Document Processing Systems, San Francisco, recently released the eDisclosures module of DPS eMortgage Studio, not the eMortgage Studio system itself, as MortgageWire incorrectly reported.The new module enables lenders and brokers to electronically deliver secure good-faith estimates and truth-in-lending documents, among others, that can be digitally signed, printed, and securely downloaded by the borrower, DPS said. It is the fourth component in eMortgage Studio, which can execute digitally signed, electronically MERS-registered loans. "With this expansion of the DPS eMortgage Studio, originators of all sizes can finally set enterprise-level standards for disclosure delivery and tracking," said DPS president Paul Rakowicz. "Now originators can assure legal compliance while also providing a simple-to-use method for delivering and tracking disclosures both online and via call centers." The company can be found online at http://www.documentprocessing.com.
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