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Orion Rolls Out Onsite Servicing.(technology used)(Brief article)

Mortgage Servicing News

| April 01, 2006 | COPYRIGHT 2006 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Southlake, TX -- Orion Financial Group said that Mission Capital Advisors has started using Orion's electronic onsite servicing offering.

Orion's EOS streamlines lien assignment and release processes, company president Mike Wileman said.

He said that Orion has customized the EOS offering to meet the needs of Mission Capital Advisors, capturing the mortgage and assignment information needed for one of its clients for the sale of block of loans. That required Orion to travel to the lender's custodian and scan documents onsite.

Mission Capital Advisors is a boutique investment banking firm specializing in the sale and management of performing, subperforming and nonperforming loan portfolios.

In a recent conversation with MSN during the recent MBA national mortgage servicing conference, Mr. Wileman said that Orion's ability to adapt its services to meet the needs of clients is one of the things that distinguishes his firm from other ...

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