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Orion Financial Group Takes On-Site Servicing on the Road

30 November 2005

Orion Financial Group, Inc., ( http://www.orionfgi.com ), a leading document services provider, announces it can bring its proprietary scanning process, Electronic Onsite Servicing (EOS), to lenders for special projects. The company rolled out the "travel" aspect of its EOS product this past month. The EOS system includes unique software that streamlines the lien assignment and release process. "Through modern technology and our in-depth expertise, we're able to travel to any lender or custodian and scan the documents on-site. This is particularly beneficial to lenders who have deadlines to meet but don't necessarily have the resources to allocate in order to get the job done in a timely fashion," stated Mike Wileman, President and CEO of Orion Financial Group. "The offering is just another demonstration of our commitment to providing peak performance in document services." Experienced team implements efficient process in timely manner Wileman continued, "If loan files are held by a custodian or a centralized area, in the case of portfolio lenders, a lot of time and energy is spent determining how the mortgage and intervening assignment information will be captured. Typically, individuals will need to stop working on one job in order to fulfill the new request. That's where Orion steps in." Orion deploys a team to go on-site for the file review. Information required to complete the assignment work is pulled out of the file, imaged via portable scanning equipment and software, and returned to the file. Missing information is captured on a log and exception reporting is provided to the client. In the case where the missing information is not available, Orion offers document retrieval services through its Research and Retrieval Department. Once back at its corporate office, Orion transfers the information to its document management system, DocPro!(R). Lenders save time and money since this advanced technology removes the need to pull, ship and photocopy the documents. "A job that normally takes a client a few weeks to complete can be finished within a few days with our process. In the area of buying and selling loans, time is money," stated Wileman. ABOUT ORION FINANCIAL Orion Financial Group, Inc., based in Southlake, Texas, specializes in lien release, assignment and document retrieval services for the mortgage industry, covering every recording office in the U.S. Through the company's proprietary document management software, DocPro!(R), it can generate county-specific documents with all appropriate recording fees -- virtually eliminating rejections. High volume or low volume, the company's pledge is to provide peak performance in document services with speed, integrity and professionalism. For more information, please visit the company's web site at http://www.orionfgi.com .

Source: PR Newswire


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