Online Documents, Inc. integrates ComplianceAnalyzer™ into all mortgage document solutions.
Concord, CA (Aug. 3, 2005) - Online Documents Inc. (Online), a leading mortgage document solution provider, and ComplianceEase, a division of LogicEase Solutions Inc. (ComplianceEase®), today announced a strategic alliance to integrate ComplianceEase's popular automated mortgage compliance system, ComplianceAnalyzerTM into Online's mortgage document solutions.
Clients using any of Online's standard or custom document solutions will be able to submit loans to ComplianceAnalyzer for a comprehensive mortgage compliance audit, prior to delivering loan documents to the closing agent.
"Helping our customers ensure mortgage compliance is something Online takes seriously," said Joan Ingham, president of Online. "Direct access across Online's connection to ComplianceAnalyzer will be of immediate value to our lending partners, simplifying an industry which already deals with so many federal, state and municipal anti-predatory and state licensing laws."
"Online Documents and ComplianceEase are both well known for dedication to using web-based services and technology solutions to effectively deliver compliant documents to the mortgage industry," said Dave Girling, executive vice president of ComplianceEase. "We are very pleased to have teamed with Online Documents to improve access to our intelligent mortgage compliance solutions."
Supported by a sophisticated and comprehensive legal rules library, ComplianceAnalyzer is tirelessly maintained by seasoned legal experts. The solution organizes results of mortgage compliance reviews with threshold and variance analysis, individual itemizations of points and fees tests, reasoning, calculations and citations of relevant legislation in one easy-to-read report.
About Online Documents, Inc. "A Solution for Every Lender"™
Established in 1988, Online Documents (www.onlinedocuments.com) provides compliant mortgage documents and related services to lenders, nationwide. Online offers web based and desktop installations (Online Express™ Web and Online Express™) for local lenders and more comprehensive enterprise solutions (Integration Manager) for regional and national lenders. Online delivers Initial Disclosures and Closing Document packages via the web and to local print destinations within minutes of an order, 24/7. Additionally, Online provides Print and Mail Services for Initial Disclosures from its central processing center and offers unique support to Attorneys who draw documents for lender clients through its advanced Document Review Manager technology.
Online Documents Inc. is a subsidiary of Stewart Mortgage Information (SMI) (http://smi.stewart.com). SMI is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE-STC), a technology driven, strategically competitive, real estate information and transaction management company providing title insurance and related information services through more than 7,800 policy-issuing offices and agencies in the United States and a number of international markets. Stewart delivers via e-commerce the services required for settlement by the real estate and mortgage industries. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at www.stewart.com.
ComplianceEase, a division of LogicEase Solutions Inc., is a premier provider of intelligent business solutions to the financial services industry, including ComplianceAnalyzer. ComplianceAnalyzer, the most advanced and popular automated mortgage compliance solution, enables lenders to more effectively and efficiently comply with federal, state and municipal lending laws at a fraction of the cost of traditional approaches. ComplianceEase, founded in 2000, is based in San Francisco, CA with offices in New York, Redmond, WA and Newport Beach, CA. www.ComplianceEase.com.