ISGN Partners With Data-Vision to Enhance Online Lending

""ISGN Corporation"":http://www.ISGN.com, a global mortgage solutions company headquartered in Bensalem, Pennsylvania, and Mishawaka, Indiana-based ""Data-Vision"":http://www.d-vision.com, a provider of Internet lending technologies, announced on Tuesday that they have integrated their loan systems.
The two companies explained in a press statement that their partnership will help lenders streamline operations by providing them with an interactive web portal suite to take applications, instantly qualify home loan requests, provide customers with status details, and deliver initial disclosures and closing documents - all electronically over the Internet.
Specifically, users of Diamond and MORVision, ISGN’s loan origination systems, will benefit from seamless integration into Data-Vision’s LoanQuoter point-of-sale product, pricing and eligibility engine, as well as its RemoteDocs electronic delivery platform. Used in tandem, the companies said, LoanQuoter and RemoteDocs enable ISGN customers to build a comprehensive online lending solution to service the growing online consumer segment.
The interactive online lending channel includes live chat and offers customized online advice to ISGN customers, which the company says are vital to improving productivity and closing more loans. Additionally, the system's electronic delivery platform provides a secure connection between lender users and third-party providers, such as credit reports, appraisals, tax and insurance outsourcing, and automated valuation models (AVMs).
Randy Schmidt, Data-Vision's president, commented, ""The enhanced strategic partnership with ISGN and our in-depth understanding of ISGN’s Diamond and MORvision platforms provides our mutual clients even greater value. The synergies between the two organizations will enable us to rapidly advance web portal and e-lending solutions within the financial services industry. We share in the unified goal of delivering seamless system integration to ISGN clients, while streamlining the online lending and electronic delivery process to drive down costs.""
Reggie Swiney, president of mortgage products for ISGN, added, ""In today’s rapidly changing mortgage market, lenders are constantly looking for ways to streamline their operations while increasing productivity. Through these tight integrations, we’re empowering lenders to markedly increase staff efficiency, reduce costs, and optimize their online lending channels.""