IDS and Mortgagebot have a seamless all web-based interface with complete data-transfer, document flexibility and time saving features.
The Mortgagebot-IDS interface allows mortgage bankers and their closing agents to order initial disclosures and closing documents directly inside of Mortgagebot without ever exiting the system. The interface performs high-cost and all necessary compliance checks providing accurate and fully compliant documents.
Lenders use the interface to increase loan processing efficiencies and reduce compliance-related buy-back risks.
Through this combination of an end-to-end, all encompassing loan system and a leading document solution, IDS and Mortgagebot customers can use a single system of record to verify that the data on the documents match the data housed in the LOS, ensuring fully compliant documents at the closing table.