Paper Fulfillment Made Easy With Disclosure Manager™
There may be times when paper disclosures are necessary—perhaps, a borrower doesn’t access the e-disclosure within the specified time frame or opts out of (rejects) the electronic process. Disclosure Manager™ ensures that the 72-hour Real Estate Settlement Procedures Act (RESPA) mandatory requirement is met with its backup paper fulfillment process. All through the process, Disclosure Manager gathers information on the location and status of the document package. When an event, such as an opt out of the e-disclosure process or the package times out, Disclosure Manager will send the initial disclosures to our SAS-70-certified print/mail fulfillment center. Here the package is printed and mailed first class to the borrower well within the 72-hour RESPA requirement. And, if you need to bypass e-disclosures altogether, Disclosure Manager supports a direct to paper process. Whatever your situation is, proof of the mailed package is automatically returned to the lender’s loan origination system for RESPA compliance and reporting. When you need the flexibility to print and mail paper disclosures, Disclosure Manager makes it easy! |
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