Full-service national residential mortgage lender chooses Alight Mortgage Lending™ to help manage growth objectives and increase productivity
SAN FRANCISCO – June 21, 2016 – Alight Inc., the fast-growing provider of industry-specific real-time financial optimization applications, today announced that First Guaranty Mortgage Corporation® (FGMC) has selected the Alight Mortgage Lending™ platform to support the firm’s growth objectives and increase productivity in all business and loan origination channels.
Alight Mortgage Lending, the mortgage industry’s only platform for real-time multiple scenario and what-if analysis, helps management teams measure the financial ripple effects of business decisions and changing market conditions across the enterprise before events take place. CEOs, CFOs, COOs and firm management can determine future outcomes based on historic and real-time financial and operational data.
“Having worked with Alight at a previous firm, they were top on my list to assist in First Guaranty Mortgage Corporation’s forecasting solution implementation – where we can effectively and efficiently run scenarios to evaluate growth opportunities,” said Robert Eastep, CFO, First Guaranty Mortgage Corporation. “Alight Enterprise Cloud allows us to bring the power of scenario comparison and analysis across the FGMC enterprise. This enables us to make strategic and tactical decisions knowing what the financial ripple effect will be on our financials and operating metrics.”
Alight’s mortgage lending solution provides real-time scenario analysis under any market conditions, delivering up-to-the-minute intelligence. Teams can change inputs on the fly, see those changes flow through the enterprise to the P&L, balance sheet, cash flow statements and other pro forma financials, and then create and evaluate base/best/worst case scenarios to choose the best path forward.
“We are delighted to work with First Guaranty Mortgage in supporting the company’s robust growth objectives into 2016 and beyond,” said Jared Huff, Group Head of Alight Financial Services. “First Guaranty places high value on customer service and we are here to help them ensure they have accurately planned for the resources needed to meet their goals.”
About Alight, Inc.
Alight is a fast-growing provider of industry-specific, cloud-based applications that give customers the power to see the financial impact of every decision, before they make it. Alight works with firms in mining, mortgage banking and high tech. For more information: alightinc.com
About First Guaranty Mortgage Corporation
Providing premium residential mortgage lending services for over 25 years, First Guaranty Mortgage Corporation® (FGMC), offers Correspondent, Wholesale and Retail origination channels. Together with First Guaranty’s Warehouse Lending Division, FGMC provides a full spectrum of lending products and services throughout the 47 states and the District of Columbia, where licenses are held.