Flagstar, BeesPath Empower Closing Agents

Flagstar Bank, Troy, Mich., has announced the integration of its Digital Document Transfer platform with BeesPath Inc.'s RecordsDirect to create what it calls the first system to extend image delivery services to closing agents in the mortgage industry.The two products work together to provide "virtually immediate delivery and processing" of closed loan documents and to enable closing agents to share the benefits enjoyed by lenders and investors, Flagstar said. "Today, unsigned loan documents are being delivered electronically to closing agent before a loan closes," said Todd Hougaard, president of Richmond, Utah-based BeesPath. "This integration allows signed documents to be delivered electronically post-closing." The companies can be found on the Web at http://www.flagstar.com and http://www.beespath.com.