Lydian, Advectis Form Due Diligence Alliance

Lydian Data Services, Boca Raton, Fla., has become a BlitzDocs Certified Quality Control and Due Diligence Provider for Alpharetta, Ga.-based Advectis.This means Lydian can now receive electronically imaged loan folders from lenders and investors on the BlitzDocs collaborative document network, and can perform quality control services and due diligence reviews for them, the companies said. Under the partnership, Lydian will be able to accept loans in the full range of delivery formats through the BlitzDocs Collaborative Network, since BlitzDocs supports flow, bulk, or minibulk packaging and delivery of electronic loan folders. The Web-based BlitzDocs automatically maps document types, names, and stacking orders between parties, while allowing "anytime, anywhere" access to electronic loan folders. The companies can be found on the Web at http://www.lydiandata.com and http://www.advectis.com.