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XWebServices, Inc. Releases Open Source Online 1003 SOA Solution Version 2.0

XWebServices, Inc. announces today the release of Version 2.0 of its Open Source Online 1003 SOA Solution. The solution leverages the XWeb1003 XML SOAP based Web Service and features a Quick Application (Pre-Qual) and the full Uniform Residential Mortgage Loan Application (Form 1003).

XWebServices, Inc., the leading provider of standards-based XML SOAP based Web Services, announces today the official release of Version 2.0 of its Open Source Online 1003 SOA Solution.

Looking to add online Mortgage Loan Applications to your web applications? Why settle for yesterday's technology and soon to be forgotten standards?

XWebServices, Inc.’s Open Source Online 1003 SOA Solution consists of online versions of the Uniform Residential Mortgage Loan Application - Form 1003 - which leverage the XWeb1003 XML/SOAP based Web Service.  Data can downloaded in Fannie Mae 3.2 format and imported into Calyx Point, Ellie Mae Encompass or any other Loan Origination Software that standardizes on the Fannie Mae 3.2 format.

The application is written and distributed under the GNU General Public License which means that its source code is freely-distributed and available to the general public.

view demo / download the source code

The solution consists of a Quick Application (Pre-Qual) and the Full 1003 Application:

Quick Application (Pre-Qual)
- Down Payment & Purchase Price
- Borrower Information
- Co-Borrower Information
- Assets & Liabilities
- Gross Monthly Income
- Declarations

Full Application
- Type of Mortgage & Terms of Loan
- Property Information & Loan Purpose
- Borrower & Co-Borrower Information
- Employment Information
- Monthly Income & Housing Expense
- Assets & Liabilities
- Details of Transaction
- Declarations
- Acknowledgement & Agreement
- Government Monitoring Information

About XWebServices, Inc.
XWebServices, Inc. is a California Corporation based in Simi Valley, California. Extensive experience in Enterprise Architecture primarily in Financial Services, Insurance, HealthCare and Real Estate / Mortgage Banking fields, a U.S. based team of SOA Architects and Consultants focusing on Enterprise SOA, planning and design, an offshore Software Development team based in Romania and partnerships with Enterprise Service Bus (ESB), Composite Applications and SOA Governance industry leaders have positioned XWebServices, Inc. as a SOA Consulting, SOA Services, SOA Solutions and Web Services Provider leader.

Visit our SOA Portal - SOAHub.com, a portal dedicated to the advancement of Service Oriented Architecture, featuring Enterprise Architecture research and analysis, guides, white papers, tutorials and case studies, Consulting Services, a Web Services Directory, Directories of SOA Services / Service Providers and SOA Solutions / Solution Providers, News, an Online Forum (Message Boards) and a Jobs / Employment Opportunities directory.

http://www.xwebservices.com
http://www.soahub.com

Posted: Wednesday, February 07, 2007

By: XWebServices, Inc.

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