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.
….

Click here for more details.

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.

Those interested can subscribe to Whiskey and Gunpowder here. There is no cost to subscribe.

Mike Shedlock / Mish/