Docutech’s Solex eClosing capabilities to integrate with Simplifile
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Docutech,
the leading provider of document and compliance technology for mortgage,
home equity and consumer lending, announced an agreement with
Simplifile, the nation’s largest network for connecting lenders,
People are also reading…
settlement agents and county recording offices. The combination of
Docutech’s Solex™ eClosing solution and Simplifile’s services create a
seamless eClosing solution for agents, lenders and borrowers that allows
each transaction to be as digital as possible, down to a document and
jurisdiction level, while maintaining a standardized process on every
loan.
By establishing a consistent, more efficient process for agents, lenders
will realize an expedited ramp up on their Digital Mortgage initiatives.
Agents will have the ability to confidently conduct eClosing ceremonies,
eSign, eNotarize and eRecord effortlessly, while lenders will be
equipped with a solution that extends beyond the closing table well into
post-closing.
“As more and more lenders strive to make eClose their transactional
standard, we are focused on delivering the comprehensive solutions they
need to optimize this process and provide their borrowers with the most
streamlined experience,” said Amy Brandt, President and COO of Docutech.
“Our integration with Simplifile enables us to bring the industry one
step closer to a mainstream paperless mortgage process, and we couldn’t
be more excited about this advancement.”
Through the agreement between Docutech and Simplifile, borrowers will be
able to preview their closing packages and (optionally) eSign any
documents that don’t require notarization prior to closing. From there,
the closing agent and borrower can complete the closing electronically,
with full eNotarization capabilities. Once the closing is complete,
closing agents can electronically submit documents to counties for
recording. The recorded documents and data along with other trailing
documents will then be electronically returned to the lender.
“We’re thrilled to announce our agreement with Docutech, a company as
passionate as we are about helping the industry achieve the benefits of
mortgages that are as paperless as possible,” said Paul Clifford,
President of Simplifile. “By working together, we are creating the
necessary infrastructure to transform digital mortgages from whiteboard
to reality today.”
About Simplifile
Since 2000, Simplifile has connected lenders, settlement agents, and
counties for real-time collaboration and eRecording. Through Simplifile,
users can securely record, share, and track documents, data, and fees
with ease. The Simplifile network enables over 17,000 settlement
companies to eRecord in nearly 1,700 counties which covers roughly 80%
of the U.S. population. To learn more, visit https://simplifile.com
or call 800-460-5657.
About Docutech
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 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.
Contacts
For Docutech
Stephen Sprayberry, 678-781-7207
or
Maddie
Russo, 678-781-7230