RealEC Exchange™
iSelectSM
Service Providers
Lenders/Originators

 

Client Quote

"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
 

 



The RealEC ExchangeTM

Products & Services | Service Providers: Registration | Lenders/Originators: Registration

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.

 

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