SAN FRANCISCO – FEBRUARY 11, 2016 – Alight Inc., a fast-growing provider of real-time, cloud-based financial optimization applications, today announced that the Alight Mortgage Lending™ application has been selected by Connecticut-based Village Mortgage.
As the mortgage industry’s only solution for continuous financial optimization, Alight Mortgage Lending™ is changing the way CEOs, CFOs, management teams and boards plan, evaluate opportunities and navigate ever-changing market conditions.
“We are delighted to welcome Village Mortgage to the growing list of firms that are leveraging the power of Alight Mortgage Lending’s real-time scenario analysis. Our mortgage lending application is unique in that it helps lenders painlessly assess operations, evaluate productivity, and facilitate real-time “what if” analysis to help them manage the future, today,” said Jared Huff, managing director, Alight Mortgage Solutions.
Using Alight, mortgage lenders can capitalize on opportunities and mitigate risk with up-to-the-minute forecasting and real-time scenario analysis, allowing them to gauge the ripple effects that business decisions or changes in the market may have across the enterprise.
“Lenders new to Alight get very excited when they realize they can evaluate challenges and opportunities from every angle to develop not only a ‘Plan A,’ but also plans b, c and d as well,” said Huff.
“With Alight we will have the clearest view of our productivity and cash flow as we grow and scale our business moving forward.” said Laurel Caliendo, CEO of Village Mortgage. “Alight uses its own applications to plan for their future changes and growth opportunities, and I am confident that Alight’s platform will guide continuous financial optimization for Village Mortgage. We will be able to test margin and rate scenarios that will help inform our future strategies to achieve our goals.”
About Alight, Inc.
Alight is a fast-growing provider of industry-specific, cloud-based applications that change the way businesses are run. Alight’s applications let executives Manage the Future™ by showing the ripple effects of potential decisions across the enterprise. Alight works with firms in dynamic and complex industries, including financial services, mining, telecommunications, high tech and others. For more information: alightinc.com
About Village Mortgage
Village Mortgage continues to be a leader in mortgage lending. Village Mortgage is licensed in 6 states with 15 branch locations. Village Mortgage offers innovative technologies, an expansive mortgage product line, competitive rates and exemplary customer service that makes Village Mortgage New England’s premiere choice for local mortgage lending. Celebrating its 20th year in business, Village Mortgage is a direct seller/servicer for Fannie Mae and Freddie Mac, and offers FHA, USDA and VA mortgage products to the communities it serves. For more information: villagemtg.com