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Advectis Adds Three New Customers
Lenders tap into the BlitzDocs network and
streamline processes
ATLANTA, March 13, 2007 – Advectis®, Inc.,
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. The California-based
companies are HighTechLending, EmpireAmerica, LLC (Empire
of America) and Icon Residential Capital. These new customers
represent the latest lenders to join the growing network
of BlitzDocs participants.
"As the BlitzDocs network continues to grow, our
customers experience greater benefits of electronic collaboration,"
Greg Smith, president and CEO of Advectis. "Companies
using BlitzDocs solutions are experiencing how electronic
documents help improve service and reduce costs."
HighTechLending, a mortgage lender dedicated to closing
customer loans quickly, selected BlitzDocs to enable
a partnership with customers by offering a paperless
loan process. BlitzDocs’ investor delivery capabilities
will enable HighTechLending to send loan documents electronically,
therefore minimizing the time in funding a loan.
Empire of America, a mortgage banking company, designs
and implements cost-effective mortgage products. Wanting
to enable a paperless process from broker origination
to loan delivery and funding with investors, the company
chose BlitzDocs for its document collaboration and investor
delivery capabilities.
Icon Residential Capital, a national Alt-A conduit that
purchases and sells residential mortgage loans, selected
BlitzDocs to streamline its funding review for faster
turn 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.
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