First American Docutech Doubles Capacity for Loan Document Fulfillment with New Print and Mail Facility
First American Docutech has launched a third print and mail facility in Irving, Texas, doubling its production capacity for loan document fulfillment.
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“While tremendous progress has been made in the pursuit of paperless loan processes, the ability to support the increasing printing and mailing documents needs of lenders is critical,” said
The opening of Docutech’s third fulfilment center supports ongoing growth in demand for its print services, which has increased
The state and federal laws that make electronic loan closings possible include protections for consumers who do not wish to use an electronic signing process. If consumers do not choose the digital option, printed loan documents must be provided at least three business days before the scheduled closing to avoid liability under the Dodd-Frank Act’s mortgage disclosure rules.
First American Docutech provides lenders flexibility and security with always ready print fulfilment centers, loan document origination system data pushback, and detailed compliance reporting. The new fulfillment center provides lenders with added peace of mind through redundant print and mail services for business continuity, reducing compliance risk and providing safeguards against potential service disruptions at individual facilities.
About First American Docutech
First American Docutech 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. First American 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 www.firstam.com/docutech or follow them on social media at LinkedIn or Twitter @Docutech.
About First American
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Source: First American Docutech