10.08.18

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.

 

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