Who: Avon, Conn.-based Norcom Mortgage What: Norcom turns manual, time-consuming disclosure process into an easily tracked system that frees the lender up to quickly respond to incoming volume and customers, thereby improving borrower satisfaction. Challenge: Avon, Conn.-based Norcom Mortgage needed to improve customer service and response time by automating a labor intensive, [...]
PrimeLending Works Closely with DocuTech to Ensure Disclosure Compliance – Collaboration results in sFTP service – Who: PrimeLending, a PlainsCapital Company, Dallas Ken Mezger, Process Improvement Manager When: Implemented ConformX in 2010 What: PrimeLending converted to DocuTech’s ConformX, a Web-based solution that transforms an Internet connection into a 24 hour closing document provider in 2010 [...]
Who: National Bank of Kansas City What: Since National Bank of Kansas City first implemented DocuTech’s ConformX, the company has remained current with the compliant documentation investors and examiners require, despite constant changes to regulations. Since implementing the system, National Bank of Kansas City has been able to meet compliance and closing document needs without [...]
Who: Pleasant Valley Home Mortgage, Moorestown, N.J. Joseph Fox, chief operating officer When: Implemented ConformX in August 2009 What: Moorestown, N.J.-based Pleasant Valley Home Mortgage opened its doors in the midst of the United States’ worst housing crash since the Great Depression. Through its reliance on solid lending practices and trusted technology partners, such [...]
Since 1991, DocuTech has been providing lenders of all sizes with the compliant, precision document packages needed to close loans quickly and efficiently. Our customers benefit from an affordable software platform that can generate documents that guaranteed to be compliant with federal, state and investor guidelines every time. The technology is sophisticated enough to only [...]
Who: Pinnacle Capital Mortgage Corp., Roseville, Calif. Ed Coker, senior vice president of Corporate Operations When: Pinnacle Capital implemented ConformX and HCL/Predcheck in July 2008. What: Roseville, Calif.-based Pinnacle Capital Mortgage Corp. selected DocuTech and its ConformX and HCL/Predcheck solutions to automatically generate compliant mortgage loan documents and to detect and correct high cost and [...]
Who: Oceanside Mortgage Company Steve Stone, vice president of Secondary Marketing When: ConformX with bar code capability, user since 2008 What: Forked River, N.J.-based Oceanside Mortgage Company selected DocuTech and its ConformX solution to remove the risk of compliance issues and provide a simplified process for filing and sending closed loans to investors. ConformX is [...]
In 2007, InterBank Mortgage Company converted from a brokerage to a wholesale mortgage bank. An increase in loan production as a wholesale shop meant InterBank needed to reinvest in technology that could handle large loan volume and was easy-to-use, such as DocuTech’s ConformX. As loan volume continues its upward movement for the wholesale bank, InterBank officials also value the confidence they now have in compliance through tools such as DocuTech’s Texas Legal Review.
Who: Academy Mortgage, Salt Lake City Adam Kessler, vice president When: PCLender customer since April 2008 DocuTech customer since April 2008 What: Layering two different LOS solutions to originate loans not only left Academy Mortgage worried about data flow and compliance, but also proved extremely inefficient and costly for the mortgage banker with plans to [...]
Who: Leslie Kromke, Mortgage Officer, First Bank Mortgage, Augusta, GA. When: ConformX customer since 2006, added PredCheck in May 2009 What: Due to increased regulatory pressure on higher cost loans (HCL) and predatory lending, First Bank Mortgage (Augusta, Ga.) sought a new software system to improve the accuracy and speed of their compliance checks. The [...]