Paperless mortgage product improved
|January 16, 2006|
Direct-Docs adds communications tools, more security
Document Processing Systems Inc. has added new features to Direct-Docs, an online closing-document preparation service that supports a paperless mortgage process, according to a company announcement today.
The enhancements "are aimed at improving lender/consumer communication, general ease of use, and for providing the lender greater visibility into the lifecycle of closing documents," the company announced.
"We've really researched and listened to our clients' requirements," said Paul Rakowicz, president of Document Processing Systems. "With the lender-client communication enhancements, compliance traceability, and total integration of the DPS eMortgage Studio, we really feel well-positioned to serve our existing customers in the paper world as well as provide a quick and easy transition path for those lenders seeking a total eMortgage solution today."
Among the product's features:
DPS' patent-pending document management system, the DPS eMortgage Studio, provides Web-based access to a fully paperless, MERS eRegistry-accessible electronic mortgage process. DPS supports thousands of lenders with its Direct-Docs Web-based closing-document preparation service, according to the announcement.
Copyright 2006 Innam News