Columbia, S.C.-based LOS Avista Solutions has launched a new service in which the company will act as an outsourcer of product and pricing automation on behalf of small and mid-tier lenders. The service, called Avista's Managed Product Service, releases in-house human resources from having to validate program guidelines across multiple investor lines and rate sheets, the vendor said at the Mortgage Bankers Association's National Secondary Market Conference & Expo in Boston. Avista's AMPS service automates pricing and feeds the information directly into lenders' Avista Agile LOS/Avista Advisor systems for immediate retrieval and use. The vendor can be found on the Web at http://www.avistasolutions.com.
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