End-to-end loan origination software (LOS) provider LendingQB and document preparation software provider DocuTech have integrated their platforms.
With LendingQB's browser-based LOS integrated with DocuTech's ConformX system, users can now compliantly manage all aspects of document preparation directly from within LendingQB's LOS, without having to migrate away from the platform.
‘The new disclosure rules and other regulations make it critical that lenders have an LOS and document system that ensures dynamic, compliant documents for every loan,’ said Scott K. Stucky, chief operating officer of DocuTech, in a release.
Through this integration, users no longer need to enter or re-enter data in the document system, dramatically speeding up processing of initial disclosures and closing documents. What's more, the integration helps ensure accurate exchange of data between the two systems, which in turn helps ensure proper compliance.
