09.14.18

Making Your Final Preparations for TRID 2.0

We are less than two weeks away from the mandatory compliance date for TRID 2.0. As of October 1, 2018, the CFPB will expect every lender to be in full compliance with the new amendments.

This means that lenders need to make certain that they are ready to make the transition to the updated rules. With the right preparation, you can be certain that this change will occur in a smooth and orderly fashion.

At Docutech, we have been working on the changes for the last year and can assure our partners that we are ready and assist them with their final TRID 2.0 preparations and testing.

 

Read more

 
09.06.18

Industry Spotlight: Blue Sage

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.

Read more

 
08.30.18

Filling Out the Digital Mortgage Puzzle

Executing on a complete digital mortgage strategy has been much like completing a giant puzzle. As puzzle pieces like technology infrastructure, regulatory standards, consumer demand, and the need to cut origination cost have aligned, the digital mortgage picture has become more complete.

Read more

 
08.23.18

July 2018 Compliance Recap

Summer typically sees fewer compliance updates, and this summer is no different. That said, we did see some changes in California and from the nation’s largest secondary market investor.

All of these changes were detailed on our compliance blog. Subscribe to learn about all of the industry’s compliance news before anyone else.

Read more

 
08.16.18

Treasury Throws its Weight Behind Digital Mortgage Technology

The evolution towards true end-to-end digital mortgages becoming a reality is gaining increasing momentum with new recommendations from the U.S. Department of the Treasury. Mortgage technology has evolved over the past two decades to include automated underwriting tools, digital document generation, eSignatures, eVaults, and mobile and online loan point-of-sale platforms. The Treasury recommendations address the critical need for more investor acceptance of eNotes for true broad-based use of digital mortgages.

While lenders have embraced much of the innovations paving the way to eMortgages, there have been roadblocks – often in the form of outdated regulations and technologies, as well as lack of support from investors that drive much of the mortgage industry’s secondary market.

Read more

 
08.02.18

Docutech’s Solex Brings eSign Customization to Loan Documents with New Editor Features

A common pain point for many lenders we speak to is the inability to seamlessly enable electronic delivery and eSignature for every document that needs to be provided to the borrower.  Too often, lenders struggle to send additional documents beyond those included in the standard loan doc package, such as appraisal acknowledgments, change of address addendums or explanatory letters, to name a few.

This specific – and common – need led Docutech to innovate document Editor capabilities within Solex eSign.

Read more

 
07.26.18

Client Spotlight: Mountain America Credit Union Selects Docutech to Streamline New Account Onboarding and Consumer Lending

Recently, we announced that Mountain America Credit Union selected Docutech’s document and eSign technologies to create an even better experience for its members and help them achieve their financial dreams. Specifically, Mountain America Credit Union chose Docutech’s ConformX dynamic document generation engine, Solex eSign and eClose, and print fulfillment services to streamline their new account onboarding, and consumer, home equity and short-term mortgage refinance lending processes.

Read more

 
07.19.18

June 2018 Loan Document Compliance Recap

If you were out enjoying the sun, the beach and the summer in June, it might have been easy to miss some compliance changes and document updates. To help you catch back up, in this month’s compliance recap, we spotlight key lending-related compliance issues and document changes that occurred in June. For more details on any of these important changes, follow the links below to visit our compliance blog.

Read more