MISHAWAKA, IND. – March 26, 2007 – Data-Vision, Inc., a leading pioneer in Internet lending technologies that enable mortgage lenders to quickly and affordably implement e-lending capabilities, announced today the launch of a multilingual option to help lenders simplify the loan process for non-native customers. The multilingual option is available with the firm’s LoanQuoter™ software, a solution that allows lenders to facilitate the mortgage loan application process through their consumer-facing Web portal.

“The Hispanic mortgage market is expanding at an incredible rate, presenting tremendous growth opportunities for lenders,” said Randy Schmidt, president and founder of Data-Vision, Inc. “A solution that can fully accommodate non-English speaking customers who wish to utilize the Internet to start their mortgage process is needed. That solution is LoanQuoter’s multilingual option.”

Consumers – even those fluent in English – are often confused by the unfamiliar acronyms, legal terminology and industry-specific terms found in the mortgage process. Understanding all the provisions can be even more difficult for a borrower who does not speak English.

LoanQuoter’s multilingual option allows non-English speaking customers to complete online applications, receive instant decisioning and up-to-date loan status, as well as live help – all in their native language. Lenders can more effectively communicate with their English, Spanish or multilingual mortgage customers, assist them in a linguistically and culturally attuned manner, and offer a higher level of customer service during the application process. The entire e-lending Web site, from its mortgage dictionaries, to its various loan calculators and chat functionality, can be presented in the user’s native language, enhancing the customer experience and helping lenders secure more business in these growing market segments. To learn more about LoanQuoter’s multilingual option, please visit www.d-vision.com, or call 888.925.8625.
 

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About Data-Vision
Data-Vision, Inc., founded in 1993 and based in Mishawaka, Ind., offers The Path To e-Lending through a comprehensive suite of on-line services that are efficient, secure and easy-to-use. Data-Vision enables mortgage
lenders to quickly and affordably bring e-lending solutions to market, complete with leading-edge capabilities including on-line originations, instant decisioning, electronic document delivery and more.

Data-Vision’s solutions provide ultimate flexibility, maximized ROI and the most advanced on-line functionality. Our on-line services can be customized to meet each lender’s unique requirements, specific lending channels and brand image. For more information about Data-Vision visit www.d-vision.com, or call John Dempsey, vice-president of sales, Data-Vision, Inc. at 888.925.8625.