Mortgage applications may have hit a slowdown, but putting efficiency and speed into the process is still a priority for lenders and originators. To that end, Del Mar DataTrac has integrated an automated compliance disclosure and closing system from DocuTech into its loan management system.
Del Mar, a mortgage banking software provider to small and medium-sized lenders and brokers, says the embedded ConformX interface will remove middle-tier software that many institutions employ to address incongruent fields and systems that often require manual data entry and other importing techniques to overcome. It also maintains data integrity throughout the closing process to prevent errors or omissions, and works with both paper-based and electronic documents.
DocuTech is a widely used compliance and document generation service.