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Advectis Welcomes Todd Moncrief as Vice President of Business Development
Mortgage industry veteran brings proven track record to Advectis

ATLANTA, Aug. 9, 2007 – Advectis®, Inc., provider of the most widely-used solution for electronic mortgage document collaboration, announced that Todd Moncrief has joined the organization as vice president of business development. Moncrief has more than 14 years of experience in mortgage lending and technology solutions.

In his new position, Moncrief will be responsible for the development and management of BlitzDocs® networked provider and partner relationships, as well as creating product strategy for BlitzDocs Collaboration Suite and Advectis’ eMortgage initiatives.

"Todd’s proven record of building successful business relationships and his history with integrating mortgage technology solutions makes him the ideal candidate for this position," said Advectis President Greg Smith. "Todd has the industry mindset and knowledge to help Advectis continue to thrive. He will be a valuable addition as we launch future product capabilities and build our networked provider program."

Moncrief is coming to Advectis from Fiserv Lending Solutions where he was the national sales executive for eLending. Prior to Fiserv, he was vice president of sales and business development at Swiftview, which was acquired by eLynx.

"Todd’s experience with eLending and paperless loan processing initiatives gives him unique insight into the process of increasing efficiency for mortgage lenders," Smith said. "This understanding will be vital to Advectis’ future, and we are excited to welcome him to the team."

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 four 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 678.460.2460 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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