Putting All App Docs on the Web

An offering that includes all the products and services to enable presentation of mortgage application documents for review, acceptance, and approval over the Web was among the flurry of announcements Silanis made at the MBA tech show in Phoenix.The eDisclosure offering, which was built on Silanis' ApproveIt Web server, was designed to present electronic disclosures to borrowers for immediate review, acceptance and approval, and can eliminate five to seven days from the mortgage origination process, according to Silanis. The company also released its eMortgage Impact Study at the conference. The study, an industry-specific service designed to help lenders determine the value associated with eMortgage initiatives, discusses compliance issues involved in the automation of the mortgage origination process, offers tips on an optimal implementation strategy, and details cost savings and performance improvements.