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Citigroup combines CitiMortgage and CitiFinancial Mortgage

National Mortgage Professional
Aug 08, 2006

Avista to implement origination system for Thornburg and Southern TrustMortgagePress.comWeb mortgage loan origination system, Avista, Thornburg, Southern Trust Avista Solutions has been chosen to implement a new Web-based mortgage loan origination and product and pricing system for Thornburg Mortgage and Southern Trust Mortgage. The Avista Accelerator loan origination system allows the user to create loan applications online or import them from external loan origination software, as well as order services, such as credit reports and automated underwriting. The Avista Advantage Product & Pricing Engine includes a pricing scenario tool, which allows the user to evaluate borrower loan eligibility and receive a list of qualified products with fully adjusted pricing, as well as disqualified products and reasons for disqualification, with as few as 12 fields of data. Avista Solutions is a mortgage software company based in Columbia, S.C. For more information, call (803) 788-4936 or visit www.avistasolutions.com. Santa Fe, N.M.-based Thornburg Mortgage is a single-family residential mortgage lender focused primarily on the jumbo segment of the adjustable-rate mortgage market. For more information, call (505) 989-1900 or visit www.thornburgmortgage.com. Southern Trust Mortgage is a mortgage company based in Norfolk, Va. For more information, call (800) 748-2147 or visit www.southerntrust.com.
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