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Advectis-sponsored Mortgage Industry Webinar Explores the Advances in Electronic Loan Delivery

ATLANTA, Nov. 27, 2006 – Advectis®, Inc., provider of the most widely-used solution for electronic mortgage document collaboration, announced its upcoming Webinar for the mortgage industry titled, "Electronic Loan Delivery: What Really Matters." The free Webinar is scheduled for December 6 at 1:30 p.m. EDT.

"Electronic Loan Delivery What Really Matters" is a live, 60-minute Webinar. Tina Perez, vice president business process reengineering at Clayton Services, Inc. and Brent Nichols, secondary market analyst with Advectis will explain the market and technology changes enabling electronic loan delivery today.

"Shipping paper-based loan folders or copy packages to investors is a huge headache for lenders," said Greg Smith, president and CEO of Advectis. "Our goal with the Webinar is to keep the industry informed about the advances of loan delivery and how technology today helps simplify the delivery process while at the same time saving organizations significant time and money."

Electronic collaboration and the ability to access and share documents across channels are more critical today than ever before. Webinar attendees will learn about the return on investment of electronic loan delivery for both lenders and investors. They will also discover how paperless technology greatly benefits post-closing and electronic loan delivery by:

  • Streamlining processes, reducing the time and resources it takes to prepare for audits
  • Reducing travel costs associated with auditing
  • Providing easy and instant access to loans
  • Improving stipulations management
The “What Really Matters” series covers topics such as paperless origination and underwriting, the emergence of collaborative document networks, trends in paperless technology, how to reduce costs and streamline workflow processes. To register for this free Webinar, visit http://www.advectis.com/registerwebinar.html.

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.

 
MTGnews

"Many implementations fail because the technology chosen is either an out-of-the-box solution that requires the user to change the way they do business based on how the technology operates or the technology is so toolkit-oriented that so much customization is required to get the application up and ready. Nonetheless, there is a solution: find technology that is business-centric."

Download the full article from National Mortgage News.

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