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American Brokers Conduit Announces New e-Doc Request

Fri, 03/16/2007 - 18:38 — keith

New automated loan process provides true end-to-end solution

MELVILLE, N.Y. – (March 7, 2007) American Brokers Conduit (ABC), the wholesale division of American Home Mortgage Investment Corp. (NYSE:AHM), a publicly held mortgage Real Estate Investment Trust (REIT), now offers its broker partners the convenience of its new e-Doc Request automated process.

Once a loan is approved, brokers can now review fees, enter their settlement agent, and choose a closing date—all online. “Using ABC’s new e-Docs Request, brokers are no longer required to complete a paper fee sheet or fax their closing document request,” said Lisa Schreiber, Executive Vice President, of American Brokers Conduit. “The loan information is pre-populated so brokers can submit accurate data electronically, eliminating any confusion and expediting the closing process.”

This new feature on ABC’s website (www.abconduit.com) illustrates ABC’s commitment of leveraging today’s technology to enhance the broker’s experience when conducting loan transactions. It also provides a completely automated process—from beginning to end.

About American Brokers Conduit
American Brokers Conduit (ABC) is the wholesale division of American Home Mortgage Investment Corporation, a publicly held Real Estate Investment Trust (NYSE: AHM). ABC operates nationwide and has built a business model based on a broker-centric strategy that is supported by five platforms of growth; Product, Service, Technology, Marketing and Education. These interconnected platforms have been developed to help ABC’s mortgage broker partners increase origination volume and build a more responsive, efficient and profitable business. American Brokers Conduit is currently one of the top ten ranking wholesale lenders in the nation. For more information on American Brokers Conduit, please visit www.abconduit.com.

About American Home Mortgage
American Home Mortgage Investment Corp. is a mortgage REIT focused on earning net interest income from self-originated mortgage-backed securities, and through its taxable subsidiaries, from originating and servicing mortgage loans for institutional investors. Mortgages are originated through a network of loan production offices as well as through mortgage brokers and are serviced at the Company's Irving, Texas servicing center. For additional information, please visit the Company's Website at http://www.americanhm.com.

CONTACT:
John Lovallo of Lovallo Communications Group, LLC
Telephone – 203-431-0587
Email – johnlovallolrpr@sbcglobal.net

About author

Keith Gregory is the administrator for American Mortgage News. At this stage, most content posted here is in the form of a press release. As such, there is no implied warrently over the contents of an article, or any statement or endorsement of any kind whatsoever.