| Press Release | |||
| Nortridge Software Moves Headquarters to Lake Forest, Calif. | |||
| November 18, 2008 | |||
| LAKE FOREST, CA – Nortridge Software LLC, a leader in loan servicing software and portfolio management and optimization, has moved its headquarters to 2 South Pointe, Lake Forest, California, from its previous location in Tustin, California. | |||
| "As a rapidly growing organization in a fast-moving segment of the financial software industry, Nortridge is a good fit with the Lake Forest business community," said Chris Ewoldt, Chief Financial Officer at Nortridge. "Our new office gives us increased space to accommodate growth." | |||
| About Nortridge Software | |||
| Since 1981, Nortridge Software LLC, has provided lenders and loan servicers with the tools they need to successfully manage their loan portfolios. Guided by its mission to optimize loan servicing and management offices, Nortridge has leveraged its extensive experience in banking, lending and software development to provide more than 2,500 clients with quality software solutions and excellent support services. The company is headquartered in Lake Forest, CA. For more information, visit www.nortridge.com. | |||
| Nortridge Fast Facts | |||
| Founded 1981 | |||
| Headquarters: 2 South Pointe, Suite 250, Lake Forest, CA 92630 Phone: (714) 573-7988; Fax (714) 573-0297 Web: www.nortridge.com |
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| Remote Office Locations: San Rafael, CA, Denver, CO, and Chicago, IL. | |||
| Product & Features: Nortridge Software has been in the loan servicing marketplace since 1981. Our flagship software product, The Nortridge Loan System, has helped thousands of organizations of all shapes and sizes automate the servicing of their loan portfolios and realize increases in the efficiency and accuracy or their operations. The Nortridge Loan System not only does the tracking and accounting for your loan portfolio, it also includes customer relationship management, collections, funds disbursement, security and reporting. Workflow management automates normally time-consuming processes such as loan origination and management on the front-end while the systems flexibility allows for workout and repossession procedures on the back-end. | |||
| SaaS or License: The Nortridge Loan System is available for a one time purchase (License) or for a monthly per user fee (SaaS - Software as a Service). With either delivery method, all of the systems features and functionality are available for use. | |||
| Media Contact | |||
| Tom Kennedy (303) 923-2146 | |||
| tkennedy@nortridge.com | |||
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