WinStar Mortgage Partners Renews with Lender Support Systems
February 5, 2007
POWAY, Calif.-- Lender Support Systems, Inc. (LSSI), a provider of eMortgage-enabled lending and loan servicing technology solutions, announced that WinStar Mortgage Partners has renewed their annual software agreement and will continue using LSSI’s DocWin loan-document creation software.
WinStar Mortgage Partners, based in Plymouth Minn., has been an LSSI customer for three years. The wholesale mortgage lender uses DocWin during the processing of approximately 500 loans they close each month.
“DocWin is well supported by LSSI and integrates easily with our other five systems,” said Mike Horihan, senior vice president of secondary marketing for WinStar. “LSSI’s demonstrated customer service and rapid response times are critical to our ability to serve our customers.“
DocWin helps streamline the loan-closing process for mortgage lenders through a simplified, easy-to-use interface that performs accurate APR, payment, impound analysis and high-cost calculations. Seamless data import capabilities allow the solution to work behind the loan origination system (LOS) for complete automation, only presenting applicable screens for more efficient document management. DocWin offers fully compliant mortgage disclosures for all 50 states, including the Virgin Islands. Automatic data validation streamlines the process for consistently accurate mortgage documents and improves processing productivity. For the protection of the borrower, the software is built with 128-bit encryption and compliance updates to cater to the changes within the industry.