IDAHO FALLS, IDAHO, Dec. 3, 2014 – To ensure strong document compliance for 2015’s integrated disclosure reform, Boca Raton, Fla.-based ResMac has selected DocuTech Corp.’s ConformX to automate and provide superior mortgage document compliance. The lender selected ConformX for its ability to originate compliant loan documents and disclosures while integrating efficiently with the lender’s proprietary web-based Loan Origination Software (LOS).
In addition to stronger compliance processes, ResMac has also increased efficiency since partnering with DocuTech. The lender cited the provider’s exceptional customer service model as a key to the partnership’s success. Furthermore, ResMac added that DocuTech’s customer service response time was superior in comparison to its top competitors, particularly in relation to the implementation process.
“Using ConformX provides peace of mind knowing that our documents and disclosures are in full compliance with the CFPB’s regulatory standards,” said Nelson Haws, president and chief executive officer of ResMac. “DocuTech also was able to fully integrate into our LOS, improving efficiency and supporting our team with exceptional customer service.”
ConformX, DocuTech’s flagship software, automates the generation of documents without sacrificing time or accuracy by pulling data directly from the LOS. The software automatically creates compliant mortgage docs and supports eDelivery, eSignature and paper-based fulfillment options, reducing operational costs and improving productivity.
“As the August deadline for integrated disclosure reform approaches, now is the time for lenders to make adjustments in order to prepare effectively,” said Scott K. Stucky, chief strategy officer of DocuTech. “ResMac is a prime example of a lender that took action to stay ahead of the regulatory curve while also improving their production efficiency.”
ResMac is a privately held national mortgage lender founded in 2008. ResMac’s mission is simply to be the best privately held mortgage company, through providing a positive customer experience by offering financing solutions that provide clients with the best possible advice and solutions to their mortgage financing needs. ResMac’s goal is to be the standard of excellence in the mortgage banking industry by maintaining its focus on the customer with a commitment to innovation, allowing ResMac to be a leader in the markets that they serve. ResMac recognizes their responsibility to carefully evaluate ability and needs of potential borrowers, and help meet housing goals through the most beneficial solution for its clients, while remaining in compliance with regulatory and investor guidelines.
About DocuTech Corp.
Since 1991, DocuTech Corp. has provided outstanding compliance services and documentation technology for the mortgage industry. DocuTech’s software interfaces with leading loan origination systems (LOS) and enables mortgage professionals to generate documents locally. DocuTech manages and secures all information needed for a loan, guaranteeing accuracy, security and compliance. For more information visit the company’s website at www.docutechcorp.com.