High Efficiency Docs.(Brief article)

In the age of technology, document servicing has already been simplified significantly. However, new e-document options are a convenience and a challenge at the same time, as both servicers and mortgage technology providers look for better, more cost-effective options.

Encomia of New York is one example of a firm that sees benefits in adopting e-mortgage technology to document custody services as a way to ensure cost and time efficiency, especially when it comes to comparing data. Experts say e-mortgages are changing the way document custodians operate, but will not get them out of the game.

Firms such as First American Real Estate Solutions of Santa Ana, Calif., adapt to growing market demand for bundled services delivered in packages customized to fit specific lender needs. One example of clients using First American's "document tracking and recovery" service option is Nationstar Mortgage of Dallas, which specializes in nonprime mortgages and ...