Docutech’s Solex® eClosing Solution Earns MISMO Certification
Certification confirms compliance of Solex® eClosing with data standards across mortgage technology systems
May 18, 2023, Idaho Falls, Idaho
Docutech, a First American company and a leading provider of document, eSign, eClose and print fulfillment technology, today announced its Solex® eClosing platform has achieved MISMO® eClosing certification, confirming that the platform and its policies and procedures have met or exceeded a comprehensive set of industry standards established by MISMO, the real estate finance industry’s standards organization. MISMO eClosing certification standards provide a common language for exchanging data and information among mortgage industry participants, helping encourage broader adoption of digital mortgage solutions. Docutech has also recently renewed MISMO’s remote online notarization (RON) certification, another certification within MISMO’s eMortgage Technology Certification Program.
“Docutech is committed to accelerating adoption of eClosing technologies and providing our clients with industry-leading eMortgage solutions,” said Emily Shapiro, president at Docutech. “Earning the MISMO eClosing certification for our Solex eClosing platform reaffirms our leadership of the digitization of mortgage processes as we help our clients provide their borrowers a simpler, more convenient experience.”
Docutech’s Solex eClosing solution enables lenders to digitize their closing process from the initial delivery of the closing document package through settlement and post-closing. The platform is integrated with ConformX®, Docutech’s dynamic document generation engine, making it easy to produce accurate, data-driven electronic documents, including eNotes. Documents are seamlessly delivered via Solex for the borrower to review, eSign, and remotely notarize to optimize and accelerate the title and settlement process.
Docutech, a First American company, provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution and perfection of mortgage documents. Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. For more information, visit the company's website at docutech.com or follow them on LinkedIn.
MISMO is the standards development body for the real estate finance industry. MISMO developed a common language for exchanging information for the mortgage finance industry. Today, MISMO standards are accepted and deployed by every type of entity involved in creating mortgages, and they are required by most regulators, housing agencies and the GSEs that participate in the industry. Use of MISMO’s standards has been found to lower per loan costs, improve margins, reduce errors and speed up the loan process by reducing manual, paper-based processes while creating cost savings for the consumer. For more information, visit mismo.org.