, the leading provider of warehouse lending software for the mortgage industry, has been named to the HW TECH100™ list recognizing the 100 most innovative technology companies across the housing economy. Street Resource Group was selected by the editors of HousingWire magazine from among 250 technology companies in the residential mortgage lending, mortgage servicing, mortgage investments and real estate sectors of the housing industry.
Street Resource Group was nominated for its Warehouse Loan System (WLS) technology, which automates the operational, accounting and collateral management processes involved with the interim financing of mortgage loans between the time they are originated and sold to secondary market investors. By providing an affordable, easy-to-use solution for managing warehouse lending, WLS has helped increase both the number of warehouse funds providers in the marketplace as well as the availability of liquidity to mortgage originators during a critical time in the industry.
“Being named to the HW TECH100 is a true honor considering it covers all segments of the $3 trillion housing industry,” said Stanley Street, founder and president of Street Resource Group. “It is particularly rewarding to see recognition for innovation in the warehouse lending sector, given the critical role it plays in the housing economy. I am grateful to our clients and the entire team at Street Resource Group, who deserve a great deal of credit for this honor.”
“This year we were struck by the level of innovation we saw, with 40 new additions to the HW TECH100,” said Jacob Gaffney, editor of HousingWire. “That speaks to how much change is taking place in the mortgage industry overall right now; we’re seeing a lot of market disruption, and technology providers are clearly taking advantage of the opportunity that creates.”
About HousingWire
HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for
excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.
About Street Resource Group
Founded in 1986, Street Resource Group, Inc. (SRG) provides information systems and business process consulting to the financial services industry. The company’s flagship technology product, the SRG Warehouse Loan System (WLS), completely automates the entire mortgage warehousing process and improves efficiency and profits for both warehouse lenders and mortgage originators. Street Resource Group has established a premier reputation for supplying innovative software solutions and thought leadership in the ever-evolving mortgage marketplace. For more information, visit www.streetresource.com.
About the HW TECH100™
The HW TECH100™ highlights the housing economy’s 100 most innovative technology companies, along six unique dimensions of innovation. The annual awards program is the only program of its kind to include technology serving both the U.S. residential real estate and U.S. residential mortgage industries.