International Document Services Inc. (IDS) and MortgageFlex Systems announced the development of a joint ‘lights out’ interface between IDS’s flagship mortgage document preparation system idsDoc and MortgageFlex’s LoanQuest loan origination system (LOS).
The interface between idsDoc and LoanQuest allows users to generate compliant mortgage documents in idsDoc without leaving the LoanQuest system. Also known as a blind interface, this allows LoanQuest to remain the database of record but gives users access to all the capabilities of idsDoc, such as the audit system and the e-sign tool.
“With all the regulatory changes lenders have faced just in the past three months, simplicity is a lender’s best friend these days,” said Mark Mackey, executive vice president at IDS. “At IDS, we always strive to make life easier for our clients, and integrations like these allow lenders to access multiple best-in-class systems while streamlining the origination process.”
Audit details are displayed in LoanQuest, including explanations, links to regulations and cost test results. The interface also has the ability to create custom mappings according to the lender’s preference, as well as support all seven package types to generate docs. This integration allows users to conveniently include processing docs and verification forms in their packages. Borrowers also have access to idsDoc’s E-Sign functionality through LoanQuest, further simplifying the document signing process.
The interface is supported and backed by a consistent partnership between companies that share similar histories of a development culture.
“Both IDS and MortgageFlex share a similar culture of development, which makes partnerships like these work so smoothly,” said Craig Bechtle, executive vice president at MortgageFlex. “Compliance is at the top of our customers’ list of concerns, and the ability for our customers to access the sophisticated doc prep capabilities of idsDoc without leaving the LoanQuest system eliminates data transfer errors that could compromise compliance.”