DocuTech and LendingQB Form Strategic Alliance by Send2Press


									PRESS RELEASE: DocuTech and LendingQB Form Strategic Alliance :: Tue, 23 Jul 201... Page 1 of 2

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   Banking and Finance News


   DocuTech and LendingQB Form Strategic Alliance
   Tue, 23 Jul 2013, 07:00:01 EDT

   COSTA MESA, Calif., and IDAHO FALLS, Idaho, July 23, 2013
   (SEND2PRESS NEWSWIRE) -- LendingQB, a provider of end-to-end
   loan origination software (LOS), and DocuTech, a leading provider of
   enterprise-class compliant document preparation software, have
   formed a partnership to integrate their platforms. LendingQB's browser
   -based LOS is now seamlessly integrated with DocuTech's ConformX
   system, enabling users to compliantly manage all aspects of document
   preparation directly from within LendingQB's LOS.

   "The new disclosure rules and other regulations make it critical that
   lenders have an LOS and document system that ensures dynamic,
   compliant documents for every loan," stated Scott K. Stucky, COO of
   DocuTech. "Our long-term strategic partnership with LendingQB allows
   us to deliver strong compliance and a great deal of value with an
   extremely tight integration."

   The new integration enables all tasks that would otherwise be performed within DocuTech's ConformX platform to be
   completed within LendingQB's LOS without having to leave the application. All loan data resides in LendingQB, thus
   eliminating the exchange of potentially inaccurate disclosures that can be out of compliance. The integration removes a
   cumbersome, time-consuming process to enter or reenter data in the document system, dramatically speeding up the
   processing of initial disclosures and closing documents. As a result, employees are freed up to focus on other tasks, which
   requires fewer resources and increases employee productivity.

   "Our integration with ConformX took a considerable amount of time and resources to complete such a seamless, bi-directional
   interface that is delivered on a software-as-a-service (SaaS) basis between our platforms," said David Colwell, vice president
   of corporate strategy at LendingQB. "Each of our solutions are sophisticated, enterprise-class applications that provide more
   value and compliance assurance than some of the older document preparation systems on the mortgage market."

   "Upon seeing the integration, there's a 'wow factor' that can't be described unless one sees the integrations in action. The
   commonalities that our organizations have made a strategic alliance an ideal fit to service mutual customers. We look forward
   to collaborating with DocuTech to board new clients," Colwell added.

   The new embedded interface in LendingQB's LOS is extolled by lenders to effectively and efficiently automate the entire
   application through a closing process that makes ordering, sending and receiving compliant mortgage documents simple and

   About LendingQB:

   LendingQB is a Costa Mesa, California-based company that specializes in loan origination technology solutions and services
   for the mortgage industry. The LendingQB LOS is a 100 percent Web-based, true end-to-end enterprise-class loan origination
   platform. The solution is designed to meet the needs of all types of mortgage lenders-large or small, wholesale or retail,
   correspondent or Internet-based-with specialized tools that are targeted, customizable and flexible. LendingQB uses a
   consultative technology assessment approach before engaging with new clients, and places a strong emphasis on the
   utilization of data analytics to assist lenders in leveraging business intelligence, resulting in optimized organizational
   performance and lowered cost per loan. For more information about LendingQB, please call 888-285-3912 or visit . 7/23/2013
PRESS RELEASE: DocuTech and LendingQB Form Strategic Alliance :: Tue, 23 Jul 201... Page 2 of 2

   About DocuTech Corp.:

   Since 1991, DocuTech Corp. (DocuTech) has provided outstanding compliance services and documentation technology for
   the mortgage industry. DocuTech's software interfaces with leading loan origination systems (LOS) and enables mortgage
   professionals to generate documents locally. DocuTech manages and secures all information needed for a loan, guaranteeing
   accuracy, security and compliance. For more information visit the company's website at .

   Joe Bowerbank
   Profundity Communications, Inc.
   for Lending QB


   Send2Press® is the originating wire service for this story.


   • Permanent shortlink to original copy of this release: .

   For more information about this news release, contact LendingQB directly through their Web site found in the above press release, and NOT

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