openPR Logo
Press release

Avista Solutions Announces Seamless Integration to Mortgage Insurance From Genworth Financial

09-22-2011 08:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Avista Solutions

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 partnership when their mutual mortgage lender customers expressed a strong interest in the ability to order MI from Genworth without exiting their Avista Agile LOS. As a result of the integration, Avista customers can now select MI from Genworth during the loan origination process and can expect an MI commitment from Genworth within 60 seconds.

“Meeting the needs of our customers is a priority at Avista, and a seamless integration to MI from Genworth was a recent request that we felt held great value to Avista, our customers and Genworth,” Avista Solutions CEO Mark Phlieger said. “This new partnership with Genworth allows our users to easily connect borrowers with a high quality MI product that will ultimately help them attract more borrowers and close more loans.”

In addition to offering new rates and expanded underwriting guidelines, Genworth is a full-service MI provider with a commitment to industry leading coverage, service and value. Benefits of MI from Genworth include Job Loss Protection, which can pay a qualifying borrower’s mortgage up to $2,000 a month for up to six months; a Homeowner Assistance Program, a one-on-one partnership with a Genworth professional available in the event of a financial hardship; and Homebuyer Privileges, which comprise up to $3,000 in rebates, discounts and special offers.

By ordering MI from Genworth through their Avista Agile LOS, Avista customers can eliminate the hassle of duplicate data entry, receive MI commitment documents in .pdf format and experience improved productivity through faster processing and response time.

“It is important to our customers to have seamless electronic data interface options,” said Robert Noble, Genworth Mortgage Insurance’s Vice President of Information Technology. “These interfaces improve productivity and reduce the time to generate a Genworth MI commitment. We are pleased to be able to provide customers with reliable processing of MI submissions to Genworth through Avista’s LOS offering.”

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 (843) 471-1700, or visit www.AvistaSolutions.com.

About Genworth Financial
Genworth Financial, Inc. is a leading Fortune 500 global financial security company. Genworth has more than $100 billion in assets and employs approximately 6,500 people with a presence in more than 25 countries. Its products and services help meet the investment, protection, retirement and lifestyle needs of more than 15 million customers. Genworth operates through three segments: Retirement and Protection, International and U.S. Mortgage Insurance. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, contact your Genworth sales representative, call the Action Center at 800-444-5664, or visit http://mortgageinsurance.genworth.com.

Avista Solutions
100 Calhoun St.
Suite, 210
Charleston, SC 29401

PRESS CONTACT:
Lauren Johns
843-619-4847
ljohns@avistasolutions.com

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 Announces Seamless Integration to Mortgage Insurance From Genworth Financial here

News-ID: 192874 • Views: 2234

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 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.
Avista Solutions Announces Early Adoption of Fannie Mae’s EarlyCheck
New integration allows Avista Solutions customers to recognize and solve problems early in the loan process Charleston, SC, October 14, 2010 – Avista Solutions®, an award-winning provider of a web-based, end-to-end loan origination system, is pleased to announce its integration of EarlyCheck™, a new service from Fannie Mae® that lets lenders identify and correct loan eligibility and data issues at any point in the business process. Avista Solutions completed the integration

All 5 Releases


More Releases for Genworth

Private Mortgage Insurance Market 2027 | Future Growth and Opportunities with Da …
The global analysis of Private Mortgage Insurance Market and its upcoming prospects have recently added by ResearchMoz to its extensive repository. It has been employed through the primary and secondary research methodologies. This market is expected to become competitive in the upcoming years due to the new entry of a number of startups in the market. Additionally, it offers effective approaches for building business plans strategically which helps to promote
Mortgage Insurance Market May See a Big Move | Arch Capital Group, Essent Group, …
A new statistical surveying study titled Mortgage Insurance Market investigates a few critical features identified with Mortgage Insurance Market covering industry condition, division examination, and focused scene. Down to earth ideas of the market are referenced in a straightforward and unassuming way in this report. A far-reaching and exhaustive essential investigation report features various actualities, for example, improvement factors, business upgrade systems, measurable development, monetary benefit or misfortune to support
Private Mortgage Insurance Market 2027 | Future Growth and Opportunities with Da …
The global analysis of Private Mortgage Insurance Market and its upcoming prospects have recently added by ResearchMoz to its extensive repository. It has been employed through the primary and secondary research methodologies. This market is expected to become competitive in the upcoming years due to the new entry of a number of startups in the market. Additionally, it offers effective approaches for building business plans strategically which helps to promote
Long-Term Care Insurance Market Worth Observing Growth: Transamerica, GoldenCare …
Global Long-Term Care Insurance Market Report 2019 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the Global Long-Term Care Insurance Market. Some of the key players profiled in the study are Allstate, LTC Financial Solutions,
Investigation announced for Investors in Genworth Financial, Inc. (NYSE: GNW)
An investigation was announced concerning potential securities laws violations by Genworth Financial, Inc. in connection with certain financial statements. Investors who purchased shares of Genworth Financial, Inc. (NYSE: GNW), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Genworth Financial, Inc. (NYSE: GNW) concerning whether a
2019-2025 Innovative Enlargement in Mortgage Insurance Market | MGIC Investment …
The Research Insights announces a new report titled as Mortgage Insurance Market, into its enormous depository of reports. The movement reverses about the modest drivers that are impelling the growth of the business and the predicaments expanding against the market by large. It also contains the crucial outlines that are trending in the market. The report has been examined with the contribution of the industry experts. Declaring about the growth drivers