SigniaDocs Releases Innovative Mortgage Servicing Solution.Process and View Mortgage Documents in Electronic Format with Guaranteed Compliance HOUSTON -- SigniaDocs, Inc., a service provider of compliance technology and solutions for mortgage document preparation, announced the release of its fourth-generation document preparation system, Signet Direct. The product of more than three years of research and development, Signet Direct provides an innovative way to process all loan data at the origination Origination The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property. Notes: Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real stage, and then view, print and deliver documents in a digital format. The company assures reliability and offers guaranteed compliance. SigniaDocs' web-based, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. supported solution is built on the latest technology and incorporates industry-best practices for digital signatures, SMART docs and regulatory compliance. Signet Direct seamlessly integrates with other mortgage solutions, including Calyx calyx (kā`lĭks): see sepal. Point, Data Trak, Byte (BinarY TablE) The common unit of computer storage from desktop computer to mainframe. It is made up of eight binary digits (bits). A ninth bit may be used in the memory circuits as a parity bit for error checking. , Empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems and Emcompass, to automate the loan process from origination to closing. This significantly reduces input time and further promotes accuracy. By using SMART docs technology, clients can easily transfer data to an HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. format, making documents accessible on the Web. "We provide our clients with the latest technology to electronically process loan data as well as the ability to view and store the loan document," said Paul Anselmo, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , SigniaDocs. "Not only does this technology set us apart from our competitors, but our dedicated team of top legal professionals with more than 15 years of experience has catapulted SigniaDocs to a leader in the evolutionary shift toward truly electronic mortgages." In addition to a top legal team, SigniaDocs' maintains a detailed, up-to-date database that is consistently monitored for all legal and regulatory changes throughout the mortgage industry to further assure compliance. Established relationships with major mortgage investors nationwide guarantee all custom mortgage loan products are maintained and compliant at all times. Strategic partnerships with Brooks Systems and Encomia further enhance the quality of SigniaDocs' solution. Brooks System, a leading provider of compliance technology, allows SigniaDocs to provide a rapid, online response for Truth-In-Lending (TIL TIL tumor-infiltrating lymphocytes. ) calculations and High-Cost Loan Analysis. In order to provide clients the ability to generate, validate and reserve a Mortgage Identification Number (MIN Min (mĭn). 1 Chief river of Fujian prov., SE China, c.350 mi (560 km) long, rising in Wuyi shan and flowing SE to the South China Sea near Fuzhou; it receives several tributaries near Nanping. ) with the system, SigniaDocs uses MERS MERS Municipal Employees Retirement System (Michigan) MERS Mortgage Electronic Registration System MERS Microwave Earth Remote Sensing (Laboratory, Brigham Young University) MERS Mobile Emergency Response Support [R], an electronic loan registry created by the real estate finance industry to eliminate assignments when trading mortgage loans. MERS[R] receives all necessary data when SigniaDocs registers a loan, maximizing efficiency. SigniaDocs also established a partnership with Encomia, a leading provider of integrated solutions to electronically consolidate mortgage processes. Encomia technologically assists SigniaDocs to provide e-signature capabilities, allowing the end borrower to seamlessly view and sign the final processed loan in an electronic format. "With the Signet Direct solution, costs associated with manually processing loans are significantly reduced, saving up to $250 per loan," said Anselmo. "Lenders are able to process loans much quicker, and our communication platform between mortgage companies, buyers, title agencies, appraisers and surveyors increases the efficiency of loan closings." About SigniaDocs, Inc. Headquartered in Houston, SigniaDocs is a mortgage loan product company that specializes in the area of document preparation with guaranteed compliance, as well as the capabilities to store and sell the loan in the secondary mortgage market. SigniaDocs' senior consultants possess decades of experience within the mortgage industry, and a team of attorneys is dedicated to ensuring compliance for all of the company's products. The company's premier product, Signet Direct, is a full-MISMO compliant electronic document preparation system that merges the industry's best practices using SMART docs and digital signatures with guaranteed compliance to seamlessly integrate with other mortgage solutions and automate the loan process from origination to closing and beyond, including electronic vault vault, ceiling over a room, formed in any one of a variety of curved shapes. Nature of Vaults A vault is generally composed of separate units of material, such as bricks, tiles, or blocks of stone, so shaped or cut that when assembled they form a and secondary market delivery. For more information, contact SigniaDocs at or www.signiadocs.com. |
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