Comments Off on Docutech’s Solex eVault Receives Fannie Mae Approval, Completes MERS® eRegistry Integration
Major lender conducts first live Solex eClosing, SMART® Doc eNote registration and transfer
SCOTTSDALE, AZ, April 16, 2018 – Docutech, the leading provider of document, eSign, eClosing, and compliance technology for mortgage, home equity and consumer lending, today announced that its Solex eClosing and eVault solution has been approved by Fannie Mae for eClose, eNote, and eVault functionality. In addition, the Solex eVault has completed integration with the MERS eRegistry for all eNote management transactions.
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 direct VPN connectivity to Solex. The MERS eRegistry serves as the legal system of record for identifying the Controller (holder in due course) and Location (custodian) for the Authoritative Copy of every registered eNote in the country today.
In conjunction with Solex’s Fannie Mae approval and MERS eRegistry integration, Docutech announced that a top five retail mortgage originator has executed its first eClosing using Solex, including registering an eNote on the MERS eRegistry and delivering it to Fannie Mae.
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. Combined with Docutech’s dynamic document generation engine ConformX, lenders can automatically generate digital, data-driven documents that adhere to rules-based intelligence and meet specific loan criteria. Docutech and Simplifile’s intelligent eEligibility engine analyzes each closing package to be as “e” as it can be, according to state, county, and investor variations. Hybrid options include eSigning of ancillary documents, plus options for SMART Doc eNotes, eNotarization and eRecording.
“We are honored to work side-by-side with leading lenders in the spirit of driving innovation and delivering an exceptional customer experience” said Amy Brandt, Docutech’s president and CEO. “Fannie Mae and MERS have been critical to the actualization and furtherance of eMortgages within our industry. With their backing, we can ensure that our solutions meet the highest standards and are able to comprehensively serve lenders and their customers in the evolution to a fully digital mortgage.”
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 and Lender Price to Provide Streamlined, Efficient Point of Sale Experience
SCOTTSDALE, AZ, April 10, 2018 – Docutech, the leading provider of document, eSign, eClose, and print fulfillment technology announces their collaboration with Cre8tech Labs, Inc., a provider of industry-leading digital lending technology, mortgage pricing, and pricing analytics technology to the consumer lending industry. The collaboration will support integration between Cre8tech’s Lender Price Digital Lending platform and Docutech’s document and eSignature technology solutions to provide lenders and borrowers with a more streamlined digital origination process starting at the point of sale.
Today, lenders using Cre8tech’s Digital Lending platform can automate and digitize the loan application experience, including digital asset and income, credit, and employment verification for a more convenient, expedited loan origination process for borrowers. Once integrated with Docutech, Lender Price Digital Lending customers will have access to eSign and eDelivery functionality powered by Docutech’s all-in-one eSigning solution, Solex. Lenders will enjoy seamless delivery of electronic initial disclosures to borrowers, and borrowers will enjoy receiving, reviewing, and signing their documents anytime, anywhere, and from any device.
“Our integration with Docutech helps us to round out the digital experience that our clients trust us to provide”, said Cre8tech Labs CEO, Jerry Halbrook. “Moving forward, electronic document procurement and e-signature will help our clients streamline the cumbersome back end processes that exist today. We are thrilled to be collaborating with Docutech to provide these capabilities to our joint customers.”
This integration will also enable Lender Price Digital Lending customers to access accurate and compliant loan disclosures for all 50 states directly in their digital platform via integration with Docutech’s dynamic document generation engine, ConformX, further enhancing operational efficiency for the lender and speed and convenience for the borrower. “Docutech’s API’s paired with our Digital Lending API’s will allow us to create a unique, delightful user experience unlike other point of sale providers”, said Dawar Alimi, co-founder of Cre8tech Labs.
“Docutech is consistently seeking new ways to provide today’s lenders with digital solutions that will enhance their efficiency and competitiveness in a consumer market that expects convenience and instant access,” said Amy Brandt, president and CEO of Docutech. “Our partnership with Lender Price allows us to further extend the benefits of digital mortgage solutions to the point of sale to help our lender customers better serve their borrowers.”
About Cre8tech Labs, Inc. dba Lender Price
Lender Price, founded by Dawar Alimi, Ly Kou Nhiayi, and Ly Kao Nhayi is a California-based technology innovator and developer of an industry leading digital lending technology platform, a product, pricing and eligibility engine and real-time pricing analytics all in support of omni-channel lending strategies, full mobile functionality and an end-to-end digital lending experience for both consumers and mortgage professionals. Additional information about Lender Price can be found at www.lenderprice.com or www.digitallending.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 Recognized on HousingWire’s 2018 Tech100 Listing of Leading Housing Industry Technology Companies
SCOTTSDALE, AZ, April 3, 2018 – Docutech, the leading provider of document, eSign, eClose and print fulfillment technology, has been featured in HousingWire’s Tech100 listing for its Solex eClosing solution, marking the third time the company has been a recipient of the award. The HW Tech100, selected by the publication’s editors, recognizes the housing market’s most innovative technology companies and the unique solutions they provide to the U.S. mortgage industry, representing all facets of the industry, including residential mortgage lending, servicing, investments and real estate technology.
“The number of fintech companies serving the mortgage industry has exploded over the last several years—making the choice of just 100 companies this year very difficult,” said HousingWire Magazine editor Sarah Wheeler. “Companies in the 2018 Tech100 represent the leading edge of solutions and services that will propel mortgage companies toward success.”
Docutech and its technology have been included on the HW Tech100 listing three times since the award’s original inauguration in 2015. This year, the technology provider was recognized for its dedication to serving the residential mortgage market, specifically through its end-to-end eClosing solution, Solex. By utilizing Solex eClosing, lenders can accelerate the loan closing process and save $200-$800 per loan on origination costs. In addition to hard costs like overnight paper shipping, lenders can realize substantial intangible savings as a result of increased automation throughout the origination process, including reduction in staff hours and costs incurred from compliance errors, streamlined post-closing reviews, faster certification, reduced dwell time on warehouse lines, and significant post-closing document and data efficiencies.
“Docutech strives to enhance residential lending by offering innovative and comprehensive solutions that allow lenders to digitize more of their processes to improve the customer experience, achieve greater efficiency, and reduce operational costs,” said Amy Brandt, president and CEO of Docutech. “Our consistent recognition on the HW Tech100 listing attests to our commitment to innovation and service to help our clients successfully achieve their objectives.”
Introduced in September 2017, Solex eClosing, integrated with Simplifile, provides lenders with a comprehensive eClosing solution from initial document generation and eSigning to efficiencies through post-closing. In conjunction with ConformX, Docutech’s dynamic document generation engine, lenders can automatically generate electronic, data-driven documents that adhere to rules-based intelligence and meet specific loan criteria. Docutech and Simplifile have enabled an intelligent “eEligibility” engine that automatically configures each closing package to be as “e” as it can be, according to state, county, and investor variations.
About HousingWire
HousingWire is the nation’s most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors and Trade Association Business Publications International. HousingWire offers HousingWire.com, the leading independent source for news, commentary and analysis covering the entire mortgage banking and financial markets, and HousingWire Magazine, a monthly magazine that provides in-depth context and insight spanning the people, issues and data that matter in mortgage finance and real estate. Learn more at www.housingwire.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’s Harry Gardner Elected Chair of ESRA Board of Directors
SCOTTSDALE, AZ, Feb. 13, 2018 – Harry Gardner, executive vice president of eStrategies for Docutech, was named chair of the board of directors for the Electronic Signatures and Records Association (ESRA) for 2018. Gardner has participated in ESRA’s activities since its inception and joined the organization’s board of directors in January of last year.
ESRA was founded in 2006 with the mission to lead and advocate the use of electronic records across multiple industries. The organization strives to develop and promote progressive eSignature-related public policy as well as inform and educate its members, lawmakers and the general public on changing regulations. ESRA currently comprises approximately 40 member-companies and organizations of electronic signature and document technology providers and users across the globe.
“I’m honored to have been elected to serve as chair of the board of directors for 2018 and pleased to help ESRA as we move forward in this very critical year,” said Gardner. “Of course, improvement is always the main goal. We’re constantly looking to build up ESRA’s membership and to further expand our legislative and educational impact to see the full realization of the value proposition of eSignature technology across industries.”
Gardner joined Docutech in 2016, building on more than 18 years of mortgage technology experience and standards development leadership. A leading player in the development of and education around mortgage technology standards, Gardner has written articles for many publications, including a series in Mortgage Banking Magazine as the “eMortgage Evangelist.” At Docutech, Gardner collaborates with the leadership team to define and execute the electronic document and eSignature product strategy.
Gardner was featured in Mortgage Professional America Magazine’s 2018 Hot 100 list and earned a Bachelor of Science in electrical engineering from the University of Virginia.
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.
About ESRA
The Electronic Signature and Records Association (ESRA) is the premier trade association representing organizations that adopt or provide electronic signature and document technology. Founded in 2006, ESRA’s mission is to further public policy and educate its members and the general public on current legal, regulatory and operational issues regarding the use of electronic signatures and records. ESRA provides a forum for companies from various industries to unite for a common goal – furthering electronic signature adoption and helping professionals remain abreast of changing regulations. ESRA is headquartered in Washington, D.C. and is member-managed as a Virginia not-for-profit association. It is governed by a board of directors and currently has approximately 40 member companies and organizations around the globe.
Comments Off on Docutech Executive Vice President of eStrategies Harry Gardner Named to Mortgage Professional America’s Hot 100 List
SCOTTSDALE, AZ February 13, 2018 – Docutech, the leading provider of document, eSign, eClosing and compliance technology for the mortgage, home equity and consumer lending industries, today announced that executive vice president of eStrategies Harry Gardner was named to Mortgage Professional America’s 2018 Hot 100 List. The annual list highlights 100 individuals who have made a significant impact on the mortgage industry throughout the past year based on nominations from their peers.
Gardner was named to this year’s Hot 100 List as a reflection of Docutech’s continued innovation and growth in supporting eStrategies for lenders, including the recent launch of its Solex™ eSign and eClose solutions. Since joining Docutech in 2016, Gardner has focused heavily on developing the company’s product strategy to proactively align with the lending industry’s digital transformation needs.
“For nearly three decades, Docutech has been helping the nation’s largest mortgage originators streamline operations, reduce costs and mitigate risks through dynamic and innovative technology offerings,” said Gardner. “I’m honored to be recognized individually but also on behalf of the Docutech team as part of this year’s Hot 100 Listing. At Docutech, we are committed to helping lenders achieve fully integrated eClosings as their transaction standard through one common platform.”
In late 2017, Docutech introduced Solex eClosing, a robust digital workflow managed through a single platform and integrated directly with a lender’s loan origination system (LOS) and with Docutech’s ConformX dynamic document engine. In partnership with Simplifile, Solex Integrated eClosing provides a seamless solution for agents, lenders and borrowers, allowing each closing to be as “e” as possible, moving the industry closer to a truly digital mortgage offering. Solex is mobile-capable, enabling borrowers to sign loan documents from their smartphones, tablets and computers through an intuitive user interface and the Solex eVault provides all MERS eRegistry functions for seamless, auditable investor delivery.
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’s Amy Brandt Appointed to CEO
SCOTTSDALE, AZ, Feb. 8, 2018 – Docutech, the leading provider of document, eSign, eClosing, and compliance technology for the mortgage, home equity and consumer lending industries, has named Amy Brandt as its new chief executive officer. Brandt, formerly president and chief operating officer (COO), will continue to serve as the company’s president and will assume the CEO role from founder Ty Jenkins, now the company’s chairman.
Brandt’s appointment to CEO represents a key development in Docutech’s growth strategy. Recognizing the company’s long-standing document and compliance leadership position and potential for growth, Serent Capital, a San Francisco-based private equity firm, made an investment in Docutech in 2016. As part of a broader ownership structure, an Advisory Board was formed and collaborated in the selection of Amy Brandt as the company’s new CEO. In taking Docutech to the next level, Brandt will drive the company’s strategic vision and lead its growth initiatives by adding new products, entering new market segments and seeking strategic acquisitions.
Brandt is a mortgage industry veteran who brings more than 20 years of expertise to the new role. Prior to joining Docutech last spring, she most recently served as president of originations and corporate technology at New Penn Financial, where she oversaw all origination channels, including direct-to-consumer products, third-party originations and retail. Prior to New Penn Financial, Brandt served as chief operating officer of Prospect Mortgage, where she enhanced day-to-day operations and transformed the lender’s technology infrastructure.
“I couldn’t be more pleased to announce the appointment of Amy Brandt as Docutech’s new CEO,” said Ty Jenkins, Docutech’s founder and chairman. “Amy possesses the strategic vision, expertise, tenacity, and exemplary leadership qualities we were seeking for this role and it’s clear she has what it takes to lead Docutech in this exciting next chapter of growth and beyond.”
In addition to her executive career, Brandt is currently a board member of Sun to Water Technologies and a scholar rescue fund advisory board member of the Institute of International Education. She is a former board member of Source Corp Inc. and a former board member and capital founder of Bluebeam Software Inc. Amy is also the former chair of Your Music America and was a federal housing policy council member with the Financial Services Roundtable. Brandt holds a Juris Doctorate from Arizona State University College of Law and a Bachelor of Arts in Political Science from the University of Southern California.
“I’m thrilled to be at Docutech’s helm during such an exciting time in our industry and to continue to evolve our world-class technology and solutions to transform the way lenders do business and serve their customers,” said Brandt. “I am truly honored to be a part of such an outstanding team that is well poised for success.”
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.
