"This isn't just an off-the-shelf ASP solution," MortgageRamp president Michael Greco says in a prepared statement. "With Banc of America Securities, GMACCM and Archon Financial, we are not only supporting three of the largest lenders, we are expediting the way every broker and financial institution does business with them."

Greco says DealCentral allows lenders to reduce paperwork, data input errors, copying and shipping costs, administrative overhead and the time necessary for submitting, packaging and delivering loans.

In the same statement, Banc of America managing director Mike Malone says his company "needed a system that could be scalable, permance based and cost effective."