Adeptive announced the Simplifile Collaboration service for lenders and settlement agents now is integrated with Adeptive’s ResWare title production platform.
Simplifile is a provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties. Simplifile Collaboration allows users of ResWare to share, receive and validate documents and data with their network of lenders without ever leaving the ResWare system. Collaboration’s secure, electronic workspace provides visibility into lender processes and a secure platform for collaboration on fee data, documents, and transaction details.
“Collaboration makes it easy for settlement agents and lenders to work together on critical loan documents, removes the risks associated with manual data entry, and automatically creates an audit-ready compliance trail,” Simplifile President Paul Clifford said in a press release. “Meaningful collaboration on the Loan Estimate and Closing Disclosure is essential to originating compliant loans, but it shouldn’t have to be a difficult or time-consuming process.”
Settlement agents from Portland, Ore.-based WFG National Title Insurance Company (WFG) were among the first to test-drive the new ResWare feature.
“The integration of ResWare with Simplifile Collaboration is a tremendous benefit to settlement agents and a great companion to our existing integration with Simplifile’s eRecording service,” said Gorkem Kuterdem, chief technology officer for WFG. “Now, ResWare users can receive and compare lenders’ Closing Disclosures to their own, make any necessary changes, and return updated disclosures alongside other documents and comments — all within their own processing environment and all without rekeying information. We’re delighted to have been a pilot user for the integration, and we look forward to implementing this new tool with our lender customers.”