Dorado grows revenue 65 percent.(TechNewz)(sales and earnings)(Brief Article)

Mortgage Banking | March 1, 2005 | Copyright

DORADO CORPORATION, SAN MATEO, CALIfornia, announced it experienced continued and significant growth in 2004. Dorado increased revenues 65 percent, earned renewals from 100 percent of customers due for renewal and more than doubled its user base from 65,000 seats to 140,000.

"GreenPoint Mortgage was able to buck the downward trend that impacted so many lenders in 2004," said S.A. Ibrahim, chief executive officer of GreenPoint Mortgage, Novato, California. "Not only did our total number of loans increase, but our conversion percentage also improved. A key component of ...

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