Recording Processor Reaps Benefits from Imaging.

Saint Paul, MN -- U.S. Recordings, a provider of mortgage recording solutions since 1967, said that its image-based document processing resulted in a substantial decrease in the handling of paper documents last year.

During the first two quarters of last year, 90% of U.S. Recordings document processing was accomplished from paper documents. But in the third quarter, U.S. Recordings initiated an image-based process enabling clients to submit electronic documents instead of traditional paper documents. This resulted in a 54% decrease in the amount of paper documents U.S. Recordings received for processing, the company said.

Jeff Carlson, CEO of U.S. Rec-ordings, said the growing trend toward imaging has tremendous benefits for the company's clients.

"By receiving electronic images from our clients, courier time is eliminated as well as associated costs. Electronic images also provide an efficient error-correction process," he said.

He said continued growth of image-based document processing is anticipated in 2005.

U.S. Recordings provides loan releases, satisfactions and assignments for residential and commercial lenders. The company's InteleDoc Plus software enables the e-recording of documents from lender to county, providing fast and virtually 100% accurate recording, the company said.

U.S. Recordings' Document Tracking System provides a data-link service for customers to check on the filing status of recording packages through a secured web site. Document imaging and storage provide customers with immediate and 24/7 access and retrieval. The company has 177 full-time employees.