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SwiftView Adds Document Technology.

Mortgage Servicing News

| September 01, 2004 | COPYRIGHT 2004 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Portland, OR- SwiftView here has made a name for itself in the mortgage technology industry as an electronic document delivery company with its SwiftSend product and now will expand its reach by adding two new products, eDisclosures and eLoanFolder, to its arsenal.

"eDisclosures is a paperless process for delivering disclosure sets and applications to borrowers," said Steve Bachelder, president of SwiftView. "This product takes our document delivery expertise to the next level by offering enhanced reporting and archiving."

Specifically, eDisclosures offers online access to the disclosures for a 95-day period. Six-month online availability is available for an additional fee. Beyond that period SwiftView will send the lender all disclosures on a DVD that can be used to cut down on storage space and organize the disclosures for easy look up if needed.

SwiftView said that the product can be implemented in 30 minutes or less. In total, eDisclosures contains 20 settings that can be customized through a phone conversation with a SwiftView representative.

"This system will give the lender the ability to organize and separate both used and unused disclosures from the rest of the loan file," said Mr. Bachelder. "Because of legal reasons, lenders have to keep both used ...

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Source: HighBeam Research, SwiftView Adds Document Technology.

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