 |
      |
 Avista Solutions was the winner of Mortgage Technology magazine’s 2007 Help Desk Award and a perennial Mortgage Technology magazine Top 50 Service Provider. |
Wolters Kluwer Financial Services and Avista Solutions Partner to Help Lenders Streamline DocumentationPartnership Allows Avista Agile Users to Reduce Risk, Lower Costs and Enhance Borrower ExperienceMinneapolis, MN - May 24, 2010 Wolters Kluwer Financial Services and Avista Solutions announced today the pair has integrated Wolters Kluwer Financial Services Expere Integrated Enterprise (Expere IE) solution with the Avista Agile™ Loan Origination System. Avista Agile users will now have automatic and seamless, electronic access to Wolters Kluwer Financial Services’ VMP Mortgage Solutions compliance documents and disclosures through Expere IE. Banks, credit unions and mortgage lenders have relied upon these warranted loan documents to help meet all state and federal regulatory requirements for nearly four decades. Working with the Avista Agile system, Expere IE utilizes its comprehensive compliance knowledgebase to help lenders create documents on demand. Each is specific to the mortgage transaction and jurisdiction in which it takes place, as well as lenders’ individual business rules and policies. Wolters Kluwer Financial Services updates the Expere IE knowledgebase to incorporate new regulatory changes as they occur, and Avista incorporates these updates to its system to ensure documents remain compliant and consistent. The result for the lender using the system is greater flexibility, efficiency and a single source of updated and warranted compliance content from Wolters Kluwer Financial Services. Through Wolters Kluwer Financial Services’ Secure Document Exchange (SDX) service, Expere IE can also securely and electronically deliver document packages on behalf of Avista’s lenders to their borrowers who can offer electronic approval. As a result, lenders can realize considerable time and cost-savings through reduced printing, handling and mailing costs versus the traditional manual, labor-intensive paper-based process. If a borrower chooses not to consent electronically, or if paper documents are required, they can be printed and mailed to borrowers via Wolters Kluwer Financial Services’ secure fulfillment center. “By partnering with Wolters Kluwer Financial Services and its Expere IE solution, we’re helping Avista Agile users minimize regulatory compliance risks while lowering their origination costs through a faster, more streamlined documentation process,” said Mark Phlieger, Avista Solutions CEO. “We’re also helping to enhance their borrowers’ lending experience by getting them to the closing table and into new homes more quickly.” “Expere IE combines enabling technology and compliance expertise to ensure consistent, compliant documentation can be seamlessly generated from within the Agile system,” said Jason Marx, vice president and general manager, Mortgage. “Our new alliance with Avista will allow us to help even more institutions successfully and compliantly grow their lending businesses.” For more information on Wolters Kluwer Financial Services’ Expere Integrated Enterprise solution, please visit www.WoltersKluwerFS.com/Expere. For more information on the Avista Agile system, please visit www.AvistaSolutions.com. About Avista Solutions Avista Solutions, the Mortgage Technology magazine “2007-2008 Mortgage Technology Help Desk Award Winner” and a perennial "Top 50 Mortgage Technology Provider," is a leader in sophisticated web-based loan origination systems. Avista Solutions’ suite of mortgage lending software provides complete, end-to-end solutions incorporating loan origination, product eligibility, pricing and imaging that can be rapidly implemented across all origination channels. For more information, please call (803) 788-4936, or visit www.AvistaSolutions.com. About Wolters Kluwer Financial Services Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, AppOne®, GainsKeeper®, Capital Changes, NILS, AuthenticWeb™ and Uniform Forms™. Wolters Kluwer Financial Services is part of Wolters Kluwer, a market-leading global information services company focused on professionals with annual revenues (2009) of €3.4 billion ($4.8 billion), approximately 19,300 employees worldwide and operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Visit our website, YouTube or follow @Wolters_Kluwer on Twitter for more information about our market positions, customers, brands, and organization. Contact: Jennifer Marso Contact: Charles Miller |
|
Download as PDF |
|
|
|
|
|
|
|||
|
100 Calhoun Street Suite 210 Charleston, SC 29401-3544 Phone: (843) 619-4800 info@avistasolutions.com Contact Us | Privacy Policy |
|
|||||||
| Copyright © 2001 - 2012 Avista Solutions, Inc. All rights reserved. | |||||||||
