West Haven, CT (PRWEB) August 12, 2014
Avantus, a leading provider of customized mortgage credit reports, mortgage-related services and technology solutions, today announced the completion of its integration with mortgage technology solutions provider, Mortech, a Zillow® business. This direct integration allows Mortech® customers to pull credit through Avantus without leaving Mortech’s product and pricing engine, Marksman®, providing a simple, convenient credit solution for lenders. Many Mortech customers use Avantus as their credit report provider.
With Avantus credit reports, key credit information is viewable at a glance with an easy-to-read single page summary detailing FICO scores, fraud alerts, credit summary and late payment history. Avantus credit reports are also fully customizable, allowing Mortech customers to select the format that meets their specific needs. This ability to deliver custom solutions and quickly respond to market trends with new products and services has made Avantus a trusted partner for the nation's financial community for over 75 years.
“Mortech takes pride in delivering best of breed accurate pricing for our lenders.” said Doug Foral, general manager at Mortech. “The ability to pull borrower credit reports earlier in the mortgage pricing process allows loan officers to provide highly accurate pricing to their borrowers. The integration with Avantus will benefit our mutual customers by providing streamlined, efficient credit information.”
“We are excited to partner with an industry leader like Mortech, and look forward to enabling our mutual customers the increased efficiencies this integration allows,” stated Louis Capobianco, president at Avantus. “Avantus will continue to seek opportunities to help our customers streamline their operations and close more loans.”
Avantus is a leading provider of customized mortgage credit reports, mortgage-related services and technology solutions to the nation's financial community. Avantus' easy-to-use suite of products and services allow mortgage loan originators, credit unions, banks and lenders to reduce costs, manage risk, simplify operations and close more loans. In addition to industry-leading credit reporting services, Avantus also offers a complete suite of compliance products including: IRS Direct tax return verifications, Risk-Based Pricing Notices, and Red Flags compliance solutions. More information about the company can be found at its website: http://www.avantus.com.
About Mortech, a Zillow business
Lincoln, Neb.-based Mortech was founded in 1987 to provide product and pricing engine (PPE) solutions, including best execution pricing, AllRegs® eligibility, detailed profits structures, and best execution MI, all for an extensive list of investors; lead management solutions, including a sophisticated sales dashboard, ratetracker, automated lead distribution and email marketing; and lock desk solutions, including lock pipeline management, custom reporting, LO compensation, LOS integration, and the ability to lock directly with investors. Thousands of correspondent lenders, bankers, credit unions, and smaller community lenders use Mortech tools. In addition, Mortech provides mortgage product and pricing information to some of the top real estate and banking websites, including Zillow, BankRate® and LendingTree®. Mortech has been recognized by Mortgage Technology magazine as a Top 50 Service Provider every year since 2010. The company won a 2010 Mortgage Technology magazine Synergy Award with AllRegs. In 2012, Mortech was acquired by leading real estate information marketplace Zillow, Inc. To learn more about Mortech visit http://www.mortech.com.
Zillow, Mortech, and Marksman are registered trademarks of Zillow, Inc. AllRegs is a registered trademark of Mortgage Resource Center, Inc. Bankrate is a registered trademark of Bankrate, Inc. LendingTree is a registered trademark of LendingTree, LLC.