RamQuest, Inc. has integrated DocMagic’s SmartCLOSE closing collaboration portal into its digital network, both companies announced.
The integration will enable RamQuest title companies to collaborate on fees with lenders and also lets them choose when to synchronize the Uniform Closing Dataset (UCD) data between SmartClose and their RamQuest title production solution.
“Access to SmartCLOSE will be beneficial for our customers,” RamQuest Chief Strategy Officer Ben Cork said in a release. “This collaboration portal will not only save them time but also increase their visibility into lender documents which will help them make better business decisions.”
SmartCLOSE’s collaboration portal supports all documents and data, including the full mandate of the UCD requirement.
“With SmartCLOSE, RamQuest customers can connect to lender LOS systems,” DocMagic Director of Services Tim Anderson said. “The SmartCLOSE portal makes it easy for RamQuest settlement agents to collaborate with lenders, exchanging documents and data in real-time … but it doesn’t stop there. Our auditing engine continuously analyzes and compares any changes in values to ensure compliance of the data.”