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Flagstar launches DocVelocity MortgagePress.comonline end-to-end paperless office solution Flagstar Bancorp Inc. announced the launch of DocVelocity, an online end-to-end paperless office solution for mortgage originators. "DocVelocity is a way for mortgage originators to go paperless with no special hardware, no special software and no upfront costs," said Steve Brooks, executive vice president and chief operating officer for lending at Flagstar Bank. Brooks said mortgage originators can upload, scan, e-mail or fax their documents into the DocVelocity system where they are automatically imaged, organized and stored digitally. DocVelocity then creates a secure electronic file that everyone in the loan process can access, anytime. Borrowers can even enter their own documents, such as their W-2, into the system on a secure, one-way basis. Flagstar Bancorp Inc. is a publicly held savings bank based in Troy, Mich. For more information, call (800) 945-7700 or visit www.flagstar.com.