In February, we covered several document updates and even added new documents to our doc library. In case you missed any of those key updates, here are the topics we shared in our February Compliance Blog. To stay on top of the mortgage industry’s every evolving compliance related issues and changes, subscribe to our Compliance Updates blog.
We sat down with Tom Gallucci, the Vice President of Business Development for The Mortgage Collaborative, to spotlight the lender benefits of joining this industry leading collaborative group. Docutech is the collaborative’s exclusive doc services provider offering members preferred pricing to the ConformX dynamic doc gen engine as well as the Solex eSignature and eClosing platform.
The documentation that forms the basis of the mortgage loan transaction includes the legal disclosures and the detailed repayment agreement between the homeowner and the lender. For reasons of legal compliance, this documentation must conform to local, state and federal laws related to the lending of money collateralized by real estate. To mitigate against catastrophic loss in the case of default, the documents must also stand up in court, comply with applicable law, and meet investor requirements.
As we jump into 2019, our compliance experts are busy ensuring that every Docutech client has the information they need to formulate their own compliance strategy. Here are the topics that made it into our compliance blog in January.
Docutech’s integrations with leading technology providers in the mortgage and consumer lending industry are key components to helping us deliver end-to-end solutions that enable lenders to streamline loan origination, reduce costs and optimize the experience for the borrower. In our recurring Industry Spotlight blog series, we highlight key relationships that help us move the industry forward by delivering the most streamlined, accurate, compliant and innovative document experience possible.
The end of 2018 brought several regulatory updates lenders will need to prepare for in the New Year. Here’s a look at the topics we featured in our compliance blog in November and December. For more details, check out our compliance website here. And, if you are not already receiving updates, take advantage of our free subscription service and have compliance updates delivered directly to your email.
Docutech’s integrations with leading technology providers in the mortgage and consumer lending industry are key to helping us deliver end-to-end solutions that enable lenders to streamline loan origination, reduce costs, and optimize the experience for the borrower. In our monthly Industry Spotlight blog series, we highlight key relationships that help us move the industry forward by delivering the most streamlined, accurate, compliant and innovative document experience possible.
As the mortgage industry continues its evolution to a fully digital environment, Docutech is integrating with leading technology providers to deliver end-to-end solutions that enable lenders to streamline loan origination, reduce costs and optimize the eDocument and eSignature experience for the borrower.
Looking toward 2019 with only a slight increase in new purchase originations predicted, but coupled with predicted continuing declines in refis, the importance of reducing costs in loan originations is paramount. As new technologies and integrations continue to be introduced and further solidified, the mortgage industry’s reliance on digital offerings is increasing and opening up new benefits for lenders and the valued borrowers they serve.
