"RealEC's network provides RBC
Centura access to the best available real estate
vendors, products and services. RealEC's solutions also
give us control to switch products
and providers based on performance and that allows us to continually
improve our service to our clients."
Brent
Bizyak, Vice President Retail Credit, RBC Centura
Bank
Connecting
you and your business partners electronically.
The RealEC Exchange the mortgage
industry's leading Electronic Provider Network (EPN), enables mortgage brokers, lenders,
settlement service providers, and their respective business partners to
securely connect and do business electronically through a standards-based data exchange.
The RealEC Exchange is the industry's
largest existing network of mortgage originators and service
providers for ordering and fulfillment of settlement
products and services.
The RealEC Exchange provides the
infrastructure for secure connectivity, standards- based
data/document exchange, event management, status and
notifications among business partners.
Partner
Connectivity Launched in 1998, the RealEC Exchange
currently connects thousands of mortgage originators and
service providers, and processes hundreds of thousands of
transactions each month.
Easy Order
Management The RealEC Exchange enables transaction
participants to monitor every step with secure, two-way
communication, allowing complete control from start to
finish.
Loan originators can quickly place
orders to service providers of their choice.
Service providers can fulfill
products electronically, improve fulfillment processes and
enhance service levels for their clients.
Offers preconfigured and flexible order management, event status and notifications among partners.
Provides detailed management reporting tools.
The RealEC Exchange Delivers
the Following Benefits:
Easy for operational staff to use
Streamlined and simplified business processes
Elimination of paper and manual processes
Reduced technology cost and risk
Reduced vendor dependence, switching cost and risk
Increased vendor management control
Provides the core platform for leveraging ongoing and expanded electronic collaboration with business partners.