Greensburg, PA – March 13, 2020 — Loan Vision is pleased to announce that their mortgage accounting solution has been once again named one of HousingWire’s Mortgage Tech100. The annual award recognizes the top 100 companies who not only continue to improve upon their own offerings but are also changing the landscape of the mortgage industry. To be included in this group of innovators is not only an honor to the team at Loan Vision, but also confirmation that the hard work and determination they put in to improve the accounting departments for mortgage banks of all sizes is recognized by others in the industry.
“This year’s Tech100 winners blew past innovation, moving beyond innovation to transformation,” HousingWire Associate Magazine Editor Kelsey Ramírez said. “In both the real estate and mortgage sectors, fintech companies continue to create new ways to approach the housing process, improving efficiencies, cutting costs and creating a new experience for all parties involved.”
“As the mortgage industry continues to transform, our team has worked relentlessly to help our customers manage the changing landscape through continuous technological improvement and education,” said Martin Kerr, President of Loan Vision. “To be recognized by HousingWire for our efforts is incredible. We take pride in what we’ve been able to achieve, both in our product and the overall satisfaction of our customers.”
“The winners of the 2020 HousingWire Tech100 Mortgage and Real Estate awards are truly the most impactful and innovative companies in housing,” said HousingWire CEO, Clayton Collins. “Not only do these companies empower their clients and users, they are supporting a more efficient, accessible and sustainable housing economy.”
In 2019, Loan Vision not only continued to improve on the foundation of their General Ledger system, they also added 3 new tools to their expanding list of functionalities. To assist with the impending changes to lease accounting, they debuted the Lease Management module, which is compliant with the ASC 842 Leasing Standards, in April. September saw the launch of the Advanced Budgeting and Forecasting module, which helps lenders see a clearer picture of future results by creating short to medium-term forecasts directly in their General Ledger tool. Loan Vision also released the Close Manager tool that offers more control and accessibility over the month-end accounting processes by consolidating the necessary information into one place.
“We saw big changes to our industry in the past year and other vendors are complacent in letting their customers navigate them on their own,” said Igor Pchelnikov, CIO of Loan Vision. “It is no secret that when a lender chooses Loan Vision, they aren’t just buying a software, but entering a mutually beneficial partnership. We will continue to improve our offerings so that our customers can continue to grow.”
About Bestborn Business Solutions, Inc.:
Founded in 2006, Greensburg, PA-based Bestborn Business Solutions are the creators of Loan Vision, a mortgage industry specific financial management and accounting software. Combining the functionality of Microsoft Dynamics and Bestborn’s industry toolset and expertise, Loan Vision has quickly established itself as a platform trusted by some of the largest as well as the fastest growing mortgage lenders in the country. Their ever-growing list of functionality includes the ability to interface with any Loan Origination Software, loan-level accounting, commission calculations, a branch reporting portal, as well as lease accounting management.