Compliance Systems Inc. (CSi), a provider of compliance documentation technology, and MortgageFlex Systems Inc., a provider of innovative mortgage technology, have announced the integration of their core products. CSI IntelleDocs are now available via MortgageFlex's loan origination system (LOS), the Residential Lending System. CSi IntelleDocs reduce processing time for lenders by eliminating the need for a separate "doc prep" company interface. CSi's Document Selection Logic validates and selects all the required documents for loan transactions. Additionally, CSi warrants the compliance accuracy as regulatory conditions change, proactively updating documents.
"We are ever mindful of providing our customers with the latest technology advantages and have formed this alliance after an extensive evaluation of available products," said Craig Bechtle, executive vice president of MortgageFlex. "The last thing our customers need to worry about is compliant loan documents. This alliance with CSi gives them additional compliance confidence while reducing business process time."
"Each IntelleDoc is a smart software application that streamlines the creation of loan packages and helps mitigate compliance risk," said Dennis Adama, president of CSi. "The combination of our intelligent documentation system with the capabilities of the Residential Lending System is unique in the industry and will deliver tremendous efficiencies to our mutual customers."