New Vista Solutions Attributes Success in 2021 To Innovation & State-of-the-art Technology — New Products slated for 2022
New Vista Solutions, a leading aggregator of settlement services for residential and commercial mortgage lenders, continued to expand its lender footprint in 2021 and expects to maintain that momentum in 2022. New product development is being driven by innovation and diversification as mortgage lenders face new challenges in a post-pandemic economy.
Appraisal and evaluation providers are experiencing staffing shortages which has created a vendor sourcing problem and higher prices for lenders. New Vista’s one-stop-shop settlement solutions platform allows access to a variety of vendor networks which maintains consistency in product delivery and service levels.
Jesse Rivera, New Vista’s CEO, stated, “Our highest priority in 2022 is to help lenders grow their business while reducing costs and improving the time required to close loans.”
In 2021, New Vista introduced FastTrack, a customizable bundle of closing services designed to streamline the closing process and significantly reduce costs for refinance and home equity lenders. More new products are slated for 2022, including a suite of title and closing services that will accommodate all mortgage loan types.
In addition to innovating new core settlement products, NVS continues to expand into the green energy space. The company’s management team is committed to educating property owners and facilitating efforts to conserve energy. In partnership with IncentiFind, New Vista has developed The Quick Summary, The Bid Summary and The Green Report — all designed to help property owners take advantage of local and federal financial incentives available when they add energy-efficient upgrades to their residential and commercial renovation projects.
To further enhance the distribution of these green incentive reports, New Vista will soon offer API connectivity to businesses that are interested in providing this cost-saving information to their customers.
