E-Closings Will Be Common, Believe It Or Not
In total, 87% of 23 respondents think electronic closings will be common in five years. Adding fuel to this claim is news that Xerox Mortgage Services is up and ready with electronic vaulting capability and currently has over 35,000 e-notes already sitting in its e-vault. You can never have too many e-mortgage players in my opinion.
More...Retain Five Percent of Your MBS Portfolio
If you ask lenders what the biggest threat to their business is, most will cite lower home values, rising interest rates, or compliance headaches. Yet within two weeks, Congress could pass a rule that will effectively eliminate the independent non-bank mortgage lender’s existing business model. Buried in the midst of the 1,300-page Restoring American Financial Stability Act, the major financial reform bill being debated by the Senate right now, is a provision that may require all lenders to retain a portion of a loan’s risk in accessible capital if they sell the loan on the secondary market.
More...DocuTech 2009 - Year End Review
2009 was a challenging, yet, a very good year for DocuTech. First we would like to thank all our clients, partners, and employees for the many accomplishments we achieved this year. We have met and exceeded many of our goals. We take our clients feedback to heart and hope you feel you have received the kind of service you expect.
More...DocuTech's Notable News for 2009
DocuTech does more than just make great software to help your document compliance. We are also a trusted resource for the mortgage industry trade press, and we’ve been featured several times this year. We wanted to share some of our best pieces from 2009 to kick off the new year.
More...Special Report: Document Services
Special Report: Document Services Keeping Up With D.C.
More...DocuTech Selected For Mortgage Technology Top 50
Each year Mortgage Technology magazine names its Top 50 Service Providers. Our four major criteria for inclusion of eligible vendors and service providers on our list are customer satisfaction, functionality, market share and viable revenue model.
More...Monte Larsen's eMortgage Article Featured in Scotsman Guide
March 2008, Scotsman Guide - Monte Larsen's article, "Bye, Paper" was featured in the March 2008 issue of the Scotsman Guide. It's taken a while, but e-mortgages have started to gain mainstream acceptance. Numerous technology vendors and industry experts proclaim the new era of paperless e-mortgages.
More...Visit DocuTech at the MBA 2008 Tech Conference in Dallas, TX
MBA 2008 Technology Conference - Come Visit DocuTech at the MBA's Technology in Mortgage Banking Conference March 16th - 19th in Dallas, Texas. Visit Booth #622 near the Business Communications Center to discover how mortgage document technology can make your business more profitable.
More...Wave Unveils Smart Signing Room
October 15, 2007 - Lee, MA and Boston (MBA's 94th Annual Conference & Exposition) - eSign Systems, a division of Wave Systems Corp. (NASDAQ: WAVX), today announced the availability of SmartSigning Room ... DocuTech has completed integration of SmartSigning Room with its current library of mortgage documents.
More...Managing Prepayment Penalties With Technology
September 7, 2007 - National Mortgage Broker - No Longer Stuck Between a Rock and a Hard Place - Managing Prepayment Penalties Easier with Technology. One area of contention for consumer groups and investors is prepayment penalties. From the investors’ perspective, prepayment penalties provide some protection to investors from rapid refinances and lost profit. From the borrower point of view, some prepayment penalties lock them into loans that become very costly to refinance.
More...Q & A with Electronic Marketplace Closing Solution Providers
July 3, 2007 MBA Newslink - Within today's markets, there are forward-thinking lenders and vendors who are change the face of closing transactions...
More...The Road Less Traveled
May 2007 Mortgage Press - In a profitable market, brokers can take the risk of losing clientele, where in a declining market, brokers have fewer loans to choose from, therefore, increasing liability of accepting a fraudulent application...
More...Steward Financial Inc. Closes More Loans Daily With ConformX
January 23, 2007 MBA Newslink - Steward Financial, Inc., a DocuTech customer since 2001, upgraded to ConformX, a Web-based solution that accelerates the closing process through document management, in 2005 to enhance...
More...Mortgage Technology 2006 Synergy Award
November 2006 Mortgage Technology - Bidirectional feed within Ellie Mae's ePass and DocuTech is highlighted in the ePass Network's 2006 Mortgage Technology Magazine Synergy Award...
More...Implementation or Bust
October 5, 2006 Mortgage Technology Newsletter - The word "implementation" can strike fear in the hearts of mortgage professionals. Unfortunately, they have good reason to be afraid. It is disappointingly rare to hear positive stories associated with installation or enhancement technology...
More... Back Next“DocuTech has always been very responsive and very willing to work with us as a partnership rather than viewing us simply as a customer. When we were evaluating our technology systems and procedures, DocuTech stood out as a company we must continue to work with. ConformX is the solution that meets the needs of Pinnacle Financial.”
