This month, DocuTech unveiled its new Collaboration Portal to help lenders and settlement agents improve the speed and efficiency of validating fees for disclosures and closing documents.
Built within DocuTech’s ConformX system, the collaboration portal is an online platform that enables lenders to automate the validation of fees with settlement and closing agents. Lenders using the portal will be able to finalize fees quicker and more accurately, simplifying the process of issuing the initial Closing Disclosure and ensuring compliance with the new Integrated Disclosures rule. The addition to ConformX ensures data accuracy, eliminating errors on disclosures and closing documents.