DocuTech Corp., a provider of compliance services and documentation technology for the mortgage industry, today announced a partnership with Advantage Credit, a company that provides credit reporting and loan transaction services, to better guard against fraud.

The alliance between DocuTech’s ConformX and Advantage Credit’s LoanShield products provides DocuTech customers with an added layer of security when closing mortgage documents, according to the announcement. LoanShield is embedded into ConformX, a Web-based tool that accelerates the closing process through document management, which gives customers the option to use LoanShield while running their closing documents.

“This alliance can potentially save ConformX customers millions of dollars that could be lost to fraud,” said Ron Litt, president of Advantage Credit, in a statement. “LoanShield pinpoints fraud among borrowers, properties and even insiders. Having LoanShield rooted within ConformX provides (a) … fraud-control solution that cuts losses and keeps loans profitable.”

LoanShield inspects loan files against a wide array of data sources, searching for fraudulent activity such as price inflation, equity skimming, identity theft, straw buying, property flips, broker fraud, appraiser fraud and employment misrepresentation.

Ty Jenkins, founder and CEO of DocuTech Corp., said in a statement, “LoanShield enables our ConformX customers to be proactive and avert fraud before running closing mortgage documents.”

Founded in 1991, Advantage Credit International is a wholly owned subsidiary of The Adaugeo Group. The company provides credit reports and related services to about 20,000 mortgage brokers and other customers through Advantage Online.

DocuTech Corp. has provided compliance services and documentation technology for the mortgage industry since 1991. The company offers an all-in-one fulfillment center, DocXcel, which assists companies in increasing the number of compliant initial disclosures, printed and mailed, to prospective borrowers within government-mandated deadlines.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Keep up-to-date on tools and tactics to impress your clients and outshine your competition with the 2022 virtual bundle.Register Now×
Agent Appreciation Sale: Inman Select for only $85.CLAIM OFFER×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription