Guaranty Trust Selects IDS as Disclosure and Closing Docs Provider – NMP Skip to main content

Guaranty Trust Selects IDS as Disclosure and Closing Docs Provider

NationalMortgageProfessional.com
Jul 06, 2011

International Document Services (IDS), a mortgage document preparation vendor, has been selected to provide closing documents and initial disclosures for Guaranty Trust Company, a full-service mortgage company based in Murfreesboro, Tenn. Guaranty's decision to select IDS was based on the seamless interface integration through their loan origination system (LOS) Avista Solutions, as well as the staff training and the level of customer service IDS provides. The Avista and IDS interface is constantly updating and pushing more data, allowing more customizations and professional documents. Guaranty acknowledged that IDS set the standard by which all other document prep providers should be measured. "We have been pleasantly surprised how user friendly the IDS and Avista interface is. It has great functionality and enables users to easily edit almost any document right in the system. They've really set the standard for how a doc prep vendor should be measured," said Guaranty Trust IT Administrator Ryan McCormick. "IDS has allowed us to operate more efficiently and exert our energies in other important areas of our operations because we know that IDS has all our document and compliance needs taken care of." The level of staff training and problem solving that IDS provides enables it to improve the speed, efficiency and accuracy of the documents for all types of mortgage industry companies, making it easier for lenders to bring quality, fully compliant docs to the closing table. "One of the biggest stressors for lenders today is making sure they prepare zero-default initial disclosures and closing documents. At IDS, our first responsibility is to relieve our clients of that worry by ensuring our system includes the most up-to-date regulatory changes and state high cost audits. By doing this, we can make the lending process easier and more efficient for our clients, thereby creating better turn-around time for both lenders and borrowers," said IDS Executive Vice President Mark Mackey.  
Published
Jul 06, 2011
Markets Anxious As Fed Opens 2-Day Meeting

Investors, mortgage brokers & bankers await latest policy statement on fighting inflation

Regulation and Compliance
Jan 25, 2022
Ginnie Mae Streamlines FHA Advanced Loan Modification program

Documentation changes eliminate requirements for recordation and title insurance.

Regulation and Compliance
Jan 24, 2022
'A Long Road To Normal'

Nominated again to lead The Fed, Powell tells Senate committee to expect three rate hikes, but 'if we have to raise interest rates more over time, we will.'

Regulation and Compliance
Jan 11, 2022
CFPB: Complaint Response Worsens At Big 3 Credit Bureaus

Report claims Equifax, Experian, and TransUnion routinely failed to fully respond to consumers with errors.

Regulation and Compliance
Jan 10, 2022
The Fed Names Chairs, Deputy Chairs For 12 Reserve Banks

In recent years, the Federal Reserve System has worked to increase the overall diversity of the Reserve Bank and branch boards of directors and continues to build on those efforts.

Regulation and Compliance
Jan 06, 2022
The Fed: Rate Hike Likely Coming in June

Federal Open Market Committee's December minutes reveal discussion of first hike in federal funds rate in 2Q of 2022, as well as of ending asset purchases by March.

Regulation and Compliance
Jan 05, 2022