VirPack Updates Paperless Loan Delivery System

Posted by Orb Staff on September 15, 2010 No Comments
Categories : FYI

VirPack, a Virginia-base provider of electronic loan delivery and imaging solutions, has launched Enterprise Center 2.0 (EC 2.0), a new paperless solution for lenders.

EC 2.0 includes TaskQ, a proprietary application from VirPack that allows for customized workflow by tasking a loan through each step of the loan process. The loan can be tasked to an individual or a team, and the application provides task reporting and manages task duration and performance, VirPack says.

The system also includes a secure and lender-branded Web portal for document submission by both originators and borrowers, a pre-delivery loan validation process and an enhanced viewing interface that displays each action in the loan and task history, VirPack explains.

SOURCE: VirPack

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