Data-Vision Releases DisclosureDocs

Data-Vision Inc., Mishawaka, Ind., has announced the release of DisclosureDocs, an online system that allows mortgage originators to deliver loan applications and initial disclosure documents electronically.The secure documents can then be digitally signed by the consumer and returned within minutes. When a consumer signs the documents, the lender is notified by e-mail. Data-Vision said it will make the documents available to the homeowner on demand for a period of 90 days. Records can also be stored on the system and made available to the consumer for 27 months at the option of the lending institution. Part of Data-Vision's RemoteDocs service, DisclosureDocs will be rolled out to the company's clients later this year and to all others in early 2004. Data-Vision can be found on the Internet at http://www.disclosuredocs.com.