New Vista Solutions, a vendor management company for residential and commercial mortgage lenders, has announced the launch of a new product for refinance and home equity lenders.
The product, FastTrack, is a suite of customizable settlement services designed to speed up the loan closing process while maintaining compliance and reducing the cost of traditional settlement products and services.
"Our lender customers have been asking for a way to streamline their lending process while cutting costs and maintaining compliance," said Jesse Rivera, CEO of New Vista Solutions. "We're excited to be able to offer this new service."
Additionally, one of FastTrack's featured products automates the process of acquiring employment, income, and asset verification. Other products from the bundle include flood determination, residential evaluation, hybrid appraisal, and warranted title search.