E-OPS signs exclusive partnership with Wipro BPO for offshore back-office processing services

MIAMI–(BUSINESS WIRE)–June 14, 2005–The nation’s first offshore around-the-clock mortgage processing service has been announced by E-OPS. The service is conducted in a paperless fashion, with originators either faxing, uploading or entering data into the E-OPS web-based system and offshore processors handling all processing tasks required prior to closing.
E-OPS is the world’s first around-the-clock offshore paperless mortgage processing service. A revolutionary service, it empowers brokers and loan officers to close loans more quickly, with less hassle, and at a lower cost. The vision of mortgage industry veterans, E-OPS represents a leap forward for loan processing. E-OPS is based in Miami, Florida, and can be visited online at http://www.EOPS.cc.

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I am sure that is exactly what we needed.
Why should any housing related jobs stay in the US anyway?
Who needs em?
Now if someone could only figure out a way to offshore home construction, I’m sure our economy could really fly.

BTW, I will be out most of next week. So there may not be any more blogs for a week or so. Perhaps I get another one out later today or tomorrow. I think I have a couple of articles coming out in Whiskey and Gunpowder sometime next week. Timing is unknown.

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Mike Shedlock / Mish/