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Designed exclusively for the mortgage industry, BlitzDocs® Collaboration
Suite, converts the paper-intensive processes associated
with mortgage origination, underwriting, post-closing and investor delivery to a paperless
electronic process.®
The first step is for the BlitzDocs originator to submit documents by uploading them into the system with an ordinary fax machine, scanner
or Web browser. These documents are saved in a collaborative electronic loan folder™ ("e-folder") that mirrors the traditional paper
folder of submission package and closed loan package. Then, BlitzDocs users organize, deliver, underwrite, audit, archive and share
submission packages and closed loan documents using the e-folder.
Using a web browser, originators, lenders, investors and other authorized
parties are able to securely view the electronic loan folder including
mortgage documents and underwriting status in real-time. More importantly,
they can easily collaborate to speed up the
loan processing cycle and improve service. Lenders immediately benefit
from reduced costs and better visibility into current status.
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