MortgageFlex Systems Inc., a provider of lending and servicing solutions, has announced its integration with Xerox Mortgage Services’ BlitzDocs platform to provide lenders comprehensive and enhanced document management services. The combined offering provides customers with a roadmap to a complete eMortgage solution, including eDisclosures, investor eDelivery, and integrated processes that drive compliance and improve efficiency.
BlitzDocs’ one-click integration to the MortgageFlex origination system, the Residential Lending System, enables lenders to seamlessly synchronize documents throughout the loan process and deliver them to consumers, business partners and investors.
“MortgageFlex is an industry innovator that has built its business on a strong foundation of industry leadership and technology,” said Nancy Alley, vice president of product management, Xerox Mortgage Services. “The integration of the Xerox Mortgage Services and MortgageFlex platforms will provide comprehensive document management capabilities from the delivery of electronic disclosures to investor delivery to document archiving.”
At the core of Xerox Mortgage Services’ offerings is the BlitzDocs Collaborative Electronic Loan Folder (eFolder). The eFolder provides disparate mortgage participants anywhere, anytime, simultaneous access to its contents. Regulated by role-based security measures, the various participants only see the loan information that is pertinent to their specific task. Providing integrated document delivery and the ability to accept eDisclosures, the eFolder provides the first of many stepping stones along the path to the eMortgage.
“Leveraging Xerox Mortgage Services’ BlitzDocs, our clients can drive down costs and improve quality and compliance capabilities," said MortgageFlex Systems Inc. Chief Execuitve Officer Lester Dominick. "We are very selective in choosing our business partners and Xerox met all our criteria for providing a high quality product with outstanding support while maintaining the highest level of integrity. We are certain that this partnership will add significant value for our clients.”
