Mortgage document preparation vendor International Document Services, Inc. (IDS) recently entered into a preferred partnership agreement with Mortgage Builder, which provides award-winning mortgage loan origination and servicing software systems, according to a press release.
As part of the agreement, IDS and Mortgage Builder have begun developing a fresh integration between idsDoc and Mortgage Builder’s LOS platform to ensure superior system-to-system connectivity and seamless data transfer using the MISMO Version 3.4 data standard.
“The integration between idsDoc and our clients’ LOS platforms has always been of the utmost priority to IDS, and the renewed agreement with a premier LOS provider like Mortgage Builder reinforces this commitment,” IDS Vice President and General Manager Mark Mackey said in the release. “We welcome the opportunity to expand our relationship with Mortgage Builder and enhance the experience our mutual clients receive when using our respective systems in concert.”
End-to-end lending solutions from Mortgage Builder are designed to manage the complete lending cycle — from loan origination through servicing — for mortgage lenders and banks.
Mortgage Builder supports a diverse array of loan products through its comprehensive loan origination system and single-platform loan servicing technology with integrated default capabilities. Mortgage Builder solutions are available as hosted services and offer various outsourced services to ensure an optimal lending experience.
IDS’s flagship document preparation platform idsDoc gives lenders the control to create initial disclosures and closing documents to fit their individual preferences and needs and includes numerous customizations, compliance audits and tools — including eSign capabilities and functionality to enable both hybrid and complete eClosings — to make the doc prep process more efficient.
The company stated that the enhanced interface will allow lenders to achieve greater efficiency while protecting the integrity of the origination process by generating all general loan documents using direct-source data from the Mortgage Builder platform. Additionally, Mortgage Builder users also will be able to complete all relevant state- and investor-specific information using corresponding fields within idsDoc. The more than 1,500 rules, warnings and edit checks available through this integration will also ensure all documents are as compliant as possible, while the embedded eSign functionality from IDS will enable efficient initial disclosure and closing processes.
“IDS’s reputation for delivering compliant, highly customizable mortgage documents is second to none, which is why we are thrilled to have IDS as part of the Mortgage Builder ecosystem,” Mortgage Builder General Manager Stephen Ryczek said in the release. “As the document preparation vendor of choice for Mortgage Builder, we look forward to working with the IDS team to create a seamless, unified user experience for our mutual clients to increase the efficiency of the closing process.”