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San Fransisco, Ca. – Oct. 25, 2004 – SwiftView Inc., today unveiled SwiftSend eLoanFolder™, a revolutionary electronic folder for collecting, accessing and delivering loan documents online. SwiftView will demonstrate eLoanFolder in booth 934 at the Mortgage Bankers Association Annual Convention, Oct. 24-27.
SwiftSend eLoanFolder is the latest offering in SwiftView’s SwiftSend™ suite of lending services. It combines Web-based document delivery processes and electronic folders into an integrated service that is more than the sum of the parts. eLoanFolder allows lenders to create secure, online electronic loan folders that streamline loan-related communications between internal departments as well as with borrowers and outside business partners.
eLoanFolder can be adapted to a lender’s processes anywhere, from application to archiving. And because lenders can print directly to eLoanFolder from any application or server, lenders can capture and store documents electronically before the first piece of unnecessary paper is generated. The service can be implemented in a matter of hours rather than months, like imaging systems, and immediately provides huge savings in time, money and resources.
eLoanFolder is all about streamlining and enhancing the interaction between our customers and the people they do business with,” said Steve Bachelder, president of SwiftView. “We are in the business of creating efficiencies in the lending process. eLoanFolder makes it possible for our customers to start paperless and stay paperless.
As we continue to broaden our impact on the lending process with technologies our competitors can’t easily match, we are helping customers transition from legacy systems to a paperless environment in manageable steps."
eLoanFolder enables and simplifies the secure interaction with borrowers, brokers, title companies, attorneys, appraisers, investors, and others without compromising the security and integrity of the folder contents. Authorized users can print, fax, or upload any file or document directly into the eLoanFolder. Lenders can permit the borrower and third-party vendors to upload files or fax documents directly into designated eFolders. SwiftSend eLoanFolder’s integrated document delivery technology lets lenders send secure, hassle-free, read-only copies of the folder contents. Significantly, more than 100,000 lending professionals who have used the SwiftSend service are already familiar with SwiftSend’s secure interaction.
SwiftSend eLoanFolder can be ready to use in a matter of hours, without installing any hardware and without set-up fees or a costly and time-consuming implementation project. It can be immediately adapted to existing processes to help lenders reduce unnecessary paper and start moving towards paperless loan processing. As customers become more familiar with the service, they can tap more advanced features and capabilities to build even more efficiency into their lending processes.
SwiftView’s eLoanFolder will be available for controlled production use before the end of this year.
About SwiftView, Inc.
Founded in 1985, SwiftView, Inc. develops and markets value-added tools
and services that help organizations worldwide capture, view,
print, deliver, access, and archive electronic documents and
drawings. The company’s SwiftSend™ Services
division provides comprehensive, innovative services that enable
lenders to effectively bridge the gap between paper and paperless
by eliminating the inefficiencies and extra handling associated
with unnecessary paper in their workflows. Based in Portland,
Ore., SwiftView has been named one of Oregon’s fastest growing technology
companies for the past five years in a row. For more information,
please visit www.swiftview.com.
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