IRVINE, Calif., April 8, 2019 /PRNewswire/ --Cloudvirga, the leading provider of intelligent point-of-sale (POS) mortgage technology, announced that HousingWire has honored the company with the HW TECH100™ award for the second year in a row.
Photo download: http://www.kcomm.com/wp-content/uploads/2019/04/safe_image.png
Recognized for its unique ability to deliver the modern, intuitive point-of-sale experience consumers demand while simultaneously attacking the out-of-control loan production costs and number of human touches per loan, Cloudvirga's Enterprise POS was selected from an increased number of applicants.
"This year's Tech100 list is stronger than ever! We leveraged a highly-qualified selection committee to review all nominations and guide the selection process. This extra layer of expertise and practical exposure to selected companies was influential in helping HousingWire recognize the 100 fintech companies that deserve the honor of being named the greatest players in the game," said HousingWire Editor-in-Chief Jacob Gaffney. "We couldn't be more proud of the innovators and entrepreneurs behind these organizations and we hope you'll join us in celebrating their inclusion on the most prestigious list of its kind — the HW Tech100."
"Cloudvirga empowers loan officers to rapidly structure and lock in underwriting-ready deals for higher pull-through, faster turn times and more efficient downstream operations," said Tim Von Kaenel, Chief Product Officer. "We're thrilled to be recognized by HousingWire with a 2019 HW TECH100 award."
The Cloudvirga digital POS engine delivers a dramatically simplified mortgage loan process for consumers and a robust workflow to empower the lender much earlier in the loan process. The service is available in enterprise, consumer and broker configurations to provide the most seamless and cost-effective experience in the industry.
The Cloudvirga digital mortgage point-of-sale (POS) engine, powered by the intelligent Mortgage Platform®, uniquely combines a world-class borrower experience with an automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, the Cloudvirga customer base includes nine of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country's top lenders and private-equity firms.