Vienna, Va.-based VirPack, has released VirPack Vault, a hosted Web-based document management and electronic loan delivery platform designed to satisfy the needs of lenders and brokers from origination through post closing and investor delivery. VirPack Vault supports electronic delivery of credit, closed, trailing and all portions of a loan file to over a dozen investors and due-diligence providers. VirPack electronic deliveries are fully indexed and conform to each investor's imaging specifications, facilitating purchase review and eliminating non-indexed (blob) electronic delivery delays. The VirPack Vault platform is the product of the recent partnership between VirPack and Critical Technologies, a records-management company specializing in the mortgage industry. VirPack can be found on the Web at http://www.virpack.com.
