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eVault
Support paper-based and eMortgage processes by securely storing, sharing, and
transferring imaged and electronic original collateral and servicing documents.
This service enables document storage and secondary market transfers to lenders,
investors, servicers, document custodians, and warehouse lenders via the web.
Executive Summary:
Streamline your post-closing, custody, and delivery processes by managing and storing documents and data in a secure, online managed solution or a deployable, networked repository
Save warehouse line funding costs and other overhead by delivering loan files faster to investors and servicers
Reduce shipping, delivery, storage, and manual paper handling costs by allowing instant online access to loan files across multiple locations and business partners
eVault In-depth:
This service is an easy way to get started with electronic mortgages while also
supporting paper-based loan files. The eVault can store imaged and electronic
original documents. Your loan files can transfer from eClosing or other
electronic signing platforms. eVault provides a robust audit trail to track
loan, servicing, and custodial transfers and provides access to loan portfolios
online. It streamlines loan production cycles and reduces costs for secondary
market partners.
Electronically signed documents are maintained in an authenticated state
throughout the document lifecycle in order to clearly recognize the electronic
original, thereby preserving the control, integrity, and accuracy of the eNote,
also known as the transferable record. The built-in integration with the MERS®
eRegistry provides compliance with industry requirements to track the current
owner and vault location.
Access to eVault is provided through a Web site that includes private-labeling
options and system-to-system integration, allowing flexibility and ease of
access for all business partners. Business is transacted in real-time with
seamless data migration between business processes and trading connections,
including support for electronic quality control checks.
Leverage existing third party relationships by delegating activities and access to document custodians and warehouse lenders.
Improve your document tracking and reporting with real-time document receipt and audit trails.
Reduce eMortgage implementation costs with built-in automatic updates to the MERS® eRegistry, intuitive workflow, and robust integration capability
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