Use our PredProtect Check FREE for 60 Days!!
DocuTech is excited to announce a special opportunity for new customers to use our premium High-Cost and Predatory Loan Check for FREE during a 60-day period!
Save Time and Money
Let's face it: time is money. With PredProtect, lenders can satisfy legal and investor requirements without slowing down your processes. Accurate results are generated in seconds, saving valuable processing time and greatly reducing the chances of costly loan repurchases and the need for borrower reimbursements.
Sign up today to open your account, get trained and start protecting your business.
Simply contact our Client Support staff in one of three ways:
- Email: support@docutechcorp.com
- Phone: 800.497.3584
- TaskWatch: http://informx.docutechcorp.com (Customer Login Required)
PredProtect Covers These Issues and Tests:
- HOEPA, Federal Section 32
- FNMA 5% test, which includes the amendments from June 1, 2006 and includes purchase transactions
- Points & Fees test. All State High Cost classifications & Predatory laws
- All County High Cost classifications & Predatory laws
- All Municipal High Cost classifications & Predatory laws
- All State specific High Cost classifications such as IL Interest Act and TX.
- OFAC and PLC check lists for Patriot Act compliance
- HMDA rate spread
- Lender/Broker Pre-paids for NJ
- Prepay Penalty amounts included in Points and Fees for states like GA and NC
- Prepayment Penalty caps per state
- Pre-paid Finance Charges are automatically identified by the system, not the user. This eliminates the guess-work.
- In addition, the DocuTech system takes care of TILA tolerances, APR & Finance charge verifications and the Recission Period test using the Federal Calendar
- Next month usury laws will be added to the automatic checks as well
If you have any questions please contact us:
Email: support@docutechcorp.com
TaskWatch: http://informx.docutechcorp.com
Phone: 800.497.3584
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High Cost Loan and Predatory Lending Check
Features Benefits Preview Compliance Implementation Coming Features Use PredProtect Free“DocuTech's commitment to customer satisfaction has been extremely impressive in all arenas, from providing the latest technology to exemplary customer support. All of our concerns have been resolved immediately, and the support team is always available when we need them.”
