The DPS eMortgage Studio®

Your Second Home on the Web
Most companies believe that to facilitate fully paperless mortgages, they’ll need to provide an alternate web presence in order for their clients and partners to execute loans. DPS provides this “Second Home on the Web”, through its DPS eMortgage Studio®, an open, yet secure, web-based collaborative work environment that serves as the central meeting place for all your electronic mortgage operation needs. While geared toward helping lenders and title companies work together to electronically close loans, the DPS eMortgage Studio® allows all participants in the value chain (lenders, title agents, closing agents, borrowers, sellers, attorneys, investors, servicers, custodians, registrars) to use this “Second Home on the Web” in order to collaborate on the execution of an eMortgage loan. The DPS eMortgage Studio® is fully outsourced, standards-based and custom brand-able, so adding it to your current process or website operation is simple, seamless, and cost-effective.

This truly paperless environment provides universal, yet controlled, web-based access to all the documents required to successfully and accurately close a loan. The DPS eMortgage Studio® puts the “SMART” document package at center stage for all loan processing and closing, and defines an entirely new, efficient and effective manner by which to originate, process, and close a loan. Working with fully electronic packages and closing all loans using digital signatures provides an incredible enhancement to Quality Control-all loans are executed properly and without error, saving lenders and title companies thousands of dollars in re-work and holding costs. And most importantly, these savings are realized regardless of your current ability to process eNotes or your County’s ability to electronically record.

The DPS eMortgage Studio® is even more than your fully paperless, virtual office. The DPS eMortgage Studio® is fully interconnected to the MERS eRegistry to facilitate immediate post-closing eNote registration and can be fully connected to your existing processing systems for easy data interchange and auditing. The DPS eMortgage Studio® also provides document distribution facilities which allow authorized users to securely access and download their own electronic copies of required documents.

For long-term access, this eMortgage Repository is connected to a DPS eVault storage facility that allows electronic sharing of documents in perpetuity, allowing documents to last and be shared with value chain participants throughout the life of the loan.

Professional Services

Custom Document Creation
In addition to providing thousands of standard documents required by both lenders and regulators alike, we also can provide custom documents to meet almost any requirement. From custom agreements to full loan packages, DPS can provide custom documents to meet your needs including HELOCs, Construction, and Construction Perm loans. DPS’ in-house staff of legal and compliance professionals prides itself in producing the most complete, accurate, and timely documents and we stand behind every document we author.

Compliance Consulting
DPS’ team of regulatory and compliance professionals actively monitors and studies the existing regulatory and lending trends to be able to provide the most accurate and extensive professional consulting services available. Supported by our in-depth knowledge of the industry and our tremendous breadth, DPS’ consultants can provide insight and definitive answers to concerns involving loan-specific calculations and characteristics as well as regulatory impact and expected outcomes.

EMDM Technology Implementation
DPS is committed to becoming a technology partner to our EMDM clients. We’ll work together to architect and install the industry’s leading eMortgage Document Management System, the DPS eMortgage Studio®, in a manner that simply and seamlessly integrates with your existing technology infrastructure and business processes. Our commitment to our relationships extends well beyond implementation dates. The DPS eMortgage Studio® is incredibly simple to implement and operate. DPS consultants remain available to provide ongoing technical support and training services to assure that our business relationship is enhanced every step of the way.

Third-Party Software Programming
DPS recognizes that many organizations have complex proprietary systems in place that often are extremely sensitive or difficult to enhance. Our team of technology experts has the experience, knowledge and technical know-how to upgrade complex applications, provide middleware/communications interfaces to facilitate integration, and the application programming skills to make the seemingly daunting task of systems integration and next generation implementations seem like everyday occurrences---because for DPS, they are!