Indecomm Announces New eRecording Platform
Indecomm Global Services has announced the launch of InteleDoc Direct (IDD) eRecording Platform with Recopedia, Indecomm’s national recording toolkit. The platform is available in a Software as a Service (SaaS) model. IDD with Recopedia enables Indecomm or client-directed submissions with ease and minimal data entry, at any point in the process.
Most industry eRecording systems offer prompts and tips about county requirements, providing exact county specifications. Indecomm provides a toolkit which is available to attorneys, title agents and lenders at any point in the title and closing process, offering precise recording fee calculations, comprehensive recording checklists with information on how to accurately submit documents, county turn times and more. It also offers the ability to track and stay within tolerances for recording fees under the TRID rules.
“Our goal has always been to provide a single platform that meets the industry’s need for a full service eRecording system combined with a toolkit to review submissions,” said Latha Parameswaran, vice president of Channel Partner Management for Indecomm Global Services. “This enables a high first time county acceptance rate. Leveraging Recopedia through IDD delivers the most value to the client. We design solutions which are powerful and easy to use, based on our hands-on experience.”
InteleDoc Direct with Recopedia was built and utilized by Indecomm, with its expertise developed from being in the mortgage recording space for over 30 years. Indecomm’s current eRecord footprint covers more than 63 percent of the U.S. population. Indecomm records more than 400,000 mortgage documents annually, with a high first-time county acceptance rate.
“Our customers demand increasingly powerful solutions,” said Rajan Nair, CEO of the Financial Services Division for Indecomm Global Services. “We must anticipate, as well as adapt to, the many changes happening in our customers’ businesses.”