Greater Efficiencies Drive Paperless Loan Processing
WINSTON-SALEM, N.C., July 27 /PRNewswire-FirstCall/ -- Triad Guaranty Inc.
(Nasdaq: TGIC) announced that its subsidiary, Triad Guaranty Insurance
Corporation, has introduced Web Docs, a secure web-based proprietary platform
for fast, easy electronic delivery of documents. Requests for mortgage
insurance or contract underwriting services can be accomplished in seconds
over a secure Internet connection.
"Web Docs truly moves us one step closer to paperless loan processing,"
said Pam Morrison, CMB, CMT, Vice President, eCommerce Development and
Operations, Triad Guaranty Insurance. "It is fast, easy and provides total
security in the transfer of borrower information to complete the transaction.
Best of all, the service is free."
According to Morrison, Triad is continually looking for ways to apply
technology to improve its processes and provide additional value to its
customers. Web Docs is consistent with Triad's strategic objectives and
electronic and paperless initiatives. The platform promotes paperless
mortgages, allows real time delivery of documents, reduces hard costs for the
lender and makes the entire loan application process more efficient and
streamlined. Web Docs is fully functional and can be accessed directly
through Triad's TAXI(sm) home page; http://www.triadguaranty.com/body_taxi.htm or,
for information, email at ecommerce@tgic.com.
Triad Guaranty Insurance Corporation, a wholly owned subsidiary of Triad
Guaranty Inc., is a nationwide mortgage insurer providing mortgage insurance
(MI) to residential mortgage lenders. Private MI makes homeownership available
to buyers with equity of less than 20%, facilitates the sale of mortgage loans
in the secondary market and protects lenders from default-related expenses.
For more information, please visit the company's web site at
http://www.triadguaranty.com.
SOURCE Triad Guaranty Inc.
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Related links:
http://www.triadguaranty.com
http://www.triadguaranty.com/body_taxi.htm
CONTACT:
Jerrold C. Schwartz, Vice President,
Marketing of Triad Guaranty Inc., +1-800-451-4872, ext. 1122, or
jschwartz@tgic.com
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