Award recognizes the most innovative technology companies in the U.S. housing economy
MCLEAN, Va., March 8, 2017 – VirPack, a leading provider of document management, imaging and workflow solutions, was named to the 2017 HW TECH100™ for the fourth consecutive year.
The TECH100™ represents the housing economy’s 100 most innovative technology companies, covering the entire mortgage finance spectrum. VirPack was awarded the honor for its Document Management and Delivery System (DMDS) that enables lenders, banks and credit unions to manage the electronic, digitally executed and paper-based documents required to efficiently originate, process, underwrite, close, sell and/or service loans.
“The companies that make up the 2017 HW TECH100™ are the cream of the crop of the entire housing industry, from real estate to mortgage lending, servicing, and investment,” said HousingWire Senior Financial Reporter Ben Lane. “These companies aren’t just taking part in the housing industry’s technological revolution; they’re leading it.”
VirPack was also recognized for innovative features offered by DMDS including: nine methods of capturing documents and images, automated identification and indexing of documents using forms recognition and OCR technology, and for its exclusive one-click electronic loan delivery application, which offers more than 75 preconfigured delivery profiles and stacking orders enabling it to instantly prepare and deliver loan files to investors and service providers in the specific format they require.
“VirPack appreciates being named to Housing Wire’s HW TECH100™ for the fourth consecutive year. Our mission continues to focus on assisting our customers with increasing their operational efficiency through our ongoing delivery of innovative and cost-effective document management technology and services,” said Cy Brinn, president of VirPack.
“The companies in the 2017 HW TECH100™ cover the entire mortgage finance spectrum. There’s hardly a corner of our industry that hasn’t been transformed in some way, either by fintech startups focusing on a specific software need or legacy companies evolving to compete in the new environment,” said HousingWire Magazine Editor Sarah Wheeler. “Now more than ever, these companies are delivering the innovation this industry needs to do its most important job: supporting the American Dream.”
VirPack is a leading provider of document management, imaging and workflow solutions to mortgage lenders, banks and credit unions. VirPack’s Document Management and Delivery System (DMDS) simplifies paper-intensive processes and generates significant operational efficiencies for every step of the lending lifecycle and any business sector or process that involves collecting, viewing, managing and storing documents and images. Learn more at http://www.virpack.com.
HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.