TheMReport — News and strategies for the evolving mortgage marketplace.
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Special Advertorial Section Xerox Mortgage Services CORPORATE PROFILE Xerox Mortgage Services provides an award-winning, cloud-based, intelligent collaborative network that accelerates loans throughout the entire lifecycle, from origination to post-closing to servicing. Reaching more lenders, underwriters, investors, and other parties than anyone else, BlitzDocs delivers advanced paperless capabilities and provides tremendous flexibility as it is configured to clients' workflow and integrated with current systems. Solely focused on the mortgage industry for the past decade, Xerox Mortgage Services has helped hundreds of lenders take their business paperless. Corporate Headquarters Key personnel Ken Marlin Company History VP and General Manager The company was founded in 2001 under the name Advectis, Inc. In 2007, Xerox acquired Advectis, forming Xerox Mortgage Services. The company now leverages the power of Xerox and its divisions, specifically Xerox Services for its global-leading business process outsourcing (BPO) capabilities. Matt Hodge Chief Technology Officer Jamie Williamson VP, Sales VP, Client Services Number of Employ ees 35 contact infor m ation Jamie Williamson VP, Sales Phone: 678.460.2476 Email: XMS-information@xerox.com 9040 Roswell Road, Suite 700 Sandy Springs, Georgia 30350 Phone: 855.456.7304 or 678.460.2460 Web: xerox-xms.com • • • • Multi-tier security settings for optimal security Detailed audit trail for activity tracking and transparency Document-driven workflow for accelerated turnaround Automated document recognition (ADR), patented DataGlyph technology and integration with Xerox Services global-leading, end-to-end BPO services for fast and accurate automatic document classification • Agnostic system for integration with your best-ofbreed systems • BlitzDocs collaborative network: 25+ investors and warehouse banks; eight leading due diligence/quality control providers; dozens of loan origination systems, doc prep providers, and mortgage insurance companies; servicers, subservicers, and more It's about more than imaging. It's about connecting the industry's disparate parties, from origination to post-closing to servicing, through electronic collaboration. BlitzDocs' electronic loan folder accelerates the loan process by providing multi-tier security for different users and a collaborative network that connects lenders with their mortgage insurance companies, due diligence providers, investors, servicers, and more. Further, BlitzDocs XE provides a secure communication method for borrowers and closing agents, enabling eDisclosures and eClosing delivery. Delivery Platform Geographical Scope and Coverage Area • An intelligent model, including document-driven workflow that mimics lenders' existing processes and integrates with their trading partners, and the ability to manage images, electronic documents, and data. • Flexible solutions, including a secure and highly configurable approach to meeting a lender's business needs and the ability to manage exceptions. • A part of the Xerox family, Xerox Mortgage Services has served the mortgage industry for more than a decade and leverages its sister companies capabilities to help guide lenders to a true eMortgage. United States and Puerto Rico Product Solution BlitzDocs: Delivered as a cloud-based system, it is flexible to meet clients' needs. Core to the award-winning solution is the electronic loan folder (eFolder) that mirrors a traditional loan folder. With the multi-tier security, a brandable interface, an open system that works with clients' trading partners, and the ability to manage and collaborate on paper-sourced images, native electronic documents and data, BlitzDocs increases collaboration and accelerates the loan process. BlitzDocs XE: Brings external third parties such ® The M Report Key Features Business Lines, Services, and Products Prudence Green 48 | BlitzDocs eVault: With MERS eRegistry connectivity, the BlitzDocs eVault is the industry's largest hosted eVault (or online repository). Lenders benefit from secure long-time archival, delivery of eNotes to MERS for registration, certification of eNotes, and the ability to service transactions electronically. as borrowers and closing agents into the fold with a secure portal to access, view, and perform required actions on documents. By enabling electronic consent, acknowledgement, and signatures of eDisclosures and eConsent, eAcknowledgements, BlitzDocs XE drives out costs, improves communications, and accelerates the time to funding. Software-as-a Service (SaaS) competitive advantage Xerox Mortgage Services provide a paperless, cloudbased collaborative network specifically designed for the mortgage industry. Three things set the company apart from the basic imaging system and help it guide clients to a true eMortgage: its intelligent model, the flexibility of its systems, and the fact that the company is Xerox. Further, for more than a decade, Xerox Mortgage Services has been recognized as a Top Service Provider for its exceptional service and continual innovation.