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photo, Greg Smith
Citi Mortgage has joined a growing list of investors now embracing electronic delivery. More and more investors are realizing the power of giving their correspondents an easier way to transact with them.
Advectis here has linked to Citi with BlitzDocs Connector that will enable loan document image delivery from correspondent sellers to Citi Mortgage. As a BlitzDocs networked investor, Citi is prepared to receive imaged loan documents from any lenders using the BlitzDocs Collaboration Suite.
"At Citi, we are committed to providing a paperless delivery mechanism for our correspondent sellers," said Ann Busalacki, vice president, data transfer process from Citigroup, in a prepared statement. "We are excited that lenders who use BlitzDocs are able to ship loan documents electronically to Citigroup using the BlitzDocs Connector."
The system allows correspondent sellers to deliver mortgage loan documents to an investor's or due-diligence provider's proprietary document management or image archiving systems in one click. BlitzDocs Connector, a component of the...