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NewInvoice Selects Laura Wittrig as New Regional Director.

Business Editors


NewInvoice, L.L.C., the mortgage industry's preeminent provider of business-to-business electronic bill presentment technology for vendor-to-lender invoices, today announced the addition of Laura Wittrig to its management staff as the director of the Western region.

Wittrig joins the NewInvoice team with 10 years of financial, mortgage servicing and consumer loan experience. She has previously worked with several leading loan servicing technology products including NewInvoice(TM), Alltel, Daisy, Lenstar, Bridgelink, Banko, Pacer and Webtrack and has led or participated in extensive analysis of MortgageServ, EBN, Fortracs, and Hometracker solutions.

As the director of the Western region, Wittrig will manage the relationships with NewInvoice's clients from California to Texas and will be responsible for enhancing the customer service with all of the western states' servicers.

"Laura Wittrig's servicing and default-specific knowledge and proven track record of providing technology-based solutions enhances NewInvoice's capabilities to provide the best customer support to clients," said Rich Rollins, president of NewInvoice. "She is well respected in the industry and we anticipate her playing a pivotal role both in serving our current customer base and new customers gained as we continue to grow."

About NewInvoice

Founded in 1999, NewInvoice provides business-to-business electronic bill presentment (EBP) technology for vendor invoices to the mortgage industry. NewInvoice standardizes, pre-analyzes and electronically presents vendor invoices to the servicer while eliminating duplicate invoices and data entry. NewInvoice(TM), a 100 percent paperless process has specialized modules that go beyond standard electronic bill presentment requirements such as: electronic management of final bills, automated bulk sales and acquisitions, advance and credit processing, electronic payments (ACH) and image based collateral and referral document distribution.

NewInvoice(TM) is the chosen product for Alltel, MortgageServ and London Bridge and lists nine of the top fifteen A-paper mortgage loan servicers and ten of the top fifteen sub-prime mortgage loan servicers as customers. More than 50 mortgage servicers and 700+ vendors use NewInvoice daily for their vendor to lender electronic invoicing requirements.

For more information regarding NewInvoice or the company's products, visit the company's Web site at
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 26, 2003
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