|By Business Wire||
|June 3, 2014 11:35 AM EDT||
The listing recognized DocuTech’s Secured Automated Document Delivery via sFTP within its flagship software, ConformX®, which creates snapshots of every loan disclosure package as its generated; enabling lenders to better track and manage documents that require signatures while simultaneously improving accuracy.
"The customer service and regulatory compliance demands placed on mortgage lenders and servicers are greater than they've ever been before, and the industry relies on its technology vendors to help it meet these expectations," said Austin Kilgore, editor of Mortgage Technology magazine and managing editor of its sister publication, National Mortgage News. "The companies named to the 2014 Top 50 Service Providers list have proven themselves worthy of this complex and ongoing challenge."
According to Mortgage Technology, Top 50 Service Providers must have a proven track record of success in the industry and provide innovative technology to lenders and other industry participants. Providers named to the list are evaluated on four criteria: continued advancement of technology and services; viable revenue model and value proposition to customers; exceptional customer service; and unique impact on the mortgage industry.
“Compliance requires robust documentation, and a component of reducing costs associated with compliance is to decrease the time and resources spent on generating those documents,” said Scott K. Stucky, chief strategy officer of DocuTech. “Our recognition on this year’s 'Top 50 Service Providers' list is indicative to our continuous dedication to deliver innovative solutions that enable our customers to better meet business objectives and achieve compliance in the current regulatory environment.”
DocuTech’s ConformX enables lenders to customize packages to generate fully compliant documents and disclosures, reduce operational costs and improve productivity. The software automatically produces and delivers compliant mortgage documents from any Internet connection. The sFTP feature within ConformX supports eSignatures, enabling lenders to deliver and receive signed documents in a matter of minutes.
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.