ServiceLink says its EXOS Express Pass technology is now integrated with Cloudvirga’s mortgage point-of-sale platform, enabling lenders to expedite title decisions and digital title delivery.
EXOS is designed to enable lenders to deliver a complete digital mortgage origination experience within one seamless platform. With EXOS Express Pass, lenders can cut days from their origination timeline by receiving an optimized clear-to-close path within seconds, the company says. This enables lenders to allocate resources more efficiently, prioritize loans based on complexity and improve consumer transparency by providing access to various parts of the lending process that had previously been offline.
“2020 brought with it record high originations, historic low mortgage rates and hyper-demand for our lender partners and their businesses,” says Daniel Akiva, co-CEO at Cloudvirga. “Cloudvirga lenders who leverage EXOS Express Pass will be better equipped to keep pace with this demand and deliver the seamless digital mortgage experience borrowers expect, all while more effectively managing their pipelines.”
“While the self-service, digital mortgage application process is becoming commonplace in the mortgage industry, the path to close has remained largely unchanged for the past 30 years,” adds Kiran Vattem, EVP, chief digital and technology officer, at ServiceLink. “With EXOS, we’re focused on driving efficiency and transparency for lenders and borrowers, eliminating guess work and, ultimately, driving more closed loans with less effort.”
Photo: Kiran Vattem