a360inc: Delivering platforms
a360inc partnered with Avenga to design a platform for legal case management in the residential mortgage industry. The system’s goal was to challenge the existing market leaders and become a new industry standard.
HUNT:
Integrated
Cloud Solution
Client
Industries
Services
Technologies
Introduction
Hunt Mortgage Group, a subsidiary of Hunt Companies, Inc, is a leader in financing all types of commercial real estate throughout the United States. Since its inception, the company manged to structure more than $27 billion of loans. In addition, HUNT Mortgage Group maintains a servicing portfolio of more than $14 billion. Overall, the company provides financing services to all types of commercial real estate, including affordable housing, manufactured ousing, senior housing, office, retail, and healthcare.
Due to the expansion of its services, the company faced a greater degree of process complexity and fragmentation. Keeping that in mind, Hunt Mortgage Group sought the solution to optimize its business processes, as well as get valuable insights on the existing demand curve to get a competitive edge. Avenga was tasked with delivering such a soluion as soon as possible.
Challenge
Hunt Mortgage Group is a specialty finance company focused on financing commercial real estate nationwide and offering its own proprietary loan products on top of Fannie Mae, Freddie Mac, HUD/FHA, etc. Therefore, the company’s processes are complex and highly segmented. In today’s competitive business environment, it’s critical to optimize operations and costs, get transparent and real-time insights on demand, while proposing the best financial option for the customers quickly.
Because of this, the client needed to overcome challenges posed by the traditional loan origination process. They partnered with Avenga to build a secure, accessible and reliable cloud solution that would streamline internal processes, reduce human errors and help improve business efficiency
Solution
Results
Hunt’s cooperation with Avenga resulted in bringing their mortgage solutions and operations to the cloud. A secure cloud-enabled solution increased the efficiency of business operations across the organization. It allowed automated flows, reduced overhead, minimized costly errors, shortened the application process, and improved customer experience. That is, it provided the required flexibility leading to better productivity and consequently a return on investment.
Start a conversation
We’d like to hear from you. Use the contact form below and we’ll get back to you shortly.