Skip to main content

Plaza Home Mortgage Adds New Disclosure Capabilities to Its LOS

NationalMortgageProfessional.com
Nov 20, 2018
Plaza Home Mortgage has announced that its BREEZE loan origination system (LOS) now gives wholesale Mortgage Brokers a new option in generating both required disclosures and the LE at the point of sale

Plaza Home Mortgage has announced that its BREEZE loan origination system (LOS) now gives wholesale Mortgage Brokers a new option in generating both required disclosures and the LE at the point of sale.
 
Plaza Mortgage Brokers will now be able to initiate and send disclosures to a borrower along with the LE through the BREEZE system. The disclosures that will be sent to the borrower include Broker state and federal disclosures and Plaza lender state and federal disclosures, as well as a Fannie Mae 1003 Application. For FHA and VA loans, the 92900-A or 26-1802a forms and other required program disclosures will be included. Loan originators will have the option of electronically signing the Fannie Mae 1003 and other forms that require their signatures.
 
Once the disclosures and LE are received by the borrowers, they can consent and sign them electronically, and notifications will automatically be sent via e-mail keeping the originator informed at each step. All documents are then automatically stored in BREEZE’s imaging system where originators can access and save for their record.
 
“At the end of the summer, we introduced our new Loan Estimate capability that lets BREEZE users create LEs in five minutes or less. Now we are adding disclosures to complete the digital experience for brokers and their clients,” said Jeff Leinan, Executive Vice President of National Wholesale Production at Plaza Home Mortgage. “In today’s competitive market, where every loan counts, technology enhancements and skilled Account Executives allow Plaza clients to offer a superior user experience and increase loan pull-through.”

 
Published
Nov 20, 2018
More from
Tech
Liquid Mortgage Technology Supports Efficient Debt Market

Liquid Mortgage received a U.S. patent for its distributed ledger technology to support its future vision of efficient and transparent debt markets.

Tech
Jul 22, 2021
Rocket Expands Home Search Tool To All 50 States

Rocket Homes announced its growing home search tool now includes listings from all 50 states.

Tech
Jul 21, 2021
Better's One-Click Checkout Now Offers Title Insurance For Refi's

Better announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) in Virginia. 

Tech
Jul 20, 2021
Fairway Independent Mortgage Uses Doma To Improve Refinance Business

Doma Intelligence platform will remove key points of friction and frustration that affect traditional mortgage closings.

Tech
Jul 16, 2021
Total Expert For Salesforce Improves Customer Engagement

Total Expert announced their integration with Salesforce to enable marketing and customer engagement on behalf of advisors, loan officers, and personal bankers. 

Tech
Jul 15, 2021
Lendsmart Integrates With Freddie Mac To Digitize Underwriting

Lendsmart’s platform unifies all the parties involved and reduces operational costs.

Tech
Jul 14, 2021