DocuTech and PCLender.com Form Strategic Alliance, Streamline Mortgage Documents Processing
June 20, 2007
DocuTech Corp.formed a strategic alliance with Honolulu-based PCLender.com, a web based software and service solution. The alliance integrates DocuTech's compliant documents with the PCLender.com enterprise mortgage lending system. originators and mortgage lenders, delivering real-time electronic loan folder sharing to all parties working on a loan.
The integration of DocuTech's ConformX with InHouse Mortgage creates a Web-based solution that transforms an Internet connection into a 24-hour loan origination or closing office. This alliance ensures that users will enjoy secure loan processing with documents that are compliant with all state and federal regulations while enabling an origination and closing process that is quick and accurate for both brokers and lenders. "PCLender.com was interested in selecting a document provider whose technology could both seamlessly integrate with our enterprise lending system and provide the assurance of compliant and secure document delivery," said Lionel Urban, president of PCLender.com. "ConformX is 100 percent compliant with all government regulations and the company's products are backed by a solid reputation of providing the industry's highest quality loan documents."
DocuTech offers the distinct advantage of enabling PCLender.com customers to create custom document sets for 'generic' loan products, enhancing their secondary marketing delivery options, Urban added.
Paperless processing and seamless integration allow lenders and brokers using InHouse Mortgage with DocuTech's ConformX to benefit from the increased speed with which loans can be originated and processed. This new alliance also makes DocuTech's compliant documents available to brokers, giving them affordable access to the same systems used by larger banks.
"The PCLender.com enterprise lending system enables brokers and lenders to easily input and manage loan data in one easy to use system," said Monte Larsen, CMO of DocuTech. "DocuTech helps customers increase productivity and loan volume with the added security of web-based compliant documents. This alliance will help brokers and lenders close more loans with greater accuracy, and allow every member of the team to work together."
Source: DocuTech Corp.