Wednesday, March 26, 2008

PriceMyLoan: in the BlitzDocs network

Atlanta-based Xerox Mortgage Services, makers of the BlitzDocs Collaboration Suite (formerly owned by Advectis before it was acquired by Xerox), has added PriceMyLoan(PML)to its certified BPO provider network.

With BlitzDocs deployed, loans generated from PML are seamlessly dropped into a collaborative e-folder and transformed into electronic documents for underwriting, auditing, transfer and archiving.

"The integration of Xerox’s BlitzDocs with PML has resulted in a paperless initiative that drives greater efficiencies throughout the entire loan lifecycle,” said Gigi Campbell, national sales director, PML.

PriceMyLoan is a proprietary product of Insight Lending Solutions (ILS). Founded in 2002, ILS provides web-based application service for the mortgage lending industry and software as a service (SaaS) to its clients to enhance productivity, reduce IT dependency, and accelerate time-to-value for mortgage companies.

On a personal note: Greg Smith, founder of Advectis and still leading BlitzDocs development, shattered his leg in a skiing accident recently and was unable to speak at the recent MBA Tech show in Dallas. Judson Phillips stepped in and did a fine job, I'm told. Meanwhile, Greg participated in an industry conference call, putting off his next dose of pain medication until the business at hand was concluded, according to buzz in the halls at MBA Tech. Best wishes for a speedy recovery.

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