FAM to deploy the Cloudvirga Enterprise POS to its more than 1,400 mortgage advisors nationwide in bid to work smarter, not harder
IRVINE, Calif., Aug. 20, 2018 —
FAM is a full-service mortgage banker that employs more than 1,400 mortgage advisors nationwide and originates more than $13 billion in annual loan volume. Cloudvirga’s private-label, enterprise-grade platform will enable FAM mortgage advisors and their assistants to streamline the mortgage process for conventional, non-conventional and government-backed (FHA/VA/USDA) loans.
The
“Implementing the Cloudvirga Enterprise POS is a critical piece of our Two-X mission,” said Bill Dallas, president, Finance of America Mortgage. “Two-X is our promise to create an environment – including the tools, resources and support – for mortgage advisors to double loan production. We believe a more efficient, reimagined digital mortgage will enable our mortgage advisors to achieve the goal of doubling production and transform the mortgage experience for clients and referral partners. Cloudvirga is an ideal partner for this effort, and we’re very pleased with our progress thus far.”
“Cloudvirga has an unmatched understanding of how to digitally manufacture a loan, and our
About Cloudvirga™
Cloudvirga’s digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform®, uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga’s customer base includes eight 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.
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