In response to customer demand, Capsilon, a provider of comprehensive cloud-based document and data management solutions for mortgage lenders and investors, has added Cenlar FSB, Deutsche Bank and PennyMac to its DocVelocity network delivery solution.
The system ensures accurate delivery of loan documents to lenders through a number of quality control features that provide enhanced selection, mapping, translation and tracking.
With the addition of these three institutions, Capsilon DocVelocity users can now deliver a single loan, or group of loan packages in a batch delivery, to 10 flagship institutions.
‘Lenders doing business with Cenlar FSB, Deutsche Bank and PennyMac are now able to use the Capsilon DocVelocity network delivery capability to securely expedite the delivery of high-quality loan packages that meet all formatting and transmission requirements of these leading institutions,’ says Sanjeev Malaney, CEO at Capsilon, in a release.
Cenlar FSB is the first full-service loan servicer in Capsilon's network, the company reports.