Comments Off on First American Docutech Integrates with MortgageHippo to Power Mortgage Disclosure eSignatures
SCOTTSDALE, Ariz., August 31, 2021 – First American Docutech®, the leading provider of document, eSign, eClose and print fulfillment technology, and a member of the First American family of companies, has integrated its Solex® eSignature solution with MortgageHippo’s digital mortgage platform. Now, lenders can enable their borrowers to eSign mortgage disclosures via a single sign-on experience by using MortgageHippo, a consumer-centric no-code/low-code digital lending platform, and First American Docutech.
Borrowers and lenders will appreciate the convenience of the simplified systems and secure access to disclosures and eSignature functionality available through the MortgageHippo platform. The flexibility of MortgageHippo’s no-code/low-code platform and the seamless integration of First American Docutech’s digital document workflow provides users with a more secure, faster, and cost-effective process for delivering and eSigning mortgage disclosures.
“Our mission at First American Docutech is to digitize and accelerate as much of the lending workflow as possible,” said Emily Shapiro, COO of First American Docutech. “Our integration with MortgageHippo not only makes the disclosure process faster and easier, but also compliant and secure.”
MortgageHippo’s newly released platform provides a comprehensive suite of web- and mobile-ready products that is highly configurable without the need to write new code and delivers an intuitive experience for both borrowers and lenders. The integration of First American Docutech’s Solex eSignature platform provides borrowers with a comprehensive solution to generate, deliver and fulfill mortgage disclosures.
“Lenders must deliver a smooth digital experience to remain competitive, and a seamless workflow between application, underwriting and eSigning of the loan documents is critical to meeting those expectations,” said Valentin Saportas, CEO at MortgageHippo. “First American Docutech will provide our lenders with convenient and secure loan document eSignature services that can increase eSignature adoption and avoid the extra cost and delay of mailing printed disclosures.”
About First American Docutech
First American Docutech provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution and perfection of mortgage documents. First American Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. For more information, visit the company’s website at www.firstam.com/docutech or follow them on social media at LinkedIn or Twitter @Docutech.
About First American
First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $7.1 billion in 2020, the company offers its products and services directly and through its agents through the United States and abroad. In 2021, First American was named to the Fortune 100 Best Companies to Work For® list for the sixth consecutive year. More information about the company can be found at www.firstam.com.
About MortgageHippo
MortgageHippo is a leading, consumer-centric digital lending platform processing thousands of loan applications totaling billions of dollars every month. The platform is used by hundreds of lenders ranging from IMBs to Banks and Credit Unions. The company’s platform is the only modern, Point-of-Sale solution available in the market that enables lenders to very quickly and cost-effectively customize workflows, business rules, UI, data flows between systems and many other aspects of the platform through its easy-to-use, no-code/low-code editors. To learn more, please visit https://www.mortgagehippo.com.
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Media Contact:
Marcus Ginnaty
Corporate Communications
First American Financial Corporation
(714) 250-3298
Comments Off on HousingWire eClosing Special Report
“The combination of First American and Docutech is driving the digital transformation of the real estate closing process forward through collateral file management from the inception of the mortgage process through post-closing,” said Amy Brandt, president of First American Docutech.
Comments Off on MortgageOrb: A Nationwide RON Law Would Help Reduce Confusion
Mortgage lenders would be wise to keep a close eye on the passage of the SECURE Notarization Act of 2021, which would in essence establish a national standard for the use of Remote Online Notarization (RON).
The bill – a previous version of which failed to pass last year – was recently reintroduced in the U.S. Senate. Its approval is considered urgent by industry groups including the National Association of Realtors, the American Land Title Association and the Mortgage Bankers Association, as the use of RON for mortgage closings and other mortgage-related documentation has become increasingly prevalent during the COVID-19 pandemic.
Comments Off on First American Docutech Integrates with SimpleNexus
SCOTTSDALE, Ariz., Aug. 12, 2021 – First American Docutech®, the leading provider of document, eSign, eClose and print fulfillment technology, and a member of the First American family of companies, has integrated its ConformX® loan document generation technology and Solex® eSignature solution with SimpleNexus’ homeownership platform. Lenders using SimpleNexus and First American Docutech can now provide their borrowers with the ability to eSign initial mortgage disclosures through a single sign-on experience.
Borrowers and lenders benefit from a simplified experience that provides secure access to disclosures, progress tracking and eSignature functionality through the SimpleNexus web platform or mobile app. Lenders using the new solution can make the disclosure signing process faster, more secure and more convenient for their customers.
“At First American Docutech, we are focused on helping lenders digitize as much of the lending workflow as possible to create a seamless experience for the borrower,” said Amy Brandt, president of First American Docutech. “We’re integrating with one of the leading point-of-sale innovators to accelerate the journey from application to closing by making it simple and secure to generate and electronically sign disclosures.”
As an industry-leading POS provider, SimpleNexus serves more than 39,000 loan officers and 300 lenders across the United States, touching one in every eight home loans. Docutech’s Solex eSignature software and ConformX document generation platform provide lenders a comprehensive, all-in-one solution to generate, deliver and fulfill mortgage disclosures and documents.
“Our integration with First American Docutech delivers lenders and borrowers eSigned disclosures in one easy-to-use mobile app,” said Shane Westra, chief product officer at SimpleNexus. “Together, we are helping to bring eSigned disclosures to the familiar SimpleNexus app that borrowers and loan officers rely on for their refinance and home purchase needs.”
About First American Docutech
First American Docutech provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution and perfection of mortgage documents. First American Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. For more information, visit the company’s website at www.firstam.com/docutech or follow them on social media at LinkedIn or Twitter @Docutech.
About First American First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $7.1 billion in 2020, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2021, First American was named to the Fortune 100 Best Companies to Work For® list for the sixth consecutive year. More information about the company can be found at www.firstam.com.
About SimpleNexus, LLC:
SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the home-buying process. The platform’s native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings – all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey.
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Media Contact:
Marcus Ginnaty
Corporate Communications
First American Financial Corporation
(714) 250-3298
Investor Contact:
Craig Barberio
Investor Relations
First American Financial Corporation
(714) 250-5214
Comments Off on First American Docutech Joins NAMMBA
ORLANDO, Fla. – April 28, 2021 – PRLog — The National Association of Minority Mortgage Bankers of America (NAMMBA) announced today that First American Docutech, the leading provider of document, eSign, eClose and print fulfillment technology, and a member of the First American family of companies, joined the association as a Gold sponsor. Together, NAMMBA and First American Docutech are focused on affecting positive change in the mortgage industry to better serve minority communities and contribute to the development of a more diverse and knowledgeable mortgage workforce.
“We are excited to align with a document service technology leader in our industry, First American Docutech, whose parent company, First American, has been recognized as a Best Workplace for Diversity,” said NAMMBA Founder/CEO Tony Thompson, CMB. “They have a strong commitment to streamlining the process across all markets, including underserved communities. First American Docutech’s leadership is strongly committed to serving every community in which they do business.”
Through this sponsorship, NAMMBA members will benefit from access to digital mortgage and compliance insights as well as an understanding of the solutions that First American Docutech provides. First American Docutech employees will have access to NAMMBA memberships for the first year, as well as access to focused training, new hire programs, and leadership development.
According to NAMMBA, over the next five years, 75 percent of all first-time homebuyers will be women, millennials, or people of color. Despite housing supply challenges, purchase mortgage opportunity is not only growing, it’s changing. According to NAMMBA’s most recent mortgage market forecast, the three largest diverse borrower groups (Asians, African Americans, and Hispanics) generated more than $292 billion of purchase opportunity in 2020, which amounts to 24.2 percent of all purchase dollar opportunities.
“First American Docutech places a high value on diversity and inclusion and is dedicated to being an industry leader through the integration of diversity, equity & inclusion practices throughout our operations,” said Amy Brandt, president at First American Docutech. “Joining NAMMBA reflects our commitment to delivering a modern, digital mortgage experience for all, as well as equal and inclusive employment opportunities in the mortgage industry.”
About NAMMBA
The National Association of Minority Mortgage Bankers of America is a purpose-driven organization that is dedicated to the inclusion of minorities and women in the mortgage industry who are advocates for sustainable homeownership in local communities. To fulfill its mission, NAMMBA provides programs and initiatives to introduce minorities and women into the mortgage industry, including recruiting, advisory, networking and training for enterprises and individual professionals.
First American Docutech, a part of the First American family of companies, provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution, and perfection of mortgage documents. First American Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. For more information, visit the company’s website at www.firstam.com/docutech or follow them on social media at LinkedIn https://www.linkedin.com/company/docutech or on Twitter at https://twitter.com/docutech.
About First American
First American Financial Corporation is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $7.1 billion in 2020, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2021, First American was named to the Fortune 100 Best Companies to Work For® list for the sixth consecutive year. More information about the company can be found at www.firstam.com.
Comments Off on HousingWire Recognizes First American Docutech For Innovations in eClosing and Document Solutions with HWTech100 Award
First American Docutech, the leading provider of document, eSign, eClose and print fulfillment technology, and a member of the First American family of companies, has been recognized by HousingWire as a HWTech100™ Mortgage winner for its Solex eClosing solution, marking the fifth time the company has earned the award.
The HWTech100 awards honor the companies leading the way toward a more innovative and efficient mortgage industry. HousingWire selected First American Docutech on the strength of its Solex eClosing platform, which saw a 768% increase in eClosings in 2020 over the previous year. The company also joined the First American family in 2020, with the combined offerings enabling lenders and settlement agents to accelerate closings by digitizing and streamlining the creation, delivery, execution and perfection of mortgage documents.
“At First American Docutech, we’re focused on helping lenders accelerate the speed to closing with a robust eClosing platform and compliant dynamic document generation,” said Amy Brandt, president of First American Docutech. “Earning the HWTech100 honor for the fifth time validates the hard work and incredible team we have making loans more profitable and efficient for lenders.”
Solex, First American Docutech’s end-to-end eClosing solution, enables lenders to extend the digital setting from the initial delivery of the closing document package all the way through to eRecording. Approved by both Freddie Mac and Fannie Mae for eClosing, eNote and eVault functionality, the Solex eClosing platform, provides lenders with a comprehensive integrated eClosing solution, with eSigning efficiencies from initial document generation through post-closing.
“After the uncertainty and unpredictability of last year, we expected a greater adoption of technology. However, these 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving a digital legacy that will impact borrowers, clients and companies for years to come,” said Brena Nath, HousingWire’s HW+ Managing Editor.
About First American Docutech
First American Docutech, a part of the First American family of companies, provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution and perfection of mortgage documents. First American Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. For more information, visit the company’s website at www.firstam.com/docutech or follow them on social media at LinkedIn or Twitter @Docutech.
About First American First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $7.1 billion in 2020, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2020, First American was named to the Fortune 100 Best Companies to Work For® list for the fifth consecutive year. More information about the company can be found at www.firstam.com.
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Media Contact:
Marcus Ginnaty
Corporate Communications
First American Financial Corporation
(714) 250-3298
Comments Off on FIRST AMERICAN DOCUTECH ANNOUNCES NEW INTEGRATION WITH ENCOMPASS BY ELLIE MAE
—Lenders can now implement dynamic document generation and eClosing faster—
SCOTTSDALE, Ariz., Nov. 12, 2020 – First American Docutech®, the leading provider of document, eSign, eClose and digital to print fulfillment technology, and a member of the First American family of companies, today announced a new streamlined integration with Encompass® loan origination software by Ellie Mae®. With the integration, Encompass lenders can accelerate their closing process by easily implementing First American Docutech’s suite of digital mortgage and closing solutions. The integration seamlessly updates key disclosure tracking fields, and automatically delivers documents into Encompass.
“Lenders of all sizes are focusing on digitizing as much of their loan process as possible to optimize the borrower experience, maximize loan production, and reduce costs,” said Amy Brandt, president, First American Docutech. “For smaller lenders though, it’s been challenging to compete with the larger financial institutions on a level technology playing field. Now, through a new integration with Encompass, lenders can easily implement our suite of solutions with very limited effort, enabling them to digitize their process from point-of-sale origination through closing, and on to secondary market delivery.”
Ellie Mae, now a part of Intercontinental Exchange, Inc. (NYSE: ICE), is a leading cloud-based loan origination platform provider for the mortgage industry. Lenders across the U.S. trust Ellie Mae’s Encompass loan origination system to help them originate more loans, lower costs and reduce time to close. The combination of Encompass with First American Docutech provides lenders with higher efficiencies towards enabling an end-to-end digital mortgage experience.
“We are thrilled to expand our digital solution suite integration within Encompass,” said Brandt. “As a long-time Ellie Mae partner and market leader in dynamic document generation and eClosing, we recognized the need to provide lenders with more options and the ability to choose the right solution at the right time based on their unique strategy. This new integration model was designed with small- to medium-sized lenders in mind to give them the ability to close more loans, faster and deliver a superior customer experience.”
About First American Docutech
First American Docutech, a part of the First American family of companies, provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution and perfection of mortgage documents. First American Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. For more information, visit the company’s website at www.firstam.com/docutech or follow them on LinkedIn or Twitter (@Docutech).
About First American
First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; banking, trust and wealth management services; and other related products and services. With total revenue of $6.2 billion in 2019, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2020, First American was named to the Fortune 100 Best Companies to Work For® list for the fifth consecutive year. More information about the company can be found at www.firstam.com.
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Media Contact:
Marcus Ginnaty
Corporate Communications
First American Financial Corporation
(714) 250-3298
Listen to this month’s podcast from PROGRESS in Lending as First American Docutech’s Amy Brandt discusses how mortgage originators can accelerate the closing process.
Comments Off on Docutech is Now First American Docutech
Mortgage tech firm Docutech became First American Docutech on Tuesday as First American, one of the biggest U.S. title insurance companies, completed the rebranding of the company it agreed to purchase for $350 million in February.
