MILA integrates DesertDocs for heightened web servicesmortgagepress.comMILA, DesertDocs, document management system, online
MILA Inc. has partnered with
Desert Document Services
(DesertDocs) in order to provide online access to document systems
and address regulatory requirements related to the secure exchange
of closing documents.
MILA moved its document management system from a paper-based
process to an online process to further explore e-initiatives
within the company. A team of MILA and DesertDocs engineers
combined their technology to build an interface that will push data
to the DesertDocs system. Once data has been integrated into the
system, MILA is able to view and receive online documentation in
real time.
By combining the capabilities of MILA's AccessPoint
system with the e-delivery features of DesertDocs, MILA's broker
partners gain real-time access to closing documents prior to the
customer's scheduled closing date.
The MILA and DesertDocs alliance enables MILA to continue
processing applications while simultaneously delivering closing
document information through AccessPoint, MILA's loan management
system. Upon doing so, these documents can be converted to PDF and
encrypted at the point of scan, then routed to multiple locations,
all while conforming to the various federal statutory electronic
transmission requirements.
Headquartered in Mountlake Terrace, Wash., MILA Inc. specializes
in mortgage lending programs for borrowers with A-D credit. For
more information, call (800) 332-MILA or visit www.mila.com.
