Docutech and Simplifile Unite to Support eMortgage Evolution
SCOTTSDALE, ARIZ., Sept. 27, 2017 – Docutech, the leading provider of document and compliance technology for mortgage, home equity and consumer lending, announced an agreement with Simplifile, the nation’s largest network for connecting lenders, settlement agents and county recording offices. The combination of Docutech’s Solex™ eClosing solution and Simplifile’s services create a seamless eClosing solution for agents, lenders and borrowers that allows each transaction to be as digital as possible, down to a document and jurisdiction level, while maintaining a standardized process on every loan.
By establishing a consistent, more efficient process for agents, lenders will realize an expedited ramp up on their Digital Mortgage initiatives. Agents will have the ability to confidently conduct eClosing ceremonies, eSign, eNotarize and eRecord effortlessly, while lenders will be equipped with a solution that extends beyond the closing table well into post-closing.
“As more and more lenders strive to make eClose their transactional standard, we are focused on delivering the comprehensive solutions they need to optimize this process and provide their borrowers with the most streamlined experience,” said Amy Brandt, President and COO of Docutech. “Our integration with Simplifile enables us to bring the industry one step closer to a mainstream paperless mortgage process, and we couldn’t be more excited about this advancement.”
Through the agreement between Docutech and Simplifile, borrowers will be able to preview their closing packages and (optionally) eSign any documents that don’t require notarization prior to closing. From there, the closing agent and borrower can complete the closing electronically, with full eNotarization capabilities. Once the closing is complete, closing agents can electronically submit documents to counties for recording. The recorded documents and data along with other trailing documents will then be electronically returned to the lender.
“We’re thrilled to announce our agreement with Docutech, a company as passionate as we are about helping the industry achieve the benefits of mortgages that are as paperless as possible,” said Paul Clifford, President of Simplifile. “By working together, we are creating the necessary infrastructure to transform digital mortgages from whiteboard to reality today.”
Since 2000, Simplifile has connected lenders, settlement agents, and counties for real-time collaboration and eRecording. Through Simplifile, users can securely record, share, and track documents, data, and fees with ease. The Simplifile network enables over 17,000 settlement companies to eRecord in nearly 1,700 counties which covers roughly 80% of the U.S. population. To learn more, visit https://simplifile.com or call 800-460-5657.
Founded in 1991, Idaho Falls, Idaho and Scottsdale, Ariz.-based Docutech offers a wide range of document technology solutions for mortgage, home equity, and consumer lending from document generation to eDelivery, eSign and print fulfillment. The company sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. Docutech’s knowledge and solutions empower lending professionals to efficiently produce accurate loan packages in all 50 states to ensure compliance with constantly changing laws and regulations. For more information, visit the company’s website at www.docutech.com or follow them on social media at LinkedIn or Twitter @Docutech.