Expedite streamlines loan document and signature management, enhancing collaboration and reducing costs for lenders and settlement providers.
Vendor
ICE Mortgage Technology
Company Website
Expedite, offered by ICE, is a suite of integrated, web-based document and closing fulfillment services designed to meet the demands of today's consumer-focused environment. It provides lenders and settlement service providers with a secure and streamlined solution to support compliance efforts, reduce costs and risks, and enhance the consumer experience. Expedite helps lenders, settlement agents, and title underwriters simplify collaboration and improve turnaround times by enabling clients and document senders to manage both loan documents and borrower signatures digitally. This powerful suite of on-demand services accelerates business processes and maximizes opportunities. Key features include electronic signatures for easy and compliant document signing, a secure web interface for efficient communication, electronic and paper delivery options to meet industry timelines, and audit capabilities to streamline manual processes. Expedite Close offers an advanced digital closing solution for seamless online transactions. The platform also facilitates collaboration among settlement service providers, creating efficiencies and transparency in the closing process.
Features:
- Electronic signature: Expedite Portal’s electronic signature component makes it easy for borrowers to electronically sign documents and quickly return them to the sender, while helping to maintain compliance with the Electronic Signatures in Global and National Commerce (ESIGN) Act and the Uniform Electronic Transactions ACT (UETA).
- Web interface: Expedite Portal’s is a secure location for borrowers to access, review and exchange data and loan documents both online and via mobile. It provides a single place for efficient, bi-directional communication between the sender and borrower during the document review process.
- Electronic and paper delivery: Delivering loan documents to borrowers and other parties while supporting compliance with industry-mandated timeline requirements. Document packages can be delivered quickly - electronically or by paper through a third-party service when required.
- Audit: Provides a systematic review on sets of documents against specified lender, loan and/or investor guidelines, helping to streamline and automate many manual processes that take place during the closing and post-closing process.
- Settlement service provider collaboration: A settlement service provider network that allows lenders, settlement agents and title underwriters the ability to connect and collaborate through a single, online platform to create more efficiencies and transparency in the closing process.