With BlitzDocs deployed, loans generated from PML are seamlessly dropped into a collaborative e-folder and transformed into electronic documents for underwriting, auditing, transfer and archiving.
"The integration of Xerox's BlitzDocs with PML has resulted in a paperless initiative that drives greater efficiencies throughout the entire loan lifecycle," said Gigi Campbell, national sales director of PML.
When BlitzDocs is used in conjunction with Docu Prep, customers can complete transactions within one common network. A Docu Prep document package incorporating Xerox DataGlyphs allows users to seamlessly place loan documents in a collaborative e-folder, increasing overall productivity.
"Putting a DataGlyph directly on the document at the time it is assembled improves speed and accuracy, [and] reduces labor and other time related costs, making the already proven BlitzDocs system even more valuable to our customers," said Scott Buchanan, president of Docu Prep.
Costa Mesa, Calif.-based PriceMyLoan is a proprietary product of Insight Lending Solutions, a Web-based application service provider. For more information, call (714) 957-6335 or visit www.pricemyloan.com.
Salt Lake City, Utah-based Docu Prep Inc. provides mortgage documents to banks, credit unions, law firms and mortgage companies. For more information, call (801) 461-0202 or visit www.docuprep.com.
Alpharetta, Ga.-based Xerox Mortgage Services, a part of Xerox Global Services, provides solutions for electronic document collaboration. For more information, call (678) 460-2460 or visit www.xerox-xms.com.