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The StoneHill Group, Inc. Joins BlitzDocs® Certified
Provider Program
Quality control, outsourcing firm connects to industry leading
network
for document sharing, collaboration
ATLANTA, September 28, 2005 – Advectis®, Inc., provider of the
most widely used solution for electronic mortgage document collaboration,
announced the addition of The StoneHill Group, Inc. to its BlitzDocs
Certified Quality Control (QC) Provider Program. The certification program
ensures
lenders and investors that QC and due diligence providers are fully-trained
and prepared to deliver their services via the BlitzDocs Collaboration
Suite.
“Joining the BlitzDocs certification program indicates our commitment
to use industry leading technology to provide our business partners
with an electronic solution to share and review loan documents quickly and
efficiently,” said
David Green, president of The StoneHill Group. “The BlitzDocs Collaboration
Suite sets the benchmark for performing QC and audit reviews electronically
over the Web. We hope to increase our services to lenders using
BlitzDocs and their collaborative network.”
To be certified as a BlitzDocs Certified QC Provider, a company
must be proficient in performing quality control and due diligence services
on image-based loan folders, complete a BlitzDocs certification training
course and test, be a member of the Mortgage Bankers Association of America,
and demonstrate a core competency in underwriting and delivery of due diligence
services.
BlitzDocs Collaboration Suite allows lenders or investors to identify
a pool of loans that require a quality control or due diligence review and
provide The StoneHill Group immediate, electronic access to those electronic
loan folders from a browser to deliver their service. Expenses associated
with audit reviews, such as travel, lodging, office space and paper copies,
are virtually eliminated with the image-based review. BlitzDocs uses the
Internet to power collaboration and enable load balancing among all participants
in the QC process.
“A number of our customers are using QC and due diligence services
from StoneHill Group,” said Greg Smith, president and CEO of Advectis,
Inc. “The confirmation by StoneHill to deliver their services with
BlitzDocs collaborative loan folders indicates our joint commitment
to provide lenders and service providers the easiest way possible to electronically
access, view and complete an audit by removing many manual processes.”
Management at Advectis says the value of the collaborative document
platform greatly increases with the certification of leading service providers,
including due diligence, quality control and more. Not only does certification
insist on BlitzDocs best practices and service delivery, it also increases
the network of technology and service providers that know how to fully take
advantage of paperless processing.
About The StoneHill Group, Inc.
The StoneHill Group, Inc. is a nationwide provider of quality control audit services,
due diligence services (credit and compliance), post closing, FHA insuring services,
collateral audits for FHLB member banks, mortgage consulting services, and contract
and interim staffing. The StoneHill Group has assembled a team of industry professionals
with various backgrounds, who have in-depth knowledge and experience, in all
areas of mortgage operations, banking operations, asnd software integration/training.
Through the use of imaging and Internet technology and a nationwide network of
underwriters, StoneHill Group provides clients with a more cost effective solution
to conducting due diligence reviews by eliminating the high cost of onsite reviews.
For more information about The StoneHill Group, Inc., call 770-399-1936 or visit
the Web site at www.stonehillgroup.com.
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