BIRMINGHAM, MI—A new real estate lending software company, e-Cognita Technologies Inc., opened for business recently in Birmingham, MI, to target the commercial real estate mortgage industry with products for loan underwriting, closing and documentation using the Internet. The company’s suite of browser-based programs permits Web collaboration by all parties to a complex financial transaction through a single data source.
“Our products were developed by lenders and lawyers, for use by lenders and lawyers,” says Katheryne L. Zelenock, e-Cognita’s president and CEO. “[It] provides a means to fully underwrite and close the loans, communicate with and integrate all of the due diligence parties necessary to close a loan.”