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January 11, 2008
Flagstar Bank Launches DocVelocity
Flagstar Bancorp Inc. has introduced DocVelocity, an online end-to-end paperless office solution for mortgage originators. DocVelocity is the flagship product of Paperless Office Solutions Inc., a wholly owned subsidiary of Flagstar Bancorp.
With the product, mortgage originators can upload, scan, e-mail or fax their documents into the DocVelocity system, where they are automatically imaged, organized and stored digitally, the company says. DocVelocity then creates a secure electronic file that everyone in the loan process can access, anytime. In addition, borrowers can enter their own documents into the system on a secure, one-way basis.
Posted by S. Germain at January 11, 2008 08:30 AM