Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has augmented its flagship doc prep platform idsDoc to include full eClosing capabilities through a new service called ClickToClose.
Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has augmented its flagship doc prep platform idsDoc to include full eClosing capabilities through a new service called ClickToClose. Using ClickToClose, IDS clients are now able to execute loans digitally as far as investor requirements and jurisdictional regulations allow. As part of this development, IDS is now providing the MISMO(R) V3 Tamper Evident SMART Doc(R) PDF eNote standard.
"With major investors like Wells Fargo now accepting eNotes and the growing adoption of electronic and remote online notarization, the barriers to full eMortgage adoption are falling rapidly," said IDS Vice President and General Manager Mark Mackey. "IDS's position has always been to be responsive to market changes and to be ready to deliver the solutions our clients need when the timing is right for them."
ClickToClose extends the experience idsDoc users and their clients experience with idsDoc's initial disclosure eSign functionality, ensuring a consistent experience throughout the transaction. Through ClickToClose, lenders can electronically deliver the closing package prior to closing, allowing borrowers to familiarize themselves with the documents before reaching the closing table. On the day of closing, the lender enables the final set of documents and eSigns their portion of the closing package. From there, ClickToClose sends the documents to the borrower to allow them to eSign any documents that do not require notarization. At the closing ceremony, transaction participants log on to the ClickToClose portal to finalize and complete the transaction.
"IDS customers are already intimately familiar with our eSign Room so it was important to us to ensure that the eSign Room user experience carried over to ClickToClose to make the transition as easy as possible," added IDS National Sales and Marketing Director Matthew Mackey. "There is no question that the mortgage transaction of the future is entirely digital, and ClickToClose represents an important next step in the digital evolution of both IDS and our clients."
About IDS, Inc.:
IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include eSignatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (https://info.idsdoc.com/)
Related link: https://info.idsdoc.com/
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