To say that 2011 has been an interesting year in the Mortgage Industry is an understatement! With slow origination volume in the 1st 2 quarters of the year, robo signing, new originator compensation rules, the formation of the Consumer Financial Protection Bureau and numerous other challenges it has been busy to say the least. Follow this up with a 2nd half of the year re-finance boom and you’ve got a recipe for crazy.
Here at DocuTech we have been working with the industry and our clients to address the compliance challenges related to many of these issues. While at times this has been challenging, it has also been exciting as we see our clients continue to be successful and grow. DocuTech has benefited from your success and we have experienced another year of exceptional growth.
We now support 186 Investors representing over 4000 loan programs. In addition to this we have also put forth a great deal of effort in adding new functions and features to our system consistently to increase client satisfaction. We continue to invest in our client relations team in our goal to provide you the best customer service in the industry. We are also continuing our investment in our product thru research and development, our continued focus to bring you the most state of the art document solution available.
I wanted to take this opportunity to thank you for your business. Yes, 2011 has been an interesting and challenging year. One thing we know for certain, 2012 will be no less challenging given our current regulatory situation. We at DocuTech are committed to ensuring we handle the compliance document challenges that will arise.I hope you are able to take some time off for the Holidays to reflect and enjoy time with your friends and family. Happy Holidays and thanks again for your confidence in DocuTech, we truly value your partnership.
Scott K. Stucky
Chief Operating Officer