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Special Reports
In this section of BrokerUniverse we examine a subject of key importance
for mortgage originators every month, based on special reports that run in our sister publication, Origination News.
Document Services
Closing Loans More Easily
Everyone wants a closing to go more smoothly and document services providers,
who know this, work hard to deliver exactly that to their clients. Mortgage Banking Systems, Fiserv and Compliance
Systems, for example, provide technology that promises to make sure everything is in line with applicable laws.
Del Mar Database's automation, meanwhile, helps lenders manage loan files and Guardian Mortgage Documents is now
helping out with title and escrow services.
And the list goes on. No Red Tape, which uses Advectis' Blitz Docs software, stresses
the value of using imaging, while Exstream offers customization. Hyland and Bisys have teamed up to deliver documents
electronically.
Document services are popular, according to Del Mar Database president John Walsh.
In this Special Report he tallies the extent to which his company has been able to attract new customers in the
last couple of years. Such services also are important and a lot rides on them as a business strategy. Christine
Kirby, president of Mortgage Banking Systems, notes on one of the pages that follow that billions of dollars of
loans run through her company's system, and on another page, a Guardian Mortgage Services executive explains how
important document services can be in wholesalers' transactions with brokers and correspondents.
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