View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 28, 2005

Ocwen selects DocuTech to enhance mortgage origination process

West Palm Beach, Florida-based Ocwen, a financial services holding company, has selected document and compliance software from DocuTech, a provider of compliance services and documentation technology for the mortgage industry.

By CBR Staff Writer

According to the agreement, DocuTech’s compliance program will intend to provide Ocwen with tools to streamline its mortgage origination process and reduce liability for mortgage lenders.

The compliance technology will offer closing document services, disclosure services and predatory lending evaluations from within Ocwen’s RealTrans, a web-based service designed to automate and simplify ordering, tracking and fulfilling real estate products and services for mortgage lenders. The closing document services ordered through RealTrans is expected to enable lenders to review closing documents online, eliminating the need for third-party preparation and mailing of hard copies.

In addition, DocuTech said it will blend its ConformX, an online document platform enabling users to download and print documents or transfer loan data, its WebXpress service that allows users to meet government-mandated timelines for initial and closing disclosures, and its DTClassic software, which is designed to seamlessly interface with leading loan origination systems, with Ocwen’s RealTrans to provide a customizable document program.

DocuTech’s solutions enable Ocwen to offer its REALTrans customers a quicker and more efficient way of conducting business, said Ty Jenkins, CEO of DocuTech. Lenders will now have the ability to centralize all fulfillment processing, including the creation of documents for their retail, wholesale and correspondent divisions.

Content from our partners
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business
When it comes to AI, remember not every problem is a nail

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU