CHARLOTTE, N.C. – IBM, which already employs some 13,000 people in North Carolina, is expanding the size of its Carolina workforce with the launch of a new loan fulfillment company.

The IBM Lender Business Process Services subsidiary will be based in Charlotte, IBM said on Monday. The group has already hired some 60 people and plans to hire more.

IBM’s operation in Research Triangle Park employs some 11,000 people and is the second largest concentration of Big Blue employees outside of its headquarters in Armonk, N.Y.

The focus of the operation is to provide outsourced lending services, including loan application, underwriting, processing, vendor management, document preparation and loan closing.

"There is a fundamental shift in how the mortgage industry uses technology and automation to achieve the kinds of efficiencies required to thrive in the new lending economy," says Af Assur, general manager of IBM Mortgage Origination, in a statement. "Lenders need a partner like IBM who can invest to automate the total loan fulfillment supply chain on their behalf, to give them the competitive advantage they need. By integrating fulfillment and imaging technologies, proven processes and highly experienced lending professionals, we will deliver the automation and digitization necessary to help achieve the loan fulfillment efficiencies and service required for success."