Boca Raton, Fla.-based ResMac has selected DocuTech Corp.'s ConformX to automate and enhance mortgage document compliance, adhering to 2015's integrated disclosure reform.
The lender selected ConformX for its ability to originate compliant loan documents and disclosures while efficiently integrating with the lender's proprietary Web-based loan origination software (LOS).
‘Using ConformX provides peace of mind knowing that our documents and disclosures are in full compliance with the [Consumer Financial Protection Bureau's (CFPB)] regulatory standards,’ says Nelson Haws, president and CEO of ResMac. ‘DocuTech also was able to fully integrate into our LOS.’
ConformX, DocuTech's flagship software, automates the generation of documents without sacrificing time or accuracy by pulling data directly from the LOS. The software automatically creates compliant mortgage docs and supports eDelivery, eSignature and paper-based fulfillment options, reducing operational costs and improving productivity.
