Cloudvirga announced today that it has been selected as the winner for the Best Rate Referrals Award for Best Technology at the inaugural Power Originator Summit organized by Mortgage Professional America (MPA). MPA is the mortgage and finance industry’s most trusted source of news, opinion and analysis, with more than 100,000 readers and subscribers who voted to select finalists in four categories. Winners were chosen for their exemplary services, high performance and industry best practices.

“It is an honor to be recognized with this award as we continue to reinvent the loan origination process and provide a single, unifi­ed experience for Loan Officers through our innovative technologies,” said Cloudvirga Chief Product Officer Tim Von Kaenel. “In today’s competitive purchase market, it is imperative that lenders are equipped with the right tools to reduce costs while increasing efficiency.”

Over 500 attendees flew in from around the nation to attend the Power Originator Summit and witness the live announcement of award winners, who were carefully selected by an expert judging panel following the nominations process.

“There couldn’t be a better line-up of winners and finalists,” said Chris Anderson, Project Director. “We’re proud to acknowledge the stellar achievements of those in the mortgage industry and give them the recognition they so richly deserve. We’re already looking ahead to the next Power Originator Summit and Awards in 2020, and we can’t wait to do it all over again!”

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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.

SOURCE Cloudvirga