|
Special Reports
Electronic Documents
LSSI Draws on New Technologies to Enhance Doc Prep
A secure Web-based application.
By Anthony Garritano
In order to make document creation more flexible, Lender Support Systems Inc.
has embraced the latest technologies with the release of its new Docs3D product.
At the recent Mortgage Bankers Association's 93rd Annual Convention & Expo in Chicago, LSSI launched Docs3D
as the company's next-generation loan document creation software. Developed with the latest technology of ASP,
.NET, C# and SQL, Docs3D creates compliant loan documents quickly through a secure, Web-based application.
Docs3D, which touts that it is an e-mortgage-enabled solution, helps streamline the loan closing process for mortgage
lenders through a tool that performs accurate APR, payment, impound analysis and high-cost calculations. Seamless
data import capabilities allow the application to work behind the loan origination system for complete automation,
only presenting applicable screens for more efficient document management.
Docs3D utilizes standards for all required formats, including MISMO and offers required disclosures for all 50
states. Automatic data validation streamlines the process for consistently accurate documents. For the protection
of the borrower, the software is built with 128-bit encryption and real-time updates to cater to the changes within
the industry. "Docs3D was designed to position LSSI and our customers to be e-mortgage enabled, which includes
SMART Documents and intelligent PDFs," said Cary Burch, president and CEO of LSSI in a prepared statement.
"We developed Docs3D to provide lenders with a fully compliant, fast and
accurate document preparation solution that seamlessly interfaces with virtually all existing LOS systems. LSSI
strives to deliver a low-cost, high-quality alternative to other document preparation providers that results in
increased profits per loan."
|
