LendingQB and DocuTech have formed a partnership to integrate their platforms where LendingQB’s browser-based LOS is now seamlessly integrated with DocuTech’s ConformX system, enabling users to compliantly manage all aspects of document preparation directly from within LendingQB’s LOS. “The new disclosure rules and other regulations make it critical that lenders have an LOS and document system that ensures dynamic, compliant documents for every loan,” said Scott K. Stucky, COO of DocuTech. “Our long-term strategic partnership with LendingQB allows us to deliver strong compliance and a great deal of value with an extremely tight integration.”
The new integration enables all tasks that would otherwise be performed within DocuTech’s ConformX platform to be completed within LendingQB’s LOS without having to leave the application. All loan data resides in LendingQB, thus eliminating the exchange of potentially inaccurate disclosures that can be out of compliance. The integration removes a cumbersome, time-consuming process to enter or reenter data in the document system, dramatically speeding up the processing of initial disclosures and closing documents. As a result, employees are freed up to focus on other tasks, which requires fewer resources and increases employee productivity.
“Our integration with ConformX took a considerable amount of time and resources to complete such a seamless, bi-directional interface that is delivered on a software-as-a-service (SaaS) basis between our platforms,” said David Colwell, vice president of corporate strategy at LendingQB. Each of our solutions are sophisticated, enterprise-class applications that provide more value and compliance assurance than some of the older document preparation systems on the mortgage market.”
