Comments Off on MortgageOrb Person of the Week – Harry Gardner: E-Signatures Have Bright Future in the Mortgage Industry
To learn more about the evolution and maturation of e-signature technology and how it continues to revolutionize the digital mortgage, MortgageOrb recently interviewed Harry Gardner, executive vice president of e-strategies for Docutech, a provider of document, e-sign, e-closing and compliance technology for the mortgage, home equity and consumer lending industries.
Comments Off on Docutech and Floify to Integrate for Streamlined Loan Origination at Point-of-Sale
SCOTTSDALE, AZ, August 7, 2018 – Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, announced today an agreement to integrate with Floify, an industry-leading mortgage automation and SaaS point-of-sale (POS) platform, to streamline the generation, delivery and signature of loan disclosures.
The integration between Floify and Docutech will provide lenders and borrowers with a more efficient, digital origination process starting at the point-of-sale. Once integrated, loan data for all new applications entered on a Lender’s website via the Floify POS platform will trigger the creation of loan disclosures through Docutech’s ConformX dynamic doc generation system and eDeliver them to the borrower(s) for eSignature. Lenders will be able to reduce loan origination time and costs and improve data quality through this process. At the same time, borrowers will benefit from quickly receiving disclosures, freeing up time to review this information at their own pace, and conveniently sign electronically from any location, at any time, and on any web-connected device.
“In today’s fast-moving mortgage market, loan originators increasingly desire a comprehensive digital automation solution like Floify to improve the lender-borrower experience,” said Dave Sims, CEO at Floify. “Our partnership and integration with Docutech means our platform now supports disclosures from generation through eSignature, effectively making the mortgage origination process faster, easier and more convenient than ever before.”
Floify will serve as the system of record for loan data used to generate the disclosures. This ensures loan data accuracy, eliminating the need to manually enter data into different systems. Docutech’s ConformX also ensures that all disclosures are compliant with federal, state and local regulations. Working together, the two platforms will enable lenders to streamline and expedite loan originations while improving quality, compliance and customer service.
“Consumers expect convenient, immediate, and customized experiences from the brands they do business with, and mortgage lending is becoming no exception. Docutech is focused on continuing to deliver innovative solutions to lenders through technology integrations that solve key challenges for our industry,” said Amy Brandt, president and CEO of Docutech. “This integration further demonstrates Docutech’s commitment to help drive the mortgage industry’s evolution towards a fully digital loan process.”
About Floify
Floify is a digital mortgage point-of-sale solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is privately held. For more information about Floify, call (720) 316-8343 or visit https://floify.com.
About Docutech
Founded in 1991, Idaho Falls, Idaho- and Scottsdale, Arizona-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 Further Streamlines Loan Doc Process with New Editor Features in Solex eSign
Cherry Creek Mortgage implements Solex eSign Editor to improve borrower experience and operational efficiencies.
Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced its new Editor functionality for Solex eSign, the technology provider’s all-in-one eSignature solution.
Comments Off on Solex eSign – Now with Editor Features!
Docutech Further Streamlines Loan Doc Process with New Editor Features in Solex eSign
Cherry Creek Mortgage implements Solex eSign Editor to improve borrower experience and operational efficiencies
SCOTTSDALE, AZ, July 31, 2018 – Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology, today announced its new Editor functionality for Solex eSign, the technology provider’s all-in-one eSignature solution. With Solex’s new Editor features, lenders can save time and expenses while improving compliance by eliminating the traditional inefficiency associated with separately sending the borrower ancillary documents requiring signature. Now, independently generated lender documents can be enabled for eSignature and delivered to the borrower through a streamlined, digital process.
Designed with efficiency and improved borrower experience in mind, Solex eSign Editor enables lenders to seamlessly add their own documents to eSign packages generated by Docutech’s ConformX document engine and then edit and enable those documents for borrower eSignatures, additional text fields and check box options. As a result, lenders no longer need to send the borrower multiple emails for documents, such as appraisal acknowledgements, change of address addendums and explanatory letters, separate from the loan document package or incur delays and expenses related to ink signatures, scanning, mailing, and document coordination.
Cherry Creek Mortgage recently selected Solex eSign Editor in an effort to optimize the loan process for its borrowers and loan officers alike. Prior to implementing Solex eSign Editor, Cherry Creek Mortgage’s loan officers used multiple systems to eSign documents, which created an inefficient and confusing process. Solex eSign Editor makes the process easier and more intuitive for the originator and the client alike.
“With Docutech, we’re able to provide our borrowers a more streamlined, convenient, and modern, digital way to interact with us,” said Mike Hole, senior vice president and CIO for Cherry Creek Mortgage. “We generate our core loan documents through Docutech’s ConformX dynamic doc gen engine, which is integrated with our LOS and now, with Solex eSign with Editor features, we can attach any additional documents, enable them for eSign, send them directly to the borrower via eDelivery, and securely store the documents with our complete loan doc package.”
“Docutech is passionate about providing lenders, like Cherry Creek Mortgage, and their customers the technology and services needed to streamline operational processes and deliver an outstanding experience,” said Amy Brandt, Docutech’s president and CEO. “In the age of digital transformation, ensuring solution flexibility and ease-of-use is more important than ever. As such, Docutech recognized that a key pain point for lenders was the difficulty in including custom documents with loan packages and enabling those documents for eSignature. Unlike other eSign technologies, Solex eSign is an all-in-one eSign solution designed with the lender and borrower in mind.”
About Docutech
Founded in 1991, Idaho Falls, Idaho- and Scottsdale, Arizona-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.
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Mountain America Credit Union Selects Docutech’s ConformX and Solex Platforms to Optimize Account Onboarding and Consumer Loan Experiences
SCOTTSDALE, Ariz., July 24, 2018 – West Jordan, Utah-based Mountain America Credit Union, has selected Docutech’s ConformX dynamic document generation engine, Solex eSign and eClose, and print fulfillment services to streamline new account onboarding, and consumer, home equity and short-term mortgage refinance lending processes for its branches across the U.S.
Through Docutech’s ConformX, Mountain America Credit Union will be able to dynamically generate document and disclosure packages for their new account and consumer loan offerings including personal accounts, trusts, business accounts, credit cards, auto loans, student loans, home equity, and short-term mortgage refinance products. Through Solex, the credit union will also be able to offer the convenience of eSign and eClose capabilities online and via in-branch signature pads. The use of these technologies will better enable Mountain America to deliver robust omni-channel financial services, optimize member experience and increase operational efficiency.
“Docutech understands the legal and compliance nuances of each state,” said Bret Butterfield, VP of Home Equity lending at Mountain America. “Because Docutech will have our member’s loans covered from a compliance standpoint, including eClose and electronic notary services, we can concentrate more of our time on satisfying and elevating our member’s experience.”
Jade Beckman, VP of Consumer Loans at Mountain America added, “Docutech took much of our regulatory and compliance burden from us by streamlining the document process. This tool has made the whole process much simpler. Regulatory documents updates that used to take weeks to change are now updated in a day.”
“Mountain America is one of the largest credit unions in the U.S. and given its passion for improving the lives of its membership, we are honored to stand by Mountain America in this pursuit. Docutech is most known in the industry for our ability to streamline and improve compliance for the mortgage lending process. However, our ability to improve the account onboarding and consumer lending process is of increasing interest as credit unions continue to diversify their offerings,” said Amy Brandt, CEO of Docutech. “Through Docutech’s technology, Mountain America’s members will be able to reduce the amount of time spent from application to closing – it’s an efficient and enjoyable experience for both the member and the credit union.”
About Mountain America Credit Union
With more than 760,000 members and $7.5 billion in assets, Mountain America Credit Union assists members on the right path to help them identify and achieve their financial dreams. Mountain America provides consumers and businesses with a variety of convenient, flexible products and services, as well as sound, timely advice. Members enjoy access to secure, cutting-edge mobile banking technology, over 90 branches across five states, thousands of shared-branching locations nationwide and more than 50,000 surcharge-free ATMs. Learn more at www.macu.com .
About Docutech
Founded in 1991, Idaho Falls, Idaho- and Scottsdale, Arizona-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 MortgageOrb Person of the Week: Amy Brandt
The technology to facilitate a true end-to-end eClosing exists right now. Read the recent Person of the Week profile in MortgageOrb to learn more from Docutech CEO, Amy Brandt.
