First American Docutech Integrates with MortgageHippo to Power Mortgage Disclosure eSignatures

Rhea-AI Summary

First American Docutech has integrated its Solex eSignature solution with MortgageHippo’s digital mortgage platform, enabling lenders to streamline the eSigning of mortgage disclosures. This collaboration enhances convenience for borrowers and lenders by offering secure access and a faster, more cost-effective process for document handling. First American Docutech aims to digitize and expedite lending workflows, while MortgageHippo’s no-code platform provides a highly configurable user experience. This integration is expected to increase eSignature adoption, reducing costs associated with mailing printed disclosures.

Positive

• Integration of Solex eSignature with MortgageHippo enhances user convenience and security.
• Streamlined eSigning process may lead to increased eSignature adoption.
• Collaboration provides a faster and cost-effective way to handle mortgage disclosures.

Negative

• None.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- First American Docutech^®, the leading provider of document, eSign, eClose and print fulfillment technology, and a member of the First American family of companies, has integrated its Solex^® eSignature solution with MortgageHippo’s digital mortgage platform. Now, lenders can enable their borrowers to eSign mortgage disclosures via a single sign-on experience by using MortgageHippo, a consumer-centric no-code/low-code digital lending platform, and First American Docutech.

Borrowers and lenders will appreciate the convenience of the simplified systems and secure access to disclosures and eSignature functionality available through the MortgageHippo platform. The flexibility of MortgageHippo’s no-code/low-code platform and the seamless integration of First American Docutech’s digital document workflow provides users with a more secure, faster, and cost-effective process for delivering and eSigning mortgage disclosures.

“Our mission at First American Docutech is to digitize and accelerate as much of the lending workflow as possible,” said Emily Shapiro, COO of First American Docutech. “Our integration with MortgageHippo not only makes the disclosure process faster and easier, but also compliant and secure.”

MortgageHippo’s newly released platform provides a comprehensive suite of web- and mobile-ready products that is highly configurable without the need to write new code and delivers an intuitive experience for both borrowers and lenders. The integration of First American Docutech’s Solex eSignature platform provides borrowers with a comprehensive solution to generate, deliver and fulfill mortgage disclosures.

“Lenders must deliver a smooth digital experience to remain competitive, and a seamless workflow between application, underwriting and eSigning of the loan documents is critical to meeting those expectations,” said Valentin Saportas, CEO at MortgageHippo. “First American Docutech will provide our lenders with convenient and secure loan document eSignature services that can increase eSignature adoption and avoid the extra cost and delay of mailing printed disclosures.”

About First American Docutech

First American Docutech provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution and perfection of mortgage documents. First American Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. For more information, visit the company's website at https://docutech.com/ or follow them on social media at LinkedIn or Twitter @Docutech.

About First American

First American Financial Corporation (NYSE: FAF) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. First American also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $7.1 billion in 2020, the company offers its products and services directly and through its agents through the United States and abroad. In 2021, First American was named to the Fortune 100 Best Companies to Work For^® list for the sixth consecutive year. More information about the company can be found at www.firstam.com.

About MortgageHippo

MortgageHippo is a leading, consumer-centric digital lending platform processing thousands of loan applications totaling billions of dollars every month. The platform is used by hundreds of lenders ranging from IMBs to banks and credit unions. The company’s platform is the only modern, point-of-sale solution available in the market that enables lenders to very quickly and cost-effectively customize workflows, business rules, UI, data flows between systems and many other aspects of the platform through its easy-to-use, no-code/low-code editors. To learn more, please visit https://www.mortgagehippo.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210831005327/en/

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

(714) 250-3298

 

Source: First American Financial Corporation

FAQ

What is the partnership between First American Docutech and MortgageHippo about?

First American Docutech has integrated its Solex eSignature solution with MortgageHippo’s digital mortgage platform to simplify the eSigning process for mortgage disclosures.

How does the integration of Solex and MortgageHippo benefit lenders?

The integration allows lenders to offer borrowers a seamless, secure, and faster eSigning experience, enhancing compliance and reducing costs associated with mailing printed documents.

What is the significance of the Solex eSignature solution?

Solex eSignature provides a robust framework for securely eSigning mortgage disclosures, thereby streamlining the lending workflow.

How does MortgageHippo support lenders in the digital mortgage space?

MortgageHippo offers a no-code/low-code platform that enables lenders to customize workflows and improve the user experience during the loan application process.

What are First American Docutech’s goals with this integration?

First American Docutech aims to digitize and accelerate lending workflows, making the disclosure process faster, easier, compliant, and secure.