ComplianceEase Announces Solution Integration with Tavant
July 17, 2018 ComplianceEase, a provider of automated compliance solutions, recently announced its ComplianceAnalyzer, 4506xpress and LicenseManager solutions are now integrated within Tavant VELOX product suite. Our integration with Tavant VELOX platform will provide borrowers with a more streamlined, digital experience and enable lenders to confidently close compliant loans faster,” ComplianceEase President John Vong said. The integrations aim to allow customers using the VELOX suite to securely audit loans for regulatory compliance violations, verify borrower income, and automatically verify mortgage loan originators, according to ComplianceEase. ComplianceAnalyzer checks for changes in terms and fees throughout the origination and closing processes and 4506xpress uses automation technology to streamline the income verification process. The company says LicenseManager automatically verifies NMLS IDs, state licenses, and federal registration, ensuring lenders and investors that every MLO is licensed and or registered in the National Mortgage Licensing System and Registry. The VELOX platform supplies data directly from the information source, enabling a simple end-to-end digital mortgage experience for the borrower. Therefore, allowing lenders to connect with mortgage-specific data and service vendors, according to ComplianceEase. “We’re pleased to partner with ComplianceEase to provide access to their risk management solutions,” Tavant Chief Revenue Officer Hassan Rashid said. “This significant partnership highlights the challenges of complying with ever-expanding regulations and the essential role that VELOX can play in alleviating these challenges.” Originally appeared on HousingWire.com
Tavant Launches Robust & Scalable Encompass Testing Shared Services
SANTA CLARA, Calif., June 18, 2018 Tavant, a leading digital products, and solutions company for the consumer lending industry, today announced the launch of its new testing offering, Encompass Testing Shared Services (ETSS) that will foster innovation and enable the company to deliver higher value. Tavant’s Encompass Testing Shared Services (ETSS) offers unparalleled agility, flexibility, and customization to reduce time, cost, and complexity. The solution includes an on-demand, multi-tenant model that provides a ‘pay-per-use’ approach for reducing scheduled maintenance costs and optimizing efforts while enabling greater operational agility. The company’s best practices combined with a large pool of skilled resources will boost the value offered by Encompass Testing Shared Services to its customers. On-demand services offer enterprises much-needed financial flexibility in the form of usage-based pricing. By switching to Encompass Testing Shared Services, these organizations can effectively eliminate quality issues before releasing new Encompass changes. “The need to bring newer products to the market quickly and frequently requires lending organizations to effect changes to Encompass at an unprecedented pace. To enable this, Tavant has released its Encompass Testing Shared Services offering that will provide lending organizations with experienced Encompass testers in a source-when-you-need and pay-as-you-go model. With a range of services that includes test automation, regression test setup, and end-to-end functional test setup, this unique delivery model provides a flexible approach combined with a world-class team of Encompass testing specialists to deliver the right mix of testing services you need,” observed Santosh Subramanian, Tavant’s head of testing practice. “In line with Tavant’s priority to provide value to customers, the Encompass Testing Shared Services model will drastically reduce the expenditure on Encompass change management, while increasing the quality and improving the maturity of application delivery. By transitioning testing activities to this model, organizations will be able to better leverage their Encompass admins and their end-users to design and implement Encompass changes faster,” Subramanian further substantiated. Find Tavant on LinkedIn and Twitter. Media Contact Vibhor Mishra Tavant +1-408-519-5400 [email protected]
Tavant to Exhibit at MBA’s Secondary Market Conference 2018
SANTA CLARA, Calif., May 18, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that it is exhibiting at the MBA’s National Secondary Market Conference & Expo, from May 20-23, 2018, New York. Tavant’s platform provides the ability to perform a single-click dual AUS call and automatically process the resultant findings. It increases productivity, operational efficiency, and leads to higher degrees of fungibility across the GSEs as well as best execution in the secondary markets. The solution uses machine learning and process automation techniques to improve loan quality and provide a path of least resistance to loan sales. “Emerging technologies such as AI, automation, cognitive computing, and machine learning are transforming the mortgage space. Our next-gen solution transforms current mortgage production and servicing processes into a modern digital factory. We offer a true end-to-end digital process that delights consumers and gives mortgage companies a disruptive competitive advantage,” said Vibhor Mishra, Tavant’s head of marketing. Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and seamless omnichannel experience. Tavant is focused on delivering innovative solutions that offer game-changing results for the financial industry. Every element of the loan lifecycle is now digital with VΞLOX. Meet Tavant at Booth #110 to learn how smart processing, conditions management, and decisioning can help you improve loan fungibility and best execution without sacrificing operational efficiency. Email us at [email protected] to schedule a meeting. Find Tavant Technologies on LinkedIn and Twitter.
Tavant and Freddie Mac Team-Up to Provide Smart Decisioning Using One-Click Dual AUS Submissions
SANTA CLARA, Calif., May 17, 2018 Tavant, a leading digital products, and solutions company for the consumer lending industry, today announced that it is collaborating with Freddie Mac to launch a one-click submission of loan data to Loan Product Advisor®, the company’s automated underwriting systems (AUS), providing lenders a means to improve loan fungibility and best execution without sacrificing operational efficiency. This solution uses machine learning and process automation techniques to submit loan-data via a single click to both Freddie Mac and Fannie Mae, enabling lenders to see the full view of options available to their borrowers and ultimately leading to an improved borrower experience. In the first phase of the launch, Tavant will begin piloting this solution with four selected lenders leveraging the partnership to achieve best execution goals. “We are enabling mortgage lenders to thrive in the digital era. Our partnership with Freddie Mac will increase productivity, improve accuracy in the loan decisioning and underwriting process and reduce the overall origination cycle time. It provides intelligent support throughout the loan lifecycle and reduces the overall cost of loan origination,” said Hassan Rashid, CRO, Tavant. “Freddie Mac is excited about this partnership with Tavant. We have a shared vision of embracing and adapting new technologies such as machine learning and automation to empower our clients,” said Rick Lang, vice president of Freddie Mac’s Loan Advisor Suite® strategy and integration for the Single-Family business. “Lenders are looking for solutions that provide them with the loan origination options needed to more efficiently deliver a better borrower experience.” Tavant’s lending products and platforms are transforming lenders into intelligent digital lending enterprises. Its suite of solutions provides the flexibility and scale that helps deliver immersive lending journeys and a seamless omnichannel experience. Find Tavant on LinkedIn and Twitter. Media Contact: Vibhor Mishra Tavant +1-408-519-5400 [email protected]
Factual Data® Announces Credit Integration with Tavant VΞLOX Suite
LOVELAND, COLO. (PRWEB) MAY 10, 2018 Factual Data, one of the nation’s premier providers of credit and data validation services to the mortgage lending industry, is teaming with Tavant to provide comprehensive consumer credit history within Tavant VΞLOX – the leading AI-powered digital lending platform. Tavant VΞLOX suite provides mortgage applicants the ability to manage their borrowing experience seamlessly by entering their information on mobile or desktop devices and routing that information directly to a loan officer. Lenders will have the ability to integrate Factual Data’s industry-trusted borrower credit information into the loan profile through Tavant’s digital mortgage hub. For lenders, VΞLOX represents a single interface that engages consumers and lenders in an immersive experience, providing real-time status and process updates. “This collaboration provides customers with an easy and efficient process for seeking a mortgage,” said Factual Data President Jay Giesen. “It also benefits loan officers by quickly providing them with a rich set of credit data needed to make an informed decision.” “We are excited to partner with Factual Data as they look to help borrowers with one of life’s most important purchases. Factual Data and Tavant have a shared vision to bring a straightforward, more transparent digital lending experience to more borrowers than ever before,” said Tavant Vice President and Head of Consumer Lending Practice Mohammad Rashid. About Factual Data Factual Data is a trusted provider of credit, risk mitigation, flood, and verification services to the mortgage industry. Leveraging innovative technology and deep industry experience, Factual Data simplifies the mortgage lending process for its customers and their borrowers. For information, please call 800-275-3389 or visit http://www.factualdata.com. About Tavant VΞLOX Tavant VΞLOX is the industry’s leading AI digital platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing. Find Tavant on LinkedIn and Twitter. PRESS CONTACTS: Factual Data Chris Horn (970) 619-7017 chorn(at)factualdata(dot)com Tavant Vibhor Mishra (408) 519-5400 [email protected] Note: As appeared on PRweb.com
Tavant and Ostmodern Announce Skylark Partnership as Part of Their Core Technology for Delivering Video Editorial Platforms
SANTA CLARA, Calif., May 8, 2018 Tavant and Ostmodern today announced a strategic partnership to deliver video editorial platforms for their mutual customers. Tavant and Ostmodern will work collaboratively to deploy, configure, and integrate best-in-class products into the Skylark platform, Ostmodern’s headless content management system, and build highly personalized front-end experiences. Skylark is Ostmodern’s chief product offering. Its multi-dimensional scheduling system gives customers unparalleled levels of control over their content, driving innovation in the broadcasting, sports, OTT and digital publishing sectors. Built on a robust API framework, it is designed specifically for rich media consumption across a range of platforms including web, mobile, TV, AR, and VR. “The increasing number of content owners, publishers, MPVD, and TV networks need a solution that combines the strengths of a traditional CMS and an OTT platform. Ostmodern’s technically progressive platform transcends these challenges, paving the way for fresh omnichannel media experiences,” said Ravi Peravali, head of Tavant’s media and entertainment practice. “Tavant’s deep understanding of the media industry and their mission to innovate and challenge traditional assumptions of platforms are a perfect fit for Ostmodern,” said Tom Williams, CEO of Ostmodern. Experts from Tavant and Ostmodern will be available at the Streaming Media East conference, May 8-9 in New York to discuss how this relationship can benefit their customers. Write to [email protected] or call (866) 9-TAVANT to schedule a meeting. Find Tavant on LinkedIn and Twitter. About Ostmodern Ostmodern is a creative technology company built on a foundation of design thinking. It is a leader in creating progressive digital media products in the entertainment and sports industries. With strong roots in design and broadcasting, it has developed unparalleled expertise in engaging and retaining audiences around the world. Skylark is driving innovation for companies such as Formula 1, BBC Worldwide, the British Film Institute and ITV Box Office. https://www.skylarkplatform.com/ Media Contacts: Tavant Vibhor Mishra Tavant +1 (408) 519-5400 [email protected] Ostmodern Stuart Ferreira-Cole, Commercial Director Ostmodern [email protected] Richard Amos, SVP Technology Ostmodern [email protected]
Genworth Mortgage Insurance’s New Website Wins Tech 100 Award
SANTA CLARA, Calif., May 1, 2018 Tavant, a leading digital products and solutions company for the consumer lending industry, today announced that the new Genworth Mortgage Insurance website, jointly developed by Genworth and Tavant, received the prestigious HousingWire Tech 100 award. The initiative accelerates Genworth’s digital transformation journey, leveraging technology to enhance its strong customer service offerings and experiences. The new website, launched in the fall of 2017, seamlessly combines advanced cloud-based capabilities and deep insights from the company’s customers to maximize usability and user experience. Some key features include a visual pipeline tracking system, reduced data entry for quick and easy submissions of mortgage insurance (MI) applications, and online MI activation. Adopting a design-centric approach to achieve business agility, the new design delivers elegant user interfaces and seamless, device-agnostic experiences with enhanced site search capabilities. “Our focus has been on building a digital experience that addresses the needs of our customers. We measured customer satisfaction with the new site, earning 4.7/5 on ease of use and 4.8/5 on performance, speed and efficiency,” stated Erika Martin, Genworth USMI’s Director of Customer Experience. “Our partnership with Tavant allowed an on-time and quality launch of the website. Their UX research and design expertise combined with deep mortgage technology experience enabled us to provide an exceptional customer experience resulting in high customer satisfaction scores,” she added. “We designed the entire system from the ground up to ensure that as the needs of Genworth’s users continue to change, their system can easily scale to meet those needs,” said Vibhor Mishra, Head of Marketing, Tavant. “Engaging Genworth’s customers in the website redesign significantly helped identify what users loved and wanted to retain from the old website, and what new features and improvements they expect from the new one. And it enabled us to validate our design and functionality iteratively. We are delighted that the website has been recognized by HousingWire,” he concluded. Find Tavant on LinkedIn and Twitter. About Genworth Financial Genworth Financial, Inc. (NYSE: GNW) is a Fortune 500 insurance holding company committed to helping families achieve the dream of homeownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com. From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the “Investors” section of genworth.com. From time to time, Genworth’s publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage Insurance Australia Limited, separately release financial and other information about their operations. This information can be found at http://www.genworth.com. Media Contacts: Vibhor Mishra: Tavant Technologies +1-408-519-5400 [email protected] Jennifer Abraczinskas Genworth Mortgage Insurance +1-919-870-2195 [email protected]
Tavant FinConnect Processes Over One Million Digital Mortgage Transactions in One Year
Enables more than $75B in mortgage originations
Tavant Adds Digital Verification to Speed Mortgage Application for Lenders and borrowers
New collaboration with Experian brings the ability to leverage Day 1 CertaintyTM verification, bringing the industry a step closer to a frictionless mortgage application process
Tavant Invited to Speak at MBA’s Technology Solutions Conference 2018
To speak on digital mortgage & consumer experience and emerging technologies tracks