Digital mortgage

Online Doc Provider’s Growth Underscores Emergence of eMortgages 

Advectis, Inc., provider of a widely-used solution for electronic mortgage document collaboration, said today that it more than doubled the volume of loans processed or delivered through its collaborative document network in 2006. The company, which has grown its employee base by more than 83 percent in 2006, also grew revenue by more than 100 percent. Advectis’ overall volume of 2006 loans in the BlitzDocs network increased 226 percent from 2005, underscoring the industry’s move towards paperless mortgage processing.