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VirPack has announced that it has renewed its partnership as a preferred vendor of Lenders One, a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services.
“VirPack offers Lenders One members, efficiency and reduced costs to their complex loan servicing processes with smarter document and image management and new delivery capabilities,” said Wayland Pond, senior vice president of sales and marketing at VirPack. “Since 2011, Lenders One members have seen great results from our technology. This partnership allows Lenders One Members to leverage our technology to reduce time spent on managing the typical loan file. We look forward to continuing to offer a great customer experience to the Lenders One members.”
VirPack has released several innovations recently that could have benefits for Lenders One members. VirPack’s Automated Document Recognition and Indexing feature can reduce the time it takes a lender to identify and file document images. Through VirPack’s integrations with service providers, documents generated by service providers in this manner are automatically delivered directly into loan files with zero processor labor.
“Lenders One members have access to technologies that can help them achieve competitive advantage through ongoing innovation, and that’s what we intend for our partnership with VirPack to deliver,” said Jeff McGuiness, CEO of Lenders One. “Due to the significant complexity associated with completing a loan, we are always partnering with providers that can help our members achieve a higher level of productivity and profitability. We are excited to continue our partnership with VirPack and its advanced document management and delivery technology.”