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Avista commemorates a decade of serving their customers with internet-based mortgage origination
technology delivered via the cloud.
Charleston, SC, March 30, 2011 --(PR.com)-- Avista Solutions, a mortgage origination technology leader
for the nation's community and regional banks, credit unions and mortgage bankers, is celebrating a
decade of serving customers with its award-winning cloud based, end-to-end, all in one loan origination
system, Avista Agile LOS™. This month, Avista celebrates its tenth anniversary.
“Reaching ten years is an incredible milestone,” Avista Solutions CEO Mark Phlieger said. “Avista is
fortunate to serve customers who represent the best in the industry. Providing these customers innovative
origination technology and outstanding customer service has allowed Avista to be profitable every year
since its founding and grow revenues in each of the last ten years, including a 28% increase in 2010.
We're looking forward to another decade of delivering innovative and cost-effective technology solutions
to community and regional banks, credit unions and mortgage bankers across the country.”
Avista added a record 37 new customers in 2010, comprising 20 community banks, totaling $12 billion in
assets, 10 credit unions and seven independent mortgage bankers. On March 25, 2011 there were 63,000
active B2B user accounts across Avista's customer base.
Other milestones include Avista relocating its corporate headquarters to Charleston, South Carolina in
July 2010, a city that Phlieger said offers much support for the technology industry and cultivates high
quality talent.
Since signing on its first customer in 2001, Avista Solutions has: processed more than 100,000 loan
applications in one month, reached a 28-day implementation time record, created Avista Eagle AUS™,
integrated to FHA TOTAL Scorecard, AvistaDocs™, and Avista Consumer Direct™. Avista has won the
Mortgage Technology Help Desk award and is a four time Top 50 Mortgage Technology Service
Provider.
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Contact Information:
Avista Solutions, Inc.
Lauren Johns
843.471.1700
ljohns@avistasolutions.com
www.avistasolutions.com
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