According to Housing Wire, Sierra Pacific Mortgage and Tavant Technologies will be launching a new system under which Tavant will develop a single origination platform for the retail channel, consolidating origination and key fulfillment functions from the disparate systems with integrations to SPM’s enterprise data systems. The origination platform will become the foundation for all channels, which include retail, wholesale, correspondent and consumer-direct.
The platform will give loan officers lead management and point-of-sale tools as well as improved collaboration between all stakeholders.
“Tavant has established its name as a forward-thinking, knowledgeable and proven technology partner in the mortgage space,” Sierra Pacific Mortgage COO Gary Clark said. “We look forward to working with them on our origination platform.”
Tavant will use its surround and extend strategy to scale the current system with advanced functionalities. Full mobile capabilities, eClosing, compliance controls, comprehensive dashboards, multi-channel communication and alternative pricing scenarios will all be included in the functionalities.