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Motivity Solutions and Xerox Mortgage Services Partner to Provide Next Generation Technology Solutions
DENVER, October 11, 2009 – Denver-based Motivity Solutions, Inc., creators of the Movation Business Management Platform, and Xerox Mortgage Services announced today a partnership that combines one of the mortgage industry’s most widely-used electronic document collaboration solutions with Movation’s innovative technology, which was nominated for “Release of the Year” by Mortgage Technology magazine.
With the dramatic rise in FHA lending, Motivity Solutions and Xerox Mortgage Services will combine their FHA tools – Movation’s FHA SafeGuard, which ensures that loans are compliant and in sync with FHA’s systems, and Xerox Mortgage Services’ new FHA electronic case binder (eCB), which manages the imaged-based loan delivery process to FHA online through the BlitzDocs Collaboration Suite.
This combination of FHA solutions ushers in a new era of electronic mortgage processing and automation, with customers now able to leverage the power of both web-based platforms seamlessly. With Movations’ state-of-the-art integration capability and hub connection technology, lenders now have all relevant data at their fingertips for enhanced business intelligence and real-time reporting capabilities, along with automated business rules and activity queues. With a click of a button, clients will be authenticated into the BlitzDocs system to execute electronic document management, workflow and delivery—allowing for streamlined electronic document processing.
“Bringing together Movation’s automated activity management and dynamic business intelligence with Xerox Mortgage Services’ BlitzDocs creates a best-of-breed solution that falls in line with Movation’s promise to lenders – to optimize business processes and create efficiencies that positively impact the bottom line,” said Gabe Minton, CSO of Motivity Solutions. “Collectively, we are very excited to bring to market next generation solutions that, when combined, bring new efficiencies to lenders to enable them to do more with less.”
“By constantly expanding the BlitzDocs network, we ensure clients receive the benefits of an intelligent collaborative environment, including reduce costs, increases revenue and improved margins,” said Todd Moncrief, vice president of business development for Xerox Mortgage Services. “By coupling our industry-leading BlitzDocs with Motivity’s Movation Business Platform, clients gain document collaboration and increased overall loan quality. For both lenders and investors, this improves loan document and data management, organizational scorecards and comprehensive risk analytics.”
Motivity Solutions and Xerox Mortgage Services will participate on the panel, “Technology as a Profit Center,” at the MBA Annual Convention on October 13, 2009. For more information, refer to the MBA Annual conference schedule.
For more information about the lender benefits associated with this partnership, call 800.411.5541 x308 or email sales@motivitysolutions.com.
About Movation Business Management Platform (www.movationnow.com)
Movation is a Business Management Platform that combines existing systems while filling the gaps and optimizing business processes. By connecting disparate technology and plugging into existing systems, Movation will maximize the insight and control over an entire enterprise. Movation also provides a real-time view across an entire organization by turning multiple data sources into actionable information through dashboards, scorecards, and intelligent reporting. Movation further optimizes business processes through automated workflow and activity queues, a business rules management system, document imaging and content management, and robust enterprise relationship management functionality. For more information call 800.411.5541 x308 or visit www.movationnow.com.
About Xerox Mortgage Services
Xerox Mortgage Services (XMS), a part of Xerox Global Services, provides one of the mortgage industry’s most widely-used solutions for electronic document collaboration. The Web-based BlitzDocs Collaboration Suite and the XMS e-Mortgage Suite provides access to the BlitzDocs collaborative electronic document network where participants capture, submit, underwrite, audit, share, deliver and archive loan documents. The XMS e-Mortgage Suite enables e-Signatures, e-Vaulting and e-Delivery to the secondary market. Customers benefit from a network with tens of thousands originator shops, the top six mortgage insurance companies and many top due diligence providers. More than twelve investors and FHA receive tens of thousands of loans through BlitzDocs each month by participating in the network and accepting image-based loan delivery. For more information call 678.460.2460 or visit www.xerox-xms.com.
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