| |
Advectis Adds Three New Clients to Roster
Lenders join BlitzDocs network to improve efficiencies and reduce cost of loan delivery
ATLANTA, Oct. 17, 2006 - Advectis® Inc., the provider of the most widely-used solution for electronic mortgage document collaboration, announced that three companies have selected BlitzDocs® Collaboration Suite for electronic document submission, image-based underwriting and electronic loan delivery. Wisconsin-based GN Mortgage, Massachusetts-based East West Mortgage and California-based Wholesale Lending Online (WLO) are the latest lenders to join the growing network of BlitzDocs participants.
“BlitzDocs offers companies the opportunity to streamline the delivery of loan documents in a very efficient and cost-effective manner,” said Greg Smith, president and CEO of Advectis. “Companies today understand that in order to continue their success, they need to adopt the best solution to meet their needs. And Advectis consistently provides leading-edge technology to help companies improve workflow and their bottom-line.”
GN Mortgage, a subsidiary of Guaranty Bank, originates loans in 44 states and offers state-of-the-art technology to mortgage broker customers located throughout the United States. The company selected BlitzDocs Originate to help facilitate faster and more efficient electronic loan document submission for its GN Wholesale online broker portal.
East West Mortgage, the leading mortgage lender in New England, has funded more than $1 billion in mortgages in the past three years. The company plans to go paperless throughout their organization, including electronic loan delivery to investors.
WLO, a nationwide leader in Alt-A and Non-Prime lending, selected BlitzDocs to enhance efficiencies by using cutting edge technology to help brokers close more loans in less time.
About Advectis, Inc.
Advectis, Inc. provides the mortgage industry's most widely-used solution for electronic document collaboration. The Web-based BlitzDocs Collaboration Suite provides access to the BlitzDocs collaborative electronic document network where participants capture, submit, underwrite, audit, share, deliver and archive loan documents. BlitzDocs customers benefit from a network with more than 20,000 broker shops, the top seven mortgage insurance companies and three of the top due diligence providers. Collectively, BlitzDocs investor participants represent more than 50 percent of loans purchased in the secondary market. For more information call (877) 200-8700 or visit www.advectis.com.
|
|
