The new approach starts with the lender ordering and receiving the closing documents from its document preparation
vendor as usual.
Kofax adds that VRS 4.0 significantly speeds document preparation
, which otherwise could take twice as much time as the scanning process itself.
The benefits of outsourcing document preparation
The new iteration of the interface embeds ids Docs directly into Avista Agile[TM] so that users don't have to switch between systems for origination and document preparation
. All loan data are entered into both systems through Avista Agile, creating a single point of contact that ensures the integrity of the data remains intact while also streamlining the data-entry process.
Nine of the orders were for the company's Totale-Receipts teller transaction and signature capture software, while eight were for TotaleAtlas, IMM's document preparation
TELECOMWORLDWIRE-5 June 2008-MRG selected by 1-800 East West Mortgage for document preparation
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(DSI)ing developer of mortgage technology for compliant loan document preparation
and customer contact management, reports that there has been a marked increase in the number of mortgage lenders seriously exploring electronic signature.
Ameritech Financial, a document preparation
company that specializes in federal student loan repayment plan applications, suggests borrowers make a plan that fits their student loans and financial situation, the company said.
MRG Document Technologies (MRG), Dallas, a provider of mortgage document preparation
software and compliance technology to banks, credit unions and other lenders nationwide, has been selected by MDI Mortgage Bankers, Houston, for the creation of loan disclosures and closing packages through MRG's Miracle Online Web-based technology.
(DSI), a developer of mortgage technology for compliant loan document preparation
and customer contact management, reports that there has been a marked increase in the number of mortgage lenders seriously exploring electronic signatures in 2006.
The new LiveDrive platform is designed to increase the productivity of collaborative document preparation
such as sales proposals and contracts through the use of collaborative editing.