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Firms Team Up For E-Business.(Rekon Technologies and U.S. Recordings)

Mortgage Servicing News

| July 01, 2006 | COPYRIGHT 2006 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

PASADENA, CA -- Rekon Technologies, a software provider for lien release and re-conveyance preparation, and U.S. Recordings, a St. Paul, Minn.-based provider of centralized mortgage recording solutions, have formed a technology partnership to add new counties for electronic recording of mortgage lien release and assignment documents.

This integration of U.S. Recordings' e-recording system with Rekon's loan servicing software provides mortgage loan servicers additional counties to which documents such as lien releases and assignments can be electronically submitted. With this integration, Rekon customers will be able to utilize the U.S. Recordings system to transmit documents to counties.

As more counties upgrade their systems, submitters expect seamless technology integration that provides one-stop solutions for document preparation in order to manage the fluctuating volume of loans, the companies said in a news release.

"Our partnership with U.S. Recordings will be welcomed news for our clients who, for the last three ...

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