openPR Logo
Press release

AVISTA SOLUTIONS CELEBRATES NINE YEARS IN BUSINESS WITH A RECORD NUMBER OF NEW CUSTOMERS

05-11-2010 10:20 AM CET | IT, New Media & Software

Press release from: Avista Solutions

CHICAGO, IL, APRIL 26, 2010 – Avista Solutions, a leading provider of web-based, end-to-end mortgage loan origination software, added a record number of new customers, 23, in the past six months. This remarkable accomplishment took place just a month after the company reached its ninth anniversary in March.

The new Avista Agile™ Loan Origination System (LOS) customers include 14 community banks with $8.63 billion in assets ranging in size from $89 million to $3.09 billion, 3 credit unions with $5.08 billion in assets ranging in size from $63 million to $4.54 billion and 6 independent mortgage bankers based out of 19 different states. With an expanded pool of customers, Avista Solutions’ loan origination system now has over 61,000 active users nationwide.

“The growth we experienced in 2009 was a record in itself,” Avista Solutions CEO Mark Phlieger said. “However, the rapid rate at which we’ve added new customers in the past six months was really exceptional. As the market continues to present challenges to lenders, they’re seeking an agile, low-maintenance, cost-effective, convenient technology solution, and more and more lenders have discovered that Avista Solutions meets their needs.”

Since celebrating its eighth anniversary in March 2009, the Avista Solutions staff has placed a special emphasis on serving its customers by implementing new functionality and providing a heightened level of customer service. Avista recently unveiled new consumer direct website functionality, which allows lenders to control a wide range of consumer direct site features directly from their B2B administrative website. Additionally, new Avista Solutions Chief Operating and Chief Financial Officer Jerry White, who formerly served as a Chief Financial Officer at Metavante Banking Solutions, has introduced the effective customer service tactics he’s learned over the years to Avista.

“We’ve been putting better, more streamlined communication efforts in place with our customers and instilling the confidence that their needs will be met,” White said. “We’re offering our customers different lines of communication, paying attention to detail and focusing on new sales.”

Avista Solutions has reached many milestones since signing on its first customer in 2001, among them processing more than 100,000 loan applications in one month, creating Avista Eagle AUS™ integrated to FHA TOTAL Scorecard, winning several awards from Mortgage Technology magazine and being chosen by the Lenders One consortium as its first LOS provider.

As Avista Solutions approaches its landmark 10th anniversary, the company expects its rapid customer growth rate to continue to accelerate as its staff focuses on driving new sales, introducing new system features and offering the best customer service the industry has to offer.

About Avista Solutions

Avista Solutions, the Mortgage Technology magazine “2007-2008 Mortgage Technology Help Desk Award Winner” and a perennial "Top 50 Mortgage Technology Provider," is a leader in sophisticated web-based loan origination systems. Avista Solutions’ suite of mortgage lending software provides complete, end-to-end solutions incorporating loan origination, product eligibility, pricing and imaging that can be rapidly implemented across all origination channels. For more information, please call (803) 788-4936, or visit www.AvistaSolutions.com.

PRESS CONTACT:
Meredith Regan
(803)-788-4936 x312
mregan@avistasolutions.com

115 Atrium Way Ste. 218
Columbia, SC 29223

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release AVISTA SOLUTIONS CELEBRATES NINE YEARS IN BUSINESS WITH A RECORD NUMBER OF NEW CUSTOMERS here

News-ID: 131283 • Views: 1062

More Releases from Avista Solutions

Avista Solutions Completes LOS Implementation for First National Bank of Pennsyl …
First National Bank’s search for a web-based retail lending platform with transparency and advanced reporting capabilities was fulfilled by Avista Solutions’ loan origination system Charleston, SC, January 17, 2012 – Avista Solutions, a leading provider of a web-based, end-to-end, mortgage loan origination system, welcomes Hermitage, PA-based First National Bank of Pennsylvania as a new customer. First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), recently launched the Avista
Avista Solutions Announces Partnership With ComplianceEase®
The mortgage software company’s latest integration directly connects customers to ComplianceEase’s automated compliance auditing solution, ComplianceAnalyzer® Charleston, SC, December 14, 2011—Avista Solutions, a leading provider of a web-based, end-to-end mortgage loan origination system, is pleased to announce its completion of a direct integration to ComplianceAnalyzer®, an industry leading, automated compliance auditing solution from risk management solution company ComplianceEase®. Avista Solutions and ComplianceEase have a number of mutual customers and this integration allows
Avista Solutions Announces Seamless Integration to Mortgage Insurance From Genwo …
Customers of Avista Solutions now have access to Genworth Mortgage Insurance through a direct integration to Avista’s loan origination system Charleston, SC, September 21, 2011 – Avista Solutions, an award-winning provider of a web-based, end-to-end mortgage loan origination system, is pleased to announce that mortgage insurance (MI) from leading global financial security company Genworth Financial is now available to its customers through a direct system integration. The two companies began cultivating a
Avista Solutions Completes LOS Implementation for South Central Bank in Record T …
Retail, Wholesale and Consumer Direct platforms up and running for Avista’s newest customer in just 30 business days Charleston, SC, October 20, 2010 – Earlier this year, South Central Bank’s Mortgage Division President, Tom Hughes, launched a search for a new loan origination system with three key features – a consumer direct site, a web-based retail site and a wholesale site – all to be implemented within a tight time frame.

All 5 Releases


More Releases for Mortgage

Boca Raton Welcomes A New Mortgage Lender: DreamLink Mortgage
DreamLink Mortgage will masterfully serve the mortgage needs in the South Florida area and beyond. Using cutting-edge financial technology with a simplified virtual closing process, DreamLink offers the lowest rates with reduced turn-around time. Three-decades long mortgage lender Eric Wagner launches DreamLink Mortgage, a new leading mortgage provider, bringing the same trusted knowledge and expertise with improved products, systems and processes. Wagner has worked in the mortgage business since 1991, his
Mortgage Underwriting Services Outsourcing
Mortgage Underwriting Services Outsourcing Category :- News/ Business/Finance/ Mortgage Texas (USA), Canada (Toronto) & India (Business Network)— Suma Soft’s Outsourcing Mortgage Underwriting Services assist mortgage lenders to efficiently streamline business processes involved in mortgage underwriting. Suma Soft has developed an integrated mortgage loan origination process that ensures collection, organization and evaluation of required documents are done before the loan is submitted for underwriting. Maintaining Secrecy & provides round the clock support Suma
Outsource Mortgage Loan Processing Services
Texas (USA), Canada (Toronto) & London (Business Network)— Suma Soft’s Outsource Mortgage Loan Processing Services in USA assist mortgage lenders to efficiently streamline business processes involved in mortgage loan processing. Suma Soft has developed an integrated mortgage loan origination process that ensures collection, organization and evaluation of required documents are done before the loan is submitted for underwriting. Reduce Overall Cost of Operations & Provide Round the Clock support - The
Mortgage Loan Origination Processing USA
Texas (USA), Canada (Toronto) & India (Business Network)—Among the top enterprises offering Mortgage Loan Origination Processing USA is Suma Soft Pvt Ltd., a 15+year old global ITES & BPO solutions provider. Holding a wide experience in technical and business process needs, the firm has catered to leading BFSI and NBFC’s and empowered the organizations in Mortgage sector with advanced technology, innovative analytic and continuous team support. Suma Soft offers a range
Total Mortgage Services Receives West Virginia Mortgage Lender License
Total Mortgage Services, LLC, a leading mortgage lender, announced today that it received its West Virginia Mortgage Lender License from the West Virginia Division of Banking and is able to originate residential mortgage loans throughout the state of West Virginia. Total Mortgage is licensed as a mortgage lender in West Virginia and holds Mortgage Lender License ML-30789. “We believe we are entering the West Virginia market at a very
Accord joins Countrywide Mortgage Services
Accord Mortgages has joined forces with Countrywide Mortgage Services and is now on its panel of mortgage lenders. Countrywide is the UK's largest mortgage broker, operating approximately 700 mortgage consultants across the UK, offering exclusive products through a panel of mortgage lenders. Countrywide's customer proposition also enables consultants to source a range of off-panel products for specialist lending cases or for customers seeking specific mortgage products. The news follows the merger