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Contact: Rosalie Berg
Strategic Vantage for Avista Solutions
Phone: (305) 971-5352
PR@StrategicVantage.com
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| Avista Solutions Completes Integration to Republic Mortgage Insurance Company (RMIC) |
Boston, MA, October 15, 2007 - Avista Solutions, a leading web-based mortgage loan origination software company announced today that integration to RMIC’s system has been completed. This seamless integration provides Avista’s customers with a system to system interface to RMIC.
"We’ve had many customers request access to RMIC," said Mark Phlieger, CEO of Avista Solutions. "We are pleased to be able to provide this seamless integration to RMIC. The interface is now available to Avista customers who have an established relationship with RMIC."
The system to system interface to order RMIC mortgage insurance is completely contained within the Avista Agile LOS™. The user is able to input additional required RMIC MI order data fields while all other previously entered required loan data is transmitted to RMIC without re-keying. The MI decision and MI certificate are returned to the system in minutes, eliminating rekeying and chance of data input errors due to duplicate data entry in multiple systems.
The Avista Agile LOS™ origination platform allows users to create loan applications via the internet or import the application from external loan origination software. The platform also allows users to order services such as credit and automated underwriting. This B2B web-portal provides online status, pipeline management, product eligibility and pricing with lock capabilities, originator/lender loan collaboration and disclosures and closing documents through a 3rd party document service. The lender view allows users access to all of the originator specific services as well as features such as template driven underwriting management. Simple updating of website content for each channel is managed through the user-friendly back end administration. The proven technology of Avista’s Agile LOS is designed to streamline the origination process, increase loan production, reduce operating costs, improve customer service, and increase lender profits.
About Avista Solutions
Avista Solutions, a Mortgage Technology magazine "Top 50 Mortgage Technology Provider", is a leader in web-based loan origination systems. Avista Solutions’ suite of mortgage lending software provides complete end-to-end solutions that can be rapidly implemented across all origination channels. Avista has handled over $417 billion in loan volume 100 percent via the web. For more information, please call (803) 788-4936, or visit www.avistasolutions.com.
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