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Advectis Network Grows with Four Additional Customers
ATLANTA, July 25, 2007 – Advectis®, Inc., provider of the most widely-used solution for electronic mortgage document collaboration, announced that four companies have selected BlitzDocs® Collaboration Suite for electronic document submission, image-based underwriting and electronic loan delivery. Cunningham & Company, Gateway Financial Mortgage, Inc., LownHome Financial and Power Express Mortgage Bankers have chosen BlitzDocs to streamline processes and embark on the journey to a paperless mortgage process.
"Advectis welcomes these four companies to our every-growing network and look forward to having them experience the many benefits of electronic collaboration," said Greg Smith, president and CEO of Advectis. "As companies implement BlitzDocs, they experience the process efficiencies that have helped make our solution the number one network for mortgage document collaboration." Cunningham & Company, headquartered in North Carolina, is an independent mortgage banking firm specializing in residential mortgages. Cunningham & Company has selected BlitzDocs for its ability to quickly rollout and implement investor delivery capabilities to its six largest investors.
Gateway Financial, part of the Gateway Bank & Trust Company, is based in North Carolina. Wanting to streamline processes and underwrite with images from regional banks, Gateway Financial chose BlitzDocs. Gateway plans to use Harland Financial Solutions Interlinq® E3® enterprise mortgage lending solution integration to BlitzDocs Collaboration Suite to streamline processes between data and document systems.
LownHome, headquartered in California, is a wholesale mortgage lender. In its desire to have an efficient system, LownHome selected BlitzDocs to enable a totally paperless environment across its multiple regional operation centers from broker submission through investor delivery.
Power Express, one of the largest privately-owned mortgage lenders, is headquartered in New York. Power Express chose BlitzDocs for its investor delivery and long-term image-based archiving capabilities.
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 35,000 broker shops, the top seven mortgage insurance companies and three of the top due diligence providers. Collectively, BlitzDocs investor participants represent more than 70 percent of loans purchased in the secondary market. For more information call 877.200.8700 or visit www.advectis.com.
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