LenderLive Holdings has announced that it is rebranding itself as Covius Holdings to reflect its new strategic direction.
Covius Holdings is the parent company of LenderLive Services, LenderLive Network, and Require Holdings. The company provides technology-enabled products to the financial services industry through various subsidiaries, including document management, regulatory compliance, commercial and residential loan due diligence, settlement services, business process automation, and lien release tracking.
The company said there will be no changes to the name of LenderLive Network, the private-label fulfillment subsidiary it is selling to Computershare.
"For twenty years, the LenderLive brand has been synonymous with outsourced private-label mortgage fulfillment," Covius Chairman and CEO Rob Clements said. "With the pending sale of our network division, we chose a new brand – Covius – that reflects our new strategic direction.”
Together with Covius President and COO John Surface, Clements in the past year has refocused the company’s strategy on the services, information products, and technology that financial companies depend on. Covius has been the name of the company’s established SaaS development platform.