Industry News

New paperless mortgage technology hits the streets

A la mode launches SureDocs

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Real estate technology company a la mode has launched new paperless mortgage technology for loan originators, according to an announcement today. A la mode's SureDocs creates a PDF digital file from any desktop application a user can print – including their loan origination system, word processing or spreadsheet software. The digital documents are easily stored, retrieved and manipulated. Loan officers and mortgage brokers manage electronic copies of virtually every paper record in a mortgage deal as simply as printing on paper, the company said. Through a la mode's partnership with Wave Systems, SureDocs includes e-signature technology, allowing small businesses to obtain and manage electronically signed documents the way only the largest lenders could previously, a la mode said. Documents to be e-signed are sent and received securely, in compliance with Gramm-Leach-Bliley. SureDocs soon will also support the MISMO SmartDoc format, said Brad Eaton, vice president of mortgage ...