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SOLUNA FIRST UNVEILS LOAN APPROVAL SYSTEM.


MARIETTA Marietta (mârēĕt`ə).

1 City (1990 pop. 44,129), seat of Cobb co., NW Ga.; inc. 1834. The principal manufactures of this suburb of Atlanta are related to aircraft production. At the foot of Kennesaw Mt.
, GEORGIA--BASED SOLUNA Soluna was a music group consisting of four members, all of Hispanic descent - Aurora Rodriguez, America Olivo, Jessica Castellanos, and Christina "T" López. The group's name is the combination the Spanish words for sun ("sol") and moon ("luna").  FIRST has announced a new loan approval system, Soluna Direct, for preferred mortgage brokers. Soluna Direct allows brokers to submit loans online and receive approvals within 30 seconds. The system gives approved brokers the choice of how they would like to receive their loan approvals--by submitting loans the conventional way, via fax through a traditional underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite)


UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer.
 or online by visiting the Web site www.solunafirst.com. Brokers will be given a double password to access the approval area of the site, and in early 2001 will be able to obtain a loan status report via the Web site for loans applied for online, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the company.
COPYRIGHT 2000 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000 Gale, Cengage Learning. All rights reserved.

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Publication:Mortgage Banking
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 1, 2000
Words:110
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