ISGN Acquires Assets from Fair Isaac’s Mortgage Banking Unit

Fair Isaac Corporation and ISGN, the parent company of MortgageHub, announced today that ISGN has acquired key assets and products associated with Fair Isaac’s mortgage banking division, with plans to integrate them with MortgageHub. The transaction significantly expands MortgageHub’s technologies and services for mortgage lenders, and provides Fair Isaac’s mortgage customers with access to additional industry-specific solutions and expertise.

MortgageHub is a provider of Internet-based systems for the mortgage industry’s wholesale, correspondent, retail and servicing channels. The company is adding Fair Isaac products and services including the Diamond(TM) loan origination solution, the BridgeLink(TM) e-Services network for the mortgage industry, the LSAMS(TM) servicing system, the TCL(TM) construction lending system, the LenStar(TM) default management communications network, the FORTRACS(TM) default management system, and other technologies.