Dateline: Salt Lake City, Utah (SALT LAKE CITY, Utah) | Wed, 19 Mar 2014
freeNewsArticles Story Summary: “Mortgage document preparation vendor International Document Services, Inc. (IDS) and MortgageFlex Systems, an established technology provider of mortgage loan software, today announced the development of a joint ‘lights out’ interface between IDS’s flagship mortgage document preparation system idsDoc and MortgageFlex’s LoanQuest loan origination system.”
ARTICLE:
Mortgage document preparation vendor International Document Services, Inc. (IDS) and MortgageFlex Systems, an established technology provider of mortgage loan software, today announced the development of a joint “lights out” interface between IDS’s flagship mortgage document preparation system idsDoc and MortgageFlex’s LoanQuest loan origination system.
“With all the regulatory changes lenders have faced just in the past three months, simplicity is a lender’s best friend these days,” said Mark Mackey, executive vice president at IDS. “At IDS, we always strive to make life easier for our clients, and integrations like these allow lenders to access multiple best-in-class systems while streamlining the origination process.”
The interface between idsDoc and LoanQuest allows users to generate compliant mortgage documents in idsDoc without leaving the LoanQuest system. Also known as a blind interface, this allows LoanQuest to remain the database of record but gives users access to all the capabilities of idsDoc, such as the audit system and the E-Sign tool.
Audit details are displayed in LoanQuest, including explanations, links to regulations and cost test results. The interface also has the ability to create custom mappings according to the lender’s preference, as well as support all seven package types to generate docs. This integration allows users to conveniently include processing docs and verification forms in their packages. Borrowers also have access to idsDoc’s E-Sign functionality through LoanQuest, further simplifying the document signing process.
The interface is supported and backed by a consistent partnership between companies that share similar histories of a development culture.
“Both IDS and MortgageFlex share a similar culture of development, which makes partnerships like these work so smoothly,” said Craig Bechtle, executive vice president at MortgageFlex. “Compliance is at the top of our customers’ list of concerns, and the ability for our customers to access the sophisticated doc prep capabilities of idsDoc without leaving the LoanQuest system eliminates data transfer errors that could compromise compliance.”
About MortgageFlex Systems:
MortgageFlex Systems, Inc., Jacksonville, Fla., founded in 1980, provides innovative loan origination and servicing software solutions to the lending industry. Developed entirely in Microsoft .NET, the LoanQuest product platform supports evolving business processes as well as government compliance requirements with business rules, intuitive workflow, and an embedded product and pricing engine. For information about products and services, call 800-326-3539 or visit http://www.mortgageflex.com/ .
About IDS, Inc.:
IDS, founded in 1986 in Salt Lake City, Utah, is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, initial disclosures and fulfillment. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. The system is backed with compliance and document guarantees. IDS succeeds with unsurpassed customer service, sophisticated technology, and a diligent compliance team. Lenders looking to get more out of doc prep can visit the IDS website at http://www.idsdoc.com/ or call 800-554-1872.
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• Story Title: IDS, MortgageFlex Develop Blind Mortgage Doc Prep-LOS Integration
• REFERENCE KEYWORDS/TERMS: IDS Inc., Salt Lake City, Utah, MortgageFlex Systems, Banking and Finance, Business, Computing, SALT LAKE CITY, Utah.
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