{"id":39752,"date":"2018-09-06T13:12:56","date_gmt":"2018-09-06T17:12:56","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=39752"},"modified":"2018-09-06T13:12:56","modified_gmt":"2018-09-06T17:12:56","slug":"american-financial-network-deploys-cloudvirga-digital-mortgage-technology-nationwide","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/american-financial-network-deploys-cloudvirga-digital-mortgage-technology-nationwide\/","title":{"rendered":"American Financial Network Deploys Cloudvirga Digital Mortgage Technology Nationwide"},"content":{"rendered":"<p>IRVINE, Calif.,\u00a0Sept. 6, 2018\u00a0(SEND2PRESS NEWSWIRE) &#8212;\u00a0<a href=\"http:\/\/www.cloudvirga.com\/\" rel=\"nofollow\">Cloudvirga<\/a>&#x2122;, a leading provider of digital mortgage software, today announced the deployment of its <a href=\"https:\/\/www.send2press.com\/wire\/major-update-to-cloudvirgas-enterprise-point-of-sale-platform-raises-the-digital-mortgage-bar\/\" rel=\"nofollow\">Cloudvirga Enterprise POS<\/a> to all 100 branch locations of <a href=\"https:\/\/www.afncorp.com\/home\" rel=\"nofollow\">American Financial Network<\/a> (AFN), a privately held mortgage company that employs over 750 loan officers and serves tens of thousands of customers nationwide. AFN funded over $5 billion in loans in 2017 and is one of the fastest-growing mortgage lenders in the United States.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" title=\"Cloudvirga and American Financial Network\" src=\"https:\/\/www.send2press.com\/wire\/images\/18-0906-cloudvirga-amfinan-696x522.jpg\" alt=\"Cloudvirga and American Financial Network\" width=\"696\" height=\"522\" class=\"alignnone size-full wp-image-39751\" srcset=\"https:\/\/www.send2press.com\/wire\/images\/18-0906-cloudvirga-amfinan-696x522.jpg 696w, https:\/\/www.send2press.com\/wire\/images\/18-0906-cloudvirga-amfinan-696x522-300x225.jpg 300w, https:\/\/www.send2press.com\/wire\/images\/18-0906-cloudvirga-amfinan-696x522-600x450.jpg 600w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><br \/>\nThe Cloudvirga Enterprise POS is a private-label digital mortgage platform that enables AFN loan officers to convert more prospects into applicants by automatically selecting, comparing and calculating fees for all loan types. Cloudvirga\u2019s intelligent lender workflow delivers <a href=\"https:\/\/www.send2press.com\/wire\/major-update-to-cloudvirgas-enterprise-point-of-sale-platform-raises-the-digital-mortgage-bar\/\" rel=\"nofollow\">state-of-the-art features<\/a> not available in competing platforms to help AFN reduce per-loan production expenses while improving compliance and customer satisfaction.<\/p>\n<p>\u201cCloudvirga is <a href=\"https:\/\/www.mba.org\/publications\/insights\/archive\/mba-insights-archive\/2018\/despite-high-frequency-of-fools-gold-the-digital-mortgage-gold-rush-is-on-x236632\" rel=\"nofollow\">no mere digital loan application technology<\/a>,\u201d said Cloudvirga Co-founder Kyle Kamrooz. \u201cWe provide top lenders like AFN cutting-edge technology that <a href=\"http:\/\/info.cloudvirga.com\/roi-case-study\" rel=\"nofollow\">drives down the cost of loan production<\/a> by reinventing how mortgages are manufactured.\u201d<\/p>\n<p>\u201cCloudvirga is changing how we work in the best possible way,\u201d said AFN President John Sherman. \u201cWe\u2019re removing inefficiency from the mortgage process and freeing our loan officers to take on more loans by focusing their time on the parts of their jobs that require a human touch \u2014 like delivering exceptional customer service.\u201d<\/p>\n<p><strong>About American Financial Network, Inc.:<\/strong><\/p>\n<p>Established in 2001 by Jack and John Sherman, American Financial Network, Inc. (AFN) is a licensed mortgage lender (NMLS #237341) that is proud to have assisted hundreds of thousands of customers in financing their American dream of homeownership over the last 17 years. AFN is based in Brea, California; is licensed in 46 states plus Washington, D.C.; and remains on an impressive growth trajectory. AFN is an approved Fannie Mae and Freddie Mac seller\/servicer, and an approved issuer for Ginnie Mae. A direct lender with in-house underwriting, AFN offers a full line of mortgage products including: Conventional, FHA, VA, USDA, Jumbo, 203(k) rehabilitation loans and more.<\/p>\n<p>For more information, please visit <a href=\"https:\/\/www.afncorp.com\/\">https:\/\/www.afncorp.com\/<\/a>.<\/p>\n<p><strong>About Cloudvirga&#x2122;:<\/strong><\/p>\n<p>Cloudvirga\u2019s digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform\u00ae, uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga\u2019s customer base includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country\u2019s top lenders and private-equity firms.<\/p>\n<p>For more information, visit\u00a0<a href=\"http:\/\/www.cloudvirga.com\/\" rel=\"nofollow\">http:\/\/www.cloudvirga.com<\/a> or follow <a href=\"https:\/\/www.linkedin.com\/company\/7577062\/\" rel=\"nofollow\">Cloudvirga on LinkedIn<\/a>.<\/p>\n<p>@Cloudvirga @AFNcorp #digitalmortgage<\/p>\n<p>*LOGO Link for Media: Send2Press.com\/300dpi\/17-1115s2p-cloudvirga-300dpi.jpg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRVINE, Calif., Sept. 6, 2018 (SEND2PRESS NEWSWIRE) &#8212; Cloudvirga, a leading provider of digital mortgage software, today announced the deployment of its Cloudvirga Enterprise POS to all 100 branch locations of American Financial Network (AFN), a privately held mortgage company that employs over 750 loan officers and serves tens of thousands of customers nationwide.<\/p>\n","protected":false},"author":6993,"featured_media":39751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,1,10,38,10163,599,6,5],"tags":[10263,205,9067],"class_list":["post-39752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-business-news","category-california-news","category-finance-news","category-irvine-business","category-cloud-saas-news","category-software-news","category-technology-news","tag-american-financial-network","tag-depthpr","tag-digital-mortgage","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":7591,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/39752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/6993"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=39752"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/39752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/39751"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=39752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=39752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=39752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}