Aiming to build a "mortgage loan manufacturing platform," VirPack is enhancing its document management and delivery system to support the documentation requirements of more steps in the origination process.

Such a platform would allow originators to manage paperwork more efficiently than if they were to use a loan origination system or any other technology with generic document capture capabilities, says Cy Brinn, the Vienna, Va., vendor's chief operating officer. Technology providers have done little so far to help mortgage lenders deal more efficiently with the growing amount of paper needed to originate a loan, Brinn claims.

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