Acquired earlier this year by First American, Docutech has rebranded to First American Docutech, the company announced.
First American and Docutech said their combined offerings enable lenders and settlement agents to accelerate closings by digitizing and streamlining the creation, delivery, execution and perfection of mortgage documents.
“The brand transition to First American Docutech marks an important milestone in First American’s commitment to driving the digital transformation of the real estate settlement process,” First American Title Insurance Co. Executive Vice President Kevin Wall said in a release.
“It signifies our goal to deliver an end-to-end digital mortgage with particular emphasis on the closing process, which, in turn, improves the experience for all parties—consumers, lenders and settlement agents,” Wall added.
First American Docutech said it reflects the recognition of how important collaboration and process optimization between lenders and settlement providers is in moving the digital transformation of real estate transactions forward.
“We’re in a unique position as the first provider to create a collaborative eClosing technology solution for both the loan officer and the escrow officer,” Wall said. “We want to ensure that the digital collaboration between the two is simple and practical.
“We understand that optimizing efficiencies throughout the loan lifecycle and reducing origination costs can help make the dream of homeownership a reality for more Americans,” First American Docutech President Amy Brandt said. “While we are thrilled to bring together consumers, lenders and settlement agents through innovative digital technologies, we also recognize the challenges lenders face in their digital journey to optimize the entire loan lifecycle.
“As part of the holistic First American offering, we make it easier to close loans faster and digitize the entire process by offering the right solution at the right time,” she added. “First American Docutech provides solutions for each lender’s unique strategy from point-of-sale through post-closing.”