First Community Mortgage Inc., a Murfreesboro, Tenn.-based retail, wholesale and correspondent lender, has enlisted Simplifile and its collaboration services to aid the company in meeting TILA-RESPA Integrated Disclosure (TRID) requirements.
‘Simplifile will help First Community Mortgage and our settlement agent partners quickly share fees and documents to meet closing disclosure and final documents timelines and requirements,’ says Kele Cuddy, mortgage closing manager at First Community Mortgage.
‘The Simplifile team is very knowledgeable, responsive and able to assist with every step to ensure we are setup and running smoothly,’ Cuddy adds.
Simplifile's suite of online services allows lenders and settlement agents to securely share, validate, audit, track, record and collaborate on loan documents, data and fees. Simplifile also enables lenders to share changes, updates, deficiencies and statuses with their settlement agents in one place to achieve a fully auditable, more transparent process.