Comments Off on Docutech and ReadyPrice to Provide Affordable, Customized Loan Origination Experience
SCOTTSDALE, AZ., March 26, 2019 – Docutech, the leading provider of document eSign, eClose and print fulfillment technology, today announced an agreement to integrate with LOS technology provider ReadyPrice. Docutech’s loan document generation engine ConformX and Solex eSignature platform will integrate with ReadyPrice’s Loan Origination Software (LOS) solution.
ReadyPrice’s ready to use, all-in-one LOS system comes complete with Day 1 Certainty, deep Fannie DU, proprietary error trapping and capital markets integration — setting itself apart from all other systems. However, lenders can also quickly and easily configure the platform to meet their specific needs. As a result of the integration with Docutech’s ConformX document generation engine and Solex eSignature platform, lenders utilizing ReadyPrice’s LOS gain access to a seamless document experience that virtually eliminates additional data entry and errors and improves compliance.
“Loan origination can be a complex, cost-intensive process,” said ReadyPrice CEO, Rick Soukoulis. “The ReadyPrice LOS was built for mortgage bankers by mortgage bankers for optimal efficiency. Now with integration into Docutech’s dynamic docs and eSignature technology, lenders and borrowers alike can benefit from a more streamlined process while ensuring compliance.”
As the focus on offering digital mortgages increases, the role of dynamic documents integrated with eSignature is more important than ever. Rather than utilizing a static library of forms, ConformX integrated with ReadyPrice will produce data-driven documents that meet specific lender, regulatory and investor requirements. Every relevant data field is imported, defaulted or automatically populated through rules-based intelligence to offer the most streamlined document experience possible, and granular configuration options ensure that the right documents are present in the appropriate package. Unlike other eSign technologies, Solex eSign is an all-in-one eSignature solution that provides electronic document delivery and signature affording operational efficiencies, while ensuring compliance, security and an optimal borrower experience.
“As mortgage technology and API integrations continue to evolve to deliver efficiencies to the lender, it is important to remember that the mortgage experience is a relationship between lenders and customers,” said Amy Brandt, president and CEO of Docutech. “Through our collaboration with ReadyPrice, providing lenders with the tools to more effectively grow their business while improving the ease and convenience for their customers is critical to delivering the optimal mortgage experience for both parties.”
About ReadyPrice ReadyPrice is an all-in-one LOS with built in Pricing Engine, error trapping, Day1 Certainty, document imaging, and Fannie DU built by mortgage bankers for mortgage bankers. ReadyPrice offers a platform that is scalable and customizable for non-delegated lenders, bankers, brokers, and investors that is easy to use, easy to set up and with a low entry point. For more information, visit the company’s website at www.readyprice.com or follow them on social media at LinkedIn.
About Docutech
Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Maxwell Integrates Docutech’s ConformX into Digital Mortgage Platform for Convenient, Compliant Disclosure Management
SCOTTSDALE, AZ, Dec. 21, 2018 – Docutech, the leading provider of document, eSign, eClose and print fulfillment technology, today announced its latest integration with digital mortgage provider Maxwell. The integration will provide a seamless disclosure management experience, including the generation, delivery and signature of mortgage disclosures.
Leveraging Docutech’s ConformX dynamic document generation engine and Solex eSign platforms, lenders using Maxwell’s digital mortgage solution can provide borrowers with single sign-on access to electronically receive, review and sign all disclosure documents throughout the loan lifecycle. The integration reduces loan origination time and costs while improving data quality. At the same time, lenders can offer their borrowers the benefit of receiving, reviewing and signing disclosures at their own pace via any web-connected device.
“Lenders can do their best work when empowered with innovative tools that make their workflow more efficient while providing an outstanding customer experience to borrowers,” said Maxwell co-founder and CEO John Paasonen. “By integrating Docutech’s innovative products into our platform, we’re continuing to provide a comprehensive, seamless user experience to lenders and their borrowers directly, removing unnecessary friction from the mortgage experience.”
Docutech’s ConformX platform ensures that all disclosures are compliant with federal, state and local regulations. Combined with Maxwell’s digital lending platform, lenders can make the loan origination process more efficient, meet all compliance requirements and still provide the outstanding customer service and innovative products borrowers demand.
“Consumers are embracing and demanding more digital options in all of their financial needs,” said Amy Brandt, president and CEO of Docutech. “At the same time, digital tools must enhance the personal element during the mortgage experience. This integration between Docutech and Maxwell unites two innovative solutions working to accelerate the adoption of digital mortgage technology into the mainstream.”
About Maxwell
Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. The platform is used by hundreds of mortgage lenders, banks and credit unions nationwide to serve their homebuyers and real estate agent partners every day. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and The Mortgage Collaborative. The company is proud to be built in Denver, Colorado.
Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Docutech and Tavant Announce Integration for Digitally-Focused Loan Origination Process
SCOTTSDALE, AZ, Dec. 12, 2018 – Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced its collaboration with Tavant, the leading digital mortgage products and platforms company to provide lenders and borrowers with a more efficient and digitized mortgage origination experience.
Docutech’s ConformX dynamic document generation engine and Solex eDelivery and eSignature technology will be integrated into Tavant VΞLOX digital lending platform enabling a more modern, digital mortgage experience. Through this integration with FinConnect, a component of VΞLOX, lenders can seamlessly select Docutech as their document provider for a streamlined document integration process. Likewise, borrowers will be able to electronically receive and sign disclosures anytime on any device through Solex by way of Tavant’s consumer direct portal – FinXperience Consumer.
According to results published in the J.D. Power 2018 U.S. Primary Mortgage Origination Satisfaction Study, customer satisfaction with primary mortgage originators is up 10 points (on a 1,000-point scale) in 2018. This is driven in part by increased customer utilization of digital and mobile channels. The integration of Docutech and Tavant optimizes the way in which customers can quickly and easily receive, review, and sign initial disclosures and supporting documents in the mortgage origination process.
“We are excited to partner with Docutech to provide a seamless, touchless and transparent experience for borrowers and mortgage lenders,” said Sarvesh Mahesh, CEO of Tavant. “This integration will digitally enhance overall customer experience.”
Tavant VΞLOX is the industry’s leading AI-powered digital lending platform that maximizes the use of data-driven processes in the automation of the loan origination life cycle. Its components include FinConnect, a mortgage data and services hub that connects the internal and external systems of the mortgage network.
“As the drive for a full end-to-end electronic mortgage process continues, Docutech remains dedicated to providing innovative solutions designed to optimize the mortgage experience for both lenders and borrowers,” said Amy Brandt, president and CEO of Docutech. “By integrating with Tavant, we further emphasize this focus on not only enhancing the work of our customers, but also the mortgage industry as a whole. Steps like these will assist in more widespread adoption of a universal digital mortgage process rooted in transparency, efficiency and accuracy.”
About Tavant VΞLOX
Tavant VΞLOX is the industry’s leading AI digital platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing.
About Tavant Technologies
Headquartered in Santa Clara, California, Tavant Technologies is a digital products and platforms company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs over 2500 people and is a recognized top employer. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration. Find Tavant Technologies on LinkedIn and Twitter.
About Docutech
Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Docutech eBook, Expert Available: Understanding the Trends Regarding Technology In 2018
What: The lending process is quickly growing with innovative technology in the ultimate pursuit of a complete digital mortgage. While that end goal is in sight, there has been a recent push, by millennials in particular, causing an upgrade to the front-end of the origination process. This has led to dramatic cost savings in regards to eClose and gives lenders flexibility when it comes to building tech infrastructure.
Adjusting and incorporating these new technological advances into the mortgage sphere allow for increases in productivity and improvements in customer service. In Docutech’s latest eBook, the latest lending trends are discussed and analyzed in order to understand just how the inclusion of said trends can positively affect the mortgage space as a whole.
Who: Harry Gardner, Docutech’s executive vice president of estrategies, is available to provide expert commentary on how organizations can utilize lending technology to assist in creating an electronic mortgage experience. Gardner also can provide deeper discussion on the major points detailed within the white paper, including:
Lender focus to become as “e” as possible;
Improving the customer experience through integrated point-of-sale solutions; and
Digitizing the backend to optimize efficiency and expedite secondary market purchase
Founded in 1991, Idaho Falls, Idaho and Scottsdale, Ariz.-based Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Docutech President and CEO Amy Brandt Selected as 2018 HW Vanguard Award Winner
SCOTSDALE, AZ, Dec. 4, 2018 – Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced that president and chief executive officer Amy Brandt has been recognized by HousingWire as a winner of the publication’s fourth annual HW Vanguard Awards.
The annual awards program recognizes key executives across the housing finance industry for their outstanding leadership and contributions to their companies, as well as the dynamic ways in which they are changing the industry as a whole. Selected by HousingWire’s editorial board, this year’s 52 winners are comprised of leaders representing multiple sectors of the housing space including residential mortgage lending, servicing, investing and real estate.
“As the Vanguards award program continues to grow and to be more successful, the entry point gets tighter,” said Jacob Gaffney, editor-in-chief of HousingWire. “These winners are truly the best Vanguards in the mortgage finance industry, and they all deserve the highest honor in the space.”
As Docutech’s president and CEO, Brandt was recognized by this year’s HW Vanguard Awards for her more than two decades of proven leadership and success within the mortgage, software, technology and financial services industries. Since joining Docutech, Brandt has successfully driven the organization’s strategic vision and growth initiatives by introducing innovative products, entering new market segments and identifying valuable partnerships.
“As we continue to see the mortgage landscape change and evolve, Docutech has remained at the forefront of the industry by providing dynamic technology offerings to address the issues facing today’s lenders and borrowers,” said Brandt. “It is a great honor to be recognized as an HW Vanguard Award winner alongside many of the industry’s most well respected leaders as we collectively strive to further enhance the future of the housing space.”
About Docutech Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Docutech and Glance Networks Announce Integration for Personalized Borrower Experience
SCOTTSDALE, AZ, Nov. 29, 2018 – Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced its collaboration with Glance Networks, a leading provider of visual engagement solutions including cobrowsing, screen sharing, mobile app sharing, and live agent video to enable organizations to better engage with their customers.
Lenders can now join their customers in the browser and guide them through the digital loan origination experience, courtesy of Glance’s cobrowsing functionality integrated with Docutech’s eDelivery and eSignature solutions for initial disclosures. The combined solution enables lenders to deliver a personalized, white-glove service experience and close more loans.
Recent findings in the Total Economic Impact of Glance Visual Engagement Platform, published by Forrester Consulting, identified key quantifiable benefits of visual engagement technology, including increased customer satisfaction, customer loyalty, and customer transaction conversion. The integration of Docutech and Glance will allow for borrowers to have a more streamlined and user-friendly experience while giving lenders the opportunity to create stronger relationships with their customers.
“Docutech’s mission to remove guesswork and customer frustration from a complex and stressful digital experience is familiar territory for many of Glance’s financial services clients,“ said Tom Martin, CEO of Glance Networks. “The Glance integration complements Docutech’s mission. It enables lenders to transform customer frustration into completed transactions and the opportunity to grow lifelong customer bonds.”
“Finding the right balance of digital technologies and personal interaction is key to success in the digital mortgage age,” said Amy Brandt, president and CEO of Docutech. “Enabling lenders to see what the customer is seeing in the digital environment and offer guidance and personalized service as needed through Glance cobrowsing is incredibly valuable. Lenders understand that they are in the relationship business and that fostering the relationship with the customer to consistently deliver delight is our collective priority.”
About Glance Networks
Glance Networks transforms the customer experience by enabling visual engagement for today’s enterprise. We are one of the world’s simplest, most reliable and secure solutions that empowers companies to see, show and share anything online, creating a frictionless path to great experiences in sales, support and service. The result of Glance visual engagement technology is improved customer satisfaction, long-term customer loyalty, higher service center efficiency, and increased revenue growth. Glance Partners include Salesforce, ServiceNow, Moxie, Zendesk, Microsoft, and Docutech. For more information, please go to https://ww2.glance.net/
About Docutech
Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Docutech and Blend Announce Integration for Streamlined Loan Origination Experience
SCOTTSDALE, AZ, Oct. 8, 2018 – Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced its collaboration with Blend, one of the consumer lending industry’s leading digital platforms. The partnership will support integration between the Blend platform and Docutech’s document and eSignature solutions to enable lenders and borrowers to tap into a more streamlined, digitally-focused origination process starting at the point of sale.
For lenders, Blend’s digital mortgage platform promotes a more streamlined workflow for the entire process to ensure compliance and help improve speed-to-close by providing a more accurate, holistic view of the borrower’s financial profile. In addition, borrowers gain a more modern, transparent mortgage experience, which enables them to finalize their loan application from any device and secure approval much faster. Once fully completed, the integration will give Blend’s customers access to Docutech’s eSign and eDelivery functionality powered by the company’s all-in-one eSigning solution, Solex. Lenders will also reap the benefits of seamless delivery of electronic initial documents to borrowers, and borrowers will be able to receive, review, and sign their documents anytime, anywhere and from any device.
“Blend’s purpose is to bring simplicity and transparency to consumer finance in line with expectations from both lenders and borrowers that this process is as easy as the rest of their digital lives,” said Nima Ghamsari, co-founder and CEO of Blend. “Partnering with Docutech, a company well-aligned with our strategic vision, will provide us with further means to improve the origination process moving forward.”
Through the integration, Blend customers will also gain broader access to accurate and compliant loan disclosures for all 50 states directly in their existing digital platform in collaboration with Docutech’s dynamic document generation engine, ConformX. Working together, the two companies will enable lenders to streamline and expedite loan originations while improving quality, compliance and customer service.
“While new innovations in technology continue to emerge all across the mortgage industry, Docutech remains focused on taking these innovations and leveraging them in ways that not only meet the demands of today’s lenders and borrowers, but also create new efficiencies that were previously not possible,” said Amy Brandt, president and CEO of Docutech. “By integrating with Blend, we not only further emphasize our commitment to driving the industry’s acceptance of the digital mortgage, but also provide new means for executing traditional aspects of the mortgage process with greater speed, accuracy and efficiency.”
About Blend
Blend is a Silicon Valley technology company propelling the $40+ trillion consumer lending industry into the digital age through partnerships with banks, lenders, and other technology providers. Blend’s cloud-based technology delivers speed and efficiency to lenders so they can serve the modern borrower and safely navigate the industry’s changing rules and regulations.
Founded in May 2012, Blend is backed by Greylock Partners, Emergence Capital, Founders Fund, Andreessen Horowitz, 8VC, Lightspeed Venture Partners, and other leading venture investors. To learn more, visit blend.com and connect with us at twitter.com/blendlabsinc.
About Docutech
Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Movement Mortgage, PrimeLending, Stearns Lending, and New Penn Financial Select Docutech’s Solex eClose
Lenders Employ Hybrid to Full eClose Capabilities to Advance eMortgage Experience
SCOTTSDALE, ARIZ., Sept. 17, 2018 – Docutech, the leading provider of document eSign, eClose and print fulfillment technology, today announced that Movement Mortgage, PrimeLending, Stearns Lending, and New Penn Financial have selected Solex eClose to facilitate a more streamlined, expedited digital mortgage experience.
Movement Mortgage, PrimeLending, Stearns Lending, and New Penn Financial each recognized the benefits of Solex eClose in serving to effectively help them accelerate and streamline the loan process from application to closing and reduce cycle times from closed loan to investor purchase through secure generation, delivery, signature, close, transfer and storage of electronic loan documents. As a complete end-to-end integrated eClosing solutions platform, Solex eClose enables each transaction to be as digital as possible from hybrid eclose capabilities all the way through full eNote eclose functionality.
“EasySign from Movement Mortgage is the next step in our journey to deliver the industry’s best digital experience for homebuyers, real estate agents and loan officers,” says John Third, chief operating officer for Movement Mortgage. “Solex eClose from Docutech helps us provide our clients with the transparent, accessible, timely and secure closing they expect from their lender.”
“At PrimeLending, our focus is clear – to provide the best mortgage experience possible for homeowners,” said Tim Elkins, EVP and CIO, PrimeLending. “Integrating Solex eClose with our digital mortgage platform is a great fit, giving us more ways to deliver the speed, convenience, transparency and security our customers demand and deserve.”
Approved by both Freddie Mac and Fannie Mae for eClosing, eNote and eVault functionality, the Solex eClosing platform, in partnership with Simplifile, provides lenders with a comprehensive integrated eClosing solution, with eSigning efficiencies from initial document generation through post-closing. In addition, the Solex eVault is integrated with the MERS eRegistry for all eNote management transactions.
“At Stearns, we are passionate about providing the best possible customer experience and continually innovating to ensure we that we close loans as fast as possible,” said Uday Devella, CIO, Stearns Lending. “Docutech understands the mission of Stearns Lending and has been with us every step of the way to deliver the best possible document and eSign experience providing efficiencies for our customers and our operations.”
Solex eClose enables lenders to extend the digital setting from the initial delivery of the closing document package to the borrower all the way through to eRecording. Through direct integration with ConformX, Docutech’s dynamic document generation engine, lenders can create accurate, data-driven electronic documents, including eNotes, which are then automatically and electronically delivered to Solex for the borrower to review and (optionally) eSign before closing. From there, Solex enables the closing agent and borrower to complete the closing electronically with full notarization capabilities. Once closing is complete, the necessary documents can be electronically recorded with the county recorder and are then returned to the lender for storage in Docutech’s secure eVault, which supports MERS eRegistry and eDelivery.
“As an organization, New Penn Financial specializes in finding the right loan to fit each of our borrowers and the unique needs they bring with them,” said Dena Kwaschyn, chief fulfillment officer for New Penn Financial. “With the help of Docutech’s Solex eClose, we can provide borrowers with an optimal level of efficiency and convenience while also assisting our organization in better managing the full loan process through a more digital mortgage experience.”
“We couldn’t be more excited to work alongside these innovative lenders as they deliver an electronic closing experience to their customers,” said Amy Brandt, president and CEO of Docutech. “As a company, we strive to remain at the forefront of the industry’s eMortgage evolution by providing lenders with expert guidance and leading-edge technology specifically designed to optimize efficiency and the customer experience.”
About Movement Mortgage
Movement Mortgage exists to love and value people by leading a Movement of Change in its industry, corporate culture and communities. Movement funded approximately $13 billion in residential mortgages in 2017 and is the seventh-largest retail mortgage lender in the U.S. Movement is best known for its innovative mortgage process and referable experience, which begins with Upfront Underwriting and a seven-day loan processing goal. The company employs more than 4,000 people, has more than 750 branches in the U.S. and is licensed in 49 states. Its nonprofit organization, the Movement Foundation, has reinvested more than $37 million in communities to date. For more information, visitwww.movement.com.
About PrimeLending
PrimeLending, a PlainsCapital Company, is a proven powerhouse in home lending, combining personal guidance and local expertise with fast service, more choices and the flexibility to meet homeowners’ unique needs. We’re a Top 10 national home lender1 relentlessly focused on empowering our customers to boldly pursue their homeownership goals. Whether they’re looking to buy, refinance or renovate a home, the PrimeLending team works alongside our customers in all 50 states, helping them make smart home financing decisions and have a rewarding experience along the way. Delivering on this promise for more than 30 years, we’re proud to consistently earn a 96% customer satisfaction rating2 and become homeowners’ lender for life. PrimeLending is a wholly owned subsidiary of PlainsCapital Bank, which in turn is a wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH). More information at PrimeLending.com. Equal Housing Lender.
1 As reported by Marketrac, powered by CoreLogic® for purchase units nationally for 2012-2017.
2 Survey administered and managed by an independent third party following loan closing. 96% satisfaction rating refers to the rating our customers give our loan officers. Our loan officers have received a 96% Customer Satisfaction Rating.
About Stearns Lending, LLC
Stearns Lending, LLC is a leading provider of mortgage lending services in Wholesale, Retail, and Strategic Alliances sectors throughout the United States where licenses are held. The company was ranked as the #3 Wholesale Lender nationwide by Inside Mortgage Finance in June of 2018.
Stearns Lending is an equal housing lender and is licensed to conduct business in 49 states and the District of Columbia. Additionally, Stearns Lending is an approved HUD (United States Department of Housing and Urban Development) lender; a Single-Family Issuer for Ginnie Mae (Government National Mortgage Association); an approved Seller/Servicer for Fannie Mae (Federal National Mortgage Association); and an approved Seller/Servicer for Freddie Mac (Federal Home Loan Mortgage Corporation). Stearns Lending is also approved as a VA (United States Department of Veterans Affairs) lender, a USDA (United States Department of Agriculture) lender and is an approved lending institution with FHA (Federal Housing Administration). Stearns Lending, LLC is located at 4 Hutton Centre Drive, 10th Floor, Santa Ana, CA 92707. Company NMLS# 1854.
About New Penn Financial
New Penn Financial® is a leading nationwide lender that brings expertise, extremely competitive rates on a broad portfolio of mortgage products, and exceptional customer service under one roof. Founded in 2008 and licensed in 49 states, the company and its reputation have grown under the guidance of a management team with years of experience in the mortgage industry. New Penn is headquartered in Plymouth Meeting, Pennsylvania and operates offices nationwide. New Penn is a Shellpoint Partners company and now part of the New Residential Investment Corp. family. More information is available at newpennfinancial.com.
About Docutech
Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Docutech Announces Finance of America Mortgage Implementation of ConformX and Solex Platforms
Lender selects Docutech’s solutions integrated with CloudVirga POS to optimize efficiency, compliance and the borrower experience.
SCOTTSDALE, Ariz., Sept. 13, 2018 –Docutech, the leading provider of document, eSign, eClosing, and print fulfillment technology for mortgage, home equity and consumer lending, announced today that Finance of America Mortgage has implemented their ConformXTM dynamic document generation engine, SolexTM eSign and eDelivery solutions, predatory lending check, and print fulfillment services for use in its branches across the United States. Fully integrated with Cloudvirga’s intelligent point-of-sale (POS) platform, the addition of Docutech’s advanced technology solutions enables Finance of America Mortgage to improve efficiency, compliance and the borrower experience in the face of growing expectations among today’s tech-driven consumers.
Leveraging the combined strength of Docutech’s ConformX dynamic document engine and Cloudvirga’s intelligent POS platform, Finance of America Mortgage is now able to streamline and automate borrower transaction processes for initial disclosures, redisclosures, pre-closing and closing documents. In addition, Finance of America Mortgage can now generate state-specific housing program documents through ConformX, improving efficiency in all states where allowed. ConformX also serves to improve lending compliance and efficiency by providing a complete audit trail and data pushback to the LOS to ensure data integrity and elimination of manual re-entry of borrower information.
“As we look to implement a more efficient, reimagined digital mortgage and realize our Two-X mission of creating an environment for mortgage advisors to double loan production, we needed a dynamic document engine that would automate as much of the document and compliance process as possible,” said Bill Dallas, president of Finance of America Mortgage. “Docutech is helping us to create a faster, friendlier process for our borrowers and partners and continue our progress towards electronic mortgages with its eSign and eDelivery capabilities.”
Leveraging Docutech’s Solex platform for eDelivery, lenders like Finance of America Mortgage are able to review loan documents at their own pace in advance of the closing ceremony to gain a better understanding of the terms of their loan before signing. Once the borrower is ready to sign, Solex eSign provides the convenience of allowing signature anywhere, at any time, from any device.
“Improving the customer experience is a critical priority for lenders,” said Amy Brandt, president and CEO of Docutech. “Docutech’s ConformX dynamic document generation coupled with Solex eSign capabilities enable leading lenders like Finance of America Mortgage to optimize the borrower experience by reducing the time spent between application and closing while also improving operational efficiency and compliance.”
About Docutech
Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
Comments Off on Freddie Mac Approves Docutech’s Solex eVault and eClosing Solutions
SCOTTSDALE, AZ, Sept. 12, 2018 – Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology for mortgage, home equity and consumer lending, announced that their Solex eClose platform has been reviewed and approved by Freddie Mac for eClosing, eVault and eNote capabilities.
Now recognized as an approved eClosing technology solution provider for Freddie Mac, lenders utilizing Docutech’s Solex eClosing solution gain an integrated end-to-end eClosing platform to originate and expedite delivery of eMortgages to the largest secondary loan purchasers.
Through its Solex eClose platform, Docutech enables lenders to accelerate and streamline the loan process from application to closing and reduce cycle times from closed loan to investor purchase through secure generation, delivery, signature, close, transfer, and storage of electronic loan documents.
Solex eClose Capabilities:
eNote – MISMO® SMART® Doc version 1.02 eNotes, the standard for GSE delivery
eClose –Digital generation and execution of all closing documents
eVault – Connectivity to the MERS® eRegistry and eDelivery, including capabilities to register, deliver, transfer and service eNotes
Solex eClosing and eVault enables lenders to securely close and register electronic notes on the MERS eRegistry and deliver them with full confidence that each mortgage satisfies investor requirements. Leveraging Docutech’s proprietary and enhanced Solex eVault, lenders can securely and automatically store eNotes, register them on the MERS eRegistry and transfer control to investors via secure VPN connectivity to Solex.
“Docutech is honored to have our Solex eClosing solution now also approved by Freddie Mac” said Amy Brandt, president and CEO of Docutech. “With increasing industry adoption of eMortgage technologies coupled with innovative lenders spearheading the process, consumers are increasingly able to enjoy a much more streamlined digital mortgage experience.”
About Docutech
Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign, eClose and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.
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