Skip to main content

FDIC issues Loan Modification Program Guide

National Mortgage Professional
Nov 24, 2008

DocuTech’s ConformX integrated into Del Mar DataTrac’s Core Banking SystemMortgagePress.comDocuTech Corporation, ConformX, compliant closing documents, loan management system, DataTrac DocuTech Corporation, a provider of compliance services and documentation technology for the mortgage industry, has integrated ConformX, which generates compliant closing documents, into the DataTrac loan management system. Del Mar DataTrac provides solutions that empower small- and medium-sized mortgage bankers to deliver extraordinary customer service and drive up production while reducing risk, increasing productivity and streamlining their overall efficiency. By embedding DocuTech's interface, lenders using DataTrac can now generate and print compliant mortgage disclosures and closing document packages in seconds. "In today's tough market, lenders simply don't have the time to work with patchwork loan management systems that require multiple screens and desktop applications for file exporting," said Rob Katz, president of Del Mar DataTrac. "This new integration eliminates 'middle-tier' software, so that when a customer installs DataTrac, they are ready to work with DocuTechs ConformX." This seamless integration eliminates the need for manual data entry and importing steps to get loan information into ConformX, improving the accuracy and speed of the transaction process. Del Mar DataTrac's platform ensures that each transaction originated in DataTrac is presented in its entirety to ConformX, enforcing data integrity in DataTrac, the lender's database of record, throughout the lifecycle of the loan. Once the documents have been generated, the interface also provides instant and direct feedback from DocuTech to DataTrac. "DocuTech's seamless integration with DataTrac means we do not have to re-enter data," said Carrie Kaiser, closing manager at Scottsdale, Ariz.-based imortgage. "Instead, we can leverage the information that has already been entered into DataTrac, letting our closers focus on what they do--close loans--instead of data re-entry." DocuTech is one of the most popular compliance and document generation services used by DataTrac customers today. "With so many existing common customers between our two companies, this integration should prove to be a highly popular add-on," continued Katz. "DocuTech already has the most comprehensive integration built with DataTrac," said Ty Jenkins, chief executive officer of DocuTech. "If the data is in DataTrac, ConformX will print it on the document--this integration eliminates all data re-entry. Now, lenders can print documents faster and easier through DataTrac without sacrificing data quality and improving efficiency rates." ConformX securely delivers printed paper, e-mail and Web-posting options from any Internet location around the world. Lenders can also customize business controls to meet state and federal requirements, enhance security, require high-cost loan checks and ensure that only the needed documents are printed. For more information, visit www.delmardb.com or www.docutechcorp.com.
Published
Nov 24, 2008
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021