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Advectis-sponsored Mortgage Industry Webinar Explores the Advances in Electronic Loan Delivery.


ATLANTA -- Advectis[R], Inc., provider of the most widely-used solution for electronic mortgage document collaboration See data conferencing. , announced its upcoming Webinar for the mortgage industry titled, "Electronic Loan Delivery: What Really Matters." The free Webinar is scheduled for December 6 at 1:30 p.m. ET.

"Electronic Loan Delivery What Really Matters" is a live, 60-minute Webinar. Tina Perez, vice president business process reengineering See reengineering.  at Clayton Services, Inc. and Brent Nichols, secondary market analyst with Advectis will explain the market and technology changes enabling electronic loan delivery today.

"Shipping paper-based loan folders or copy packages to investors is a huge headache for lenders," said Greg Smith Greg Smith may refer to:
  • Gregory Smith (born 1983), actor
  • Gregory R. Smith (born 1989), child prodigy and rights advocate
  • Greg Lloyd Smith (born 1962), internet entrepreneur
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Advectis. "Our goal with the Webinar is to keep the industry informed about the advances of loan delivery and how technology today helps simplify the delivery process while at the same time saving organizations significant time and money."

Electronic collaboration and the ability to access and share documents across channels are more critical today than ever before. Webinar attendees will learn about the return on investment of electronic loan delivery for both lenders and investors. They will also discover how paperless technology greatly benefits post-closing and electronic loan delivery by:

* Streamlining processes, reducing the time and resources it takes to prepare for audits

* Reducing travel costs associated with auditing

* Providing easy and instant access to loans

* Improving stipulations management

The "What Really Matters" series covers topics such as paperless origination Origination

The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property.

Notes:
Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real
 and underwriting Underwriting

1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt).

2. The process of issuing insurance policies.
, the emergence of collaborative document networks, trends in paperless technology, how to reduce costs and streamline workflow processes. To register for this free Webinar, visit http://www.advectis.com/registerwebinar.html.

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 To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue.

The word underwrite has two meanings.
, 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 Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 27, 2006
Words:367
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