Award recognizes top technology companies in the mortgage industry that deliver innovative products
Milford, Pa., March 1, 2017-Advanced Data Corporation, a mortgage industry leader in enterprise-wide fraud prevention and enhanced verifications, was named to HousingWire Magazine’s prestigious 2017 HW TECH100™, an award reserved for the top technology companies in the mortgage industry.
Advanced Data was selected because it developed an electronic signature capability that enables employers to sign and complete a 1005 form electronically through its eDocument Solutions portal. An upgrade prevents employers from returning eVOEs unless they are 100% completed. Also, an interface between Advanced Data and Ellie Mae Encompass let clients order VOE, income tax verification form 4506-T, Social Security number verification and verification of deposit through the company’s intuitive, user interface. Advanced Data also produced breakthroughs in forms for self-employed borrowers, for whom it automatically populates the form required to complete a mortgage transaction.
“Our team is honored that Advanced Data’s technology and commitment to excellence have been recognized with a 2017 HW TECH100™ award,” said Allen Johnson, CEO at Advanced Data. “We have always invested in technology that’s innovative and trailblazing, not for its own sake, but because it generates efficiency, reduces costs and saves time, freeing lenders to originate more loans. It’s gratifying to be recognized for helping clients achieve and surpass their goals.”
“The companies that make up the 2017 HW TECH100™ are the cream of the crop of the entire housing industry, from real estate to mortgage lending, servicing, and investment,” said HousingWire Senior Financial Reporter Ben Lane. “These companies aren’t just taking part in the housing industry’s technological revolution; they’re leading it.”
About HousingWireHousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments, and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.
About Advanced DataAdvanced Data is recognized as the standard for enterprise-wide mortgage data integrity, specializing in fraud prevention and enhanced verifications. Its proprietary technology is integrated with loan origination systems, and the firm offers a SaaS platform for clients that prefer a custom solution. Its services include eSign 4506-T, streamlined verifications and re-verifications of employment, fraud reports, multiple levels of social security number verifications, AVM plus property inspection, and flood zone determinations. Advanced Data’s proprietary Fraud Report identifies each loan’s fraud risk before and after funding. The firm prides itself on delivering superb customer service, hiring experienced employees, and developing customized, sophisticated technology. It’s one of the only firms in its sector to employ an in-house development group, which ensures its technology provides a competitive advantage to clients and can be customized to their needs. For more information, visit advanceddata.com.
Press ContactsMatt Strickberger
OnPoint PR and Consulting LLC
Compliance and Verification Division