Capsilon Named a HW TECH100™ Winner for the Third Consecutive Year
HousingWire 2016 HW TECH100 recognizes the most innovative technology companies in the U.S. housing economy
San Francisco, March 2, 2016 – Capsilon Corporation, a provider of cloud-based document and data management solutions for mortgage lenders, investors, and servicers, has been named to the HousingWire 2016 HW TECH100™, HousingWire’s annual list of the 100 most innovative technology companies serving the U.S. housing economy. This marks the third year in a row that Capsilon has earned this respected industry award.
The number of applicants for the 2016 awards ballooned from previous years, and to select the 2016 HW TECH100 winners, the HousingWire editorial team evaluated the applicants along six discrete dimensions of innovation including market influence, market potential, unique solution, growth, elegance of implementation, and something else entirely (the “it” factor). And, out of hundreds of nominated companies over the past three years, Capsilon is one of only a handful of companies to be named to the list three years in a row.
In selecting Capsilon, the HousingWire team of editors cited a recent update to the company’s flagship product, Capsilon DocVelocity®, which introduced support for the electronic delivery, signing and vaulting of borrower disclosures and other mortgage-related documents. In addition, the editors cited Capsilon’s robust growth in both DocVelocity folder activations and employee headcount in 2015.
“We continue to deliver innovation that is moving the mortgage industry from a labor-centric to a technology-driven model,” said Sanjeev Malaney, chief executive officer of Capsilon. “By automating key steps along the mortgage life cycle, we are helping major lenders speed turn times, improve loan quality, and reduce loan production costs. We are honored that HousingWire has recognized Capsilon for the third consecutive year as an innovative technology company that is delivering solutions for the industry’s major challenges.”
“The companies in the HW TECH100™ are providing innovative solutions to the traditionally hidebound mortgage finance industry,” said HousingWire Editor-in-Chief Jacob Gaffney. “In the face of rising costs to originate and service loans, a still-volatile housing market and multiplying regulations, these innovations are crucial to the survival and profitability of those in our industry.”
HousingWire is the nation’s most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company’s news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Learn more at http://www.housingwire.com.
About Capsilon Corporation
Capsilon provides comprehensive cloud-based document and data management solutions that enable mortgage lenders, investors and servicers to increase productivity and lower costs, while ensuring compliance. The company’s flagship product, Capsilon DocVelocity®, is a document imaging and data capture platform built specifically to address the needs of large mortgage companies. Headquartered in San Francisco, Capsilon serves many of the mortgage industry’s most innovative companies, including two of the 10 largest residential mortgage lenders in the United States.
DocVelocity® is a registered trademark of Capsilon Corporation. All other marks are the property of their respective owners.