Skip to main content

QuestSoft Certifies Acceptance of Seven E-Signature Providers

Nov 08, 2013

QuestSoft Corp. has added electronic signature (e-signatures) gateways from six providers, broadening the options for its customers using QuestSoft’s Internal Revenue Service (IRS) 4506-T and Social Security Administration (SSA)-89 verification services. In addition to its highly automated direct integration with Communication Intelligence Corporation’s (CIC) e-signature technology, QuestSoft can also accept 4506-T submissions with six other e-sign companies including: DocMagic, DocuPrep, DocuSign, eSignSystems, IDS and Silanis. Each of these companies successfully completed a certification process mandated by the government agencies and enforced by QuestSoft as part of its security procedures. “We discovered some of our clients were already using e-signature services from other providers, and we wanted to make sure they were accommodated,” said Suzanne Mosher, national manager for 4506-T and SSN verifications for QuestSoft. “As our in-house partner, CIC helps assist companies to easily gather signatures for 4506-T services. Connecting with our clients’ vendors can also help them with their workflow.” QuestSoft's verification software, Desktop VERIFY, assists companies with tracking and organizing their 4506-T requests with the IRS, and now with the inclusion of e-signatures, it can provide a paperless workflow. “With the IRS-approved electronic signature requirements, those who handle 4506-T requests no longer have to maintain both an electronic and paper loan file,” said Mosher. “It's all centralized with Compliance VERIFY.” Desktop VERIFY is part of QuestSoft’s new Compliance VERIFY service, which offers the software free of charge to QuestSoft’s 4506-T clients along with a free software development kit to integrate their LOS and document vendors. “Compliance VERIFY is flexible in that customers can use the Desktop VERIFY solution, or have it integrated into their software or loan origination system,” said Bhavin Shah, vice president of development and technology for QuestSoft.
About the author
Published
Nov 08, 2013
In Wake Of NAR Settlement, Dual Licensing Carries RESPA, Steering Risks

With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.

A California CRA Law Undercuts Itself

Who pays when compliance costs increase? Borrowers.

CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

Fannie Mae Weeds Out "Prohibited or Subjective" Appraisal Language

The overall occurrence rate for these violations has gone down, Fannie Mae reports.

Arizona Bans NTRAPS, Following Other States

ALTA on a war path to ban the "predatory practice of filing unfair real estate fee agreements in property records."

Kentucky Legislature Passes Bill Banning NTRAPS

The new law prohibits the recording of NTRAPS in property records, creates penalties if NTRAPS are recorded, and provides for the removal of NTRAPS currently in place.