Author Archives: International Document Services, Inc.

IDS Adds Hybrid eClosing Capabilities to Its Mortgage Doc Prep Platform

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that its clients now have the capabilities to conduct hybrid electronic mortgage closings through its flagship mortgage document preparation platform, idsDoc. Hybrid eClosings allow for faster, more seamless mortgage real estate closing transactions, which can help lenders meet the Consumer Financial Protection Bureau's (CFPB) "Know Before You Owe" mandate to improve the borrower experience for consumers.

"IDS's philosophy has always been to provide solutions that help our clients meet the challenges they face today while planning for the challenges they could face tomorrow," said IDS Vice President and General Manager Mark Mackey. "Now that investors are starting to accept hybrid eClosings, we felt the timing was finally right to add that capability to idsDoc so that our clients are able to keep pace with industry acceptance of electronic processes along the eMortgage continuum."

Through this new functionality, lenders will be able to have borrowers electronically sign and execute the majority of closing documents through the idsDoc eSign room. The promissory note and any documents requiring notarization will still need to be wet-signed, though IDS plans to add eNotarization and remote notarization capabilities as those processes become legal in more states.

"Even though 21 states allow some form of eNotarization, investors are still wary of accepting loans with electronically notarized documents. In addition, only three states - Nevada, Texas and Virginia - have enacted legislation allowing remote notarizations," Mackey explained. "Once eNotarization and remote notarization become reality for the vast majority of IDS customers, we will be ready with the functionality to allow them to meet this new challenge head on."

About IDS, Inc.:
IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes.

Learn more at: https://info.idsdoc.com/.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced that its clients now have the capabilities to conduct hybrid electronic mortgage closings through its flagship mortgage document preparation platform, idsDoc. Hybrid eClosings allow for faster, more seamless mortgage real estate closing transactions, which can help lenders meet the Consumer Financial Protection Bureau's (CFPB) "Know Before You Owe" mandate to improve the borrower experience for consumers.

Related link: https://info.idsdoc.com/

IDS, Inc. Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will fire a fatal edit in their Loan Delivery systems if the UCD status is "Not Successful" or a UCD was not submitted.

"IDS has been monitoring our users' experience with the UCD XML file submission process closely since UCD went into effect last September, and the announcement of the June enforcement date has only enhanced our focus," said IDS Vice President and General Manager Mark Mackey. "Because edit messages can vary from lender to lender, we are encouraging our customers to reach out as quickly as possible and notify us of the edit messages they're receiving so that we can best advise them on the adjustments that need to be made."

While Fannie Mae and Freddie Mac utilize the same XML file format for UCD delivery, lenders may observe differences in the warnings they receive from each, Mackey explains, and should address warnings from each separately.

"The more feedback we receive from our customers on this, the better we're able to address these issues early so that the loan process continues to run smoothly," Mackey added. "In many of the early cases we've seen, data entry errors are the most common trigger, though data mapping issues between loan origination systems and idsDoc may also be a possible trigger. As an added layer of protection, IDS can add audits, notes and/or notifications to idsDoc to help lenders ensure successful submission of their UCD XML files."

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. Learn more at: https://info.idsdoc.com/.

Mortgage document preparation vendor, International Document Services, Inc. (IDS), has announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Effective June 25, 2018, the GSEs will fire a fatal edit in their Loan Delivery systems if the UCD status is "Not Successful" or a UCD was not submitted. (UPDATED)

Related link: http://info.idsdoc.com/

IDS Advises Mortgage Lenders to Address UCD Warnings Prior to June 25 Deadline

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Beginning June 25, UCD files that trigger a warning will not be accepted by the GSEs.

"IDS has been monitoring our users' experience with the UCD XML file submission process closely since UCD went into effect last September, and the announcement of the June enforcement date for 'error-free' UCD files has only enhanced our focus," said IDS Vice President and General Manager Mark Mackey. "Because warnings can vary from lender to lender, we are encouraging our customers to reach out as quickly as possible and notify us of the warnings they're receiving and the triggers for those warnings so that we can best advise them on the adjustments that need to be made."

While Fannie Mae and Freddie Mac utilize the same XML file format for UCD delivery, the organizations differ in their methods of extracting the data from the file. As such, Mackey explains, lenders may also observe differences in the warnings they receive from each and should address warnings from each separately.

"The more feedback we receive from our customers on this, the better we're able to address these issues early so that the loan process continues to run smoothly," Mackey added. "In many of the early cases we've seen, data entry error is the most common trigger for a warning, though data mapping issues between loan origination systems and idsDoc may also be a possible trigger. As an added layer of protection, IDS can add audits, notes and/or notifications to idsDoc to help lenders ensure successful submission of their UCD XML files."

About IDS, Inc.:
IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes.

Learn more at: http://info.idsdoc.com/.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it is advising all lenders to begin troubleshooting warnings from Fannie Mae and Freddie Mac's Uniform Closing Dataset (UCD) portal regarding missing information in their UCD files. Beginning June 25, UCD files that trigger a warning will not be accepted by the GSEs.

Related link: http://info.idsdoc.com/

IDS Gains Market Share in 2017 Despite Industry Downturn

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it increased its share of the mortgage document preparation market in 2017, even though the industry overall experienced a decline in volume.

According to the Mortgage Bankers Association's (MBA's) "MBA Mortgage Finance Forecast" for December 2017, total mortgage originations are expected to reach $1.71 trillion by the end of the year, which is nearly 17 percent below 2016's total mortgage origination volume of $2.051 trillion. In spite of this decline in volume, IDS Vice President and General Manager Mark Mackey reports the firm increased its market share by 5.9 percent in 2017.

"With the mortgage industry shifting from a refinance-driven environment to one fueled by purchases, it was widely expected that there would be an overall drop in originations, and one would expect mortgage doc volume to track alongside that decline," Mackey said. "However, our numbers indicate that IDS gained ground in 2017, which is always encouraging to see in a down market."

In February, idsDoc introduced new borrower data collection fields that support compliance with the 2018 changes to Home Mortgage Disclosure Act (HMDA) reporting. The following May, IDS announced that it was the first mortgage document vendor to have its UCD XML file certified by Fannie Mae and Freddie Mac.

To further aid clients' efforts in complying with these changes and others, IDS also updated idsDoc to include the most recent reference model from the Mortgage Industry Standards Maintenance Organization (MISMO), Version 3.4 and is working on implementing Version 3.5.

Other major changes to idsDoc in 2017 included:

* Lender customization capabilities in the eSign room, including custom docs;
* Loan officer digital "sticky notes" for electronic documents;
* Spanish-language electronic documents;
* Pre-closing document preview capabilities; and
* New LOS pushback notifications.

Additionally, IDS increased its staff in several key areas including IT (75 percent), Development (35 percent) and Customer Support (33 percent). Also new in 2017 was the formation of its New Product Development team to guide development of new IDS solutions, led by former IDS developer Beckie Santos.

"Continuous refinement and improvement of idsDoc is always a top priority in any given year, and 2017 was no exception," Mackey explained. "Over the course of the year, we added 218 new audits to idsDoc, bringing the total number of audits available in the system to 2,929. Now that investors and regulators are becoming more accepting of electronically executed documents, our focus for 2018 on expanding the capabilities of idsDoc to allow our customers to execute fully electronic mortgage closings through our platform."

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes.

For more information, visit: https://info.idsdoc.com/.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it increased its share of the mortgage document preparation market in 2017, even though the industry overall experienced a decline in volume. In February, idsDoc introduced new borrower data collection fields that support compliance with the 2018 changes to Home Mortgage Disclosure Act (HMDA) reporting.

Related link: http://info.idsdoc.com/

IDS Promotes Beckie Santos to Manager of New Product Development

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has promoted its former Manager of Development Beckie Santos to the newly created position of Manager of New Product Development. In her new role, Santos will leverage her development experience to work closely with the IDS development team as well as operations, quality assurance and compliance to help shape and guide future IDS solutions.

Santos will also oversee releases and updates, with an aim towards ensuring the global integrity of IDS systems. She will further work to make certain that releases run smoothly, coordinating with both customer support and development to certify that all updates are clean and efficient. Acting as the lender's advocate throughout the process of product innovation, she will maintain open lines of communication regarding changes in the system.

"IDS continues to experience phenomenal success in the market, and that growth is what compelled us to create the Manager of New Product Development position," said Mark Mackey, vice president and general manager of IDS. "Promoting Beckie into this role helps IDS make the most of the resources we have in the company, matching the talent with the roles that will bring the most strength to our organization and benefit to our customers."

Santos joined IDS in 2004 as a developer. During her tenure in development, she became known as a go-to developer for difficult projects and always had a can-do attitude in building solutions. In 2010, Santos was promoted to Manager of Development for IDS. In her new position, she will be reporting directly to Mackey.

"In the past 13 years that Beckie has worked at IDS, she has developed a wide breadth of experience and is known for her detailed knowledge of the IDS document engine," Mackey added. "Beckie has developed a broad set of skills in product management and development and has a deep understanding of the IDS products and services, as well as great awareness of the needs of IDS clients. I look forward to Beckie's impact and leadership in her new role."

"In my various development roles at IDS, I've always tried to approach system design with an eye towards the end user," Santos said. "With this new position, I am eager to forge an even more direct link between IDS and our clients to ensure user needs permeate every aspect of solution design and development."

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes.

More information: http://info.idsdoc.com/.

*PHOTO for media: Send2Press.com/300dpi/17-0804s2p-beckiesantos-300dpi.jpg
*Photo Caption: Beckie Santos named to the newly created position of Manager of New Product Development at IDS.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has promoted its former Manager of Development Beckie Santos to the newly created position of Manager of New Product Development. In her new role, Santos will leverage her development experience to work closely with the IDS development team as well as operations, quality assurance and compliance to help shape and guide future IDS solutions.

Related link: http://info.idsdoc.com/

IDS Expands eSign Room Customization Capabilities

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the settings and capabilities of its eSign room within the idsDoc mortgage doc prep platform. These new features enable lenders to create a more seamless and unified eSign experience for borrowers.

The expanded capabilities allow loan officers (LOs) and borrowers to upload custom documents to the eSign Room. When a document is uploaded, the LO is prompted to assign a signature type to the document - either eSign, wet sign or acknowledgment - or to simply insert the document into the package. From there, LOs can add signature lines and/or checkboxes to indicate where and how the borrower should sign. LOs can then insert the document(s) into the appropriate borrower document eSign list.

"eSignatures are a critical first step in the eMortgage process. If this part isn't working successfully and with precision, adding additional pieces like eClosing and eNotes is nearly impossible," said Mark Mackey, vice president and general manager of IDS. "By expanding the capabilities of the idsDoc eSign room to include custom docs and branding, we are helping our clients build trust with borrowers in the security and ease-of-use of the eSign process, which helps move those clients down the eMortgage path."

In addition, lenders can now incorporate their own branding within the IDS eSign room, creating a visually cohesive environment to preserve borrower trust with the eSign process. Another function to help consumers through the eSign process is the new LO comment feature, which allows LOs to insert digital "sticky notes" with directions or other pertinent information into documents.

About IDS, Inc.:
IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms.

The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (http://info.idsdoc.com/)

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has expanded the settings and capabilities of its eSign room within the idsDoc mortgage doc prep platform. These new features enable lenders to create a more seamless and unified eSign experience for borrowers.

Related link: http://info.idsdoc.com/

IDS Adds Pushback Notifications to Interface with Byte Software

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has added pushback notifications to its existing interface with BytePro Enterprise, the flagship loan origination software (LOS) platform from Byte Software. Through this enhancement, BytePro users will receive mortgage documents and fulfillment status notifications within the LOS platform.

"Working between multiple systems to execute the loan production process is both inconvenient and inefficient, and it significantly increases the likelihood of errors," said Mark Mackey, vice president of IDS. "Every integration IDS builds with its LOS partners is designed to streamline and safeguard the exchange of data between systems, allowing lenders to work within their LOS platform as much as possible. Adding the pushback notification feature to IDS's interface with Byte is yet another step in the on-going process to perfect the LOS-doc prep interaction."

In addition to returning and indexing executed documents, the pushback feature allows IDS to push Fulfillment XML notifications directly through the BytePro platform. Notifications that BytePro users can choose to receive include:

* When the document package is sent to fulfillment;
* When a borrower accepts or revokes eConsent;
* When borrowers download and/or eSign documents;
* When the eSign process has been by all parties; or
* When the documents are mailed.

Pushback events automatically update corresponding disclosure log entries in BytePro, eliminating reliance on hand-keyed entries and helping to assure that compliance timelines are calculated accurately and reliably.

"We're exceptionally proud of the seamless and complete nature of our enhanced integration with IDS," said Mark Todd, national sales and client services manager for Byte Software. "I think it demonstrates the commitment our organizations share to create competitive advantage for our mutual clients."

About Byte Software:
Since 1985 Byte Software has delivered innovative products that provide unprecedented control over the loan manufacturing process, as well as enhance the customer experience. The BytePro platform is trusted by over a thousand banks, credit unions, mortgage bankers and brokers to efficiently move loans from application to secondary loan sale.

About IDS, Inc.:
IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (http://info.idsdoc.com/)

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has added pushback notifications to its existing interface with BytePro Enterprise, the flagship loan origination software (LOS) platform from Byte Software. Through this enhancement, BytePro users will receive mortgage documents and fulfillment status notifications within the LOS platform.

Related link: http://info.idsdoc.com/

IDS Builds Mortgage Document Preview Feature for LendingQB Integration

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has incorporated a new document preview feature into its integration with LendingQB's cloud-based loan origination solution (LOS). The feature allows LendingQB users to preview mortgage documents, such as the Loan Estimate or Closing Disclosure, before they are submitted to fulfillment, enabling lenders to spot and correct errors prior to the creation of the final document.

"When it comes to executing compliant, error-free mortgage transactions, the stakes are higher than ever. Quite often, lenders are drawing fresh sets of documents each time a change is made because they have no other recourse for ensuring that changes are reflected accurately in the final document," said Mark Mackey, vice president of IDS. "The document preview feature with LendingQB enables our mutual customers to see how changes will affect the final document in real time, eliminating the need to draw multiple docs or doc packages and reducing the probability of an outdated or incorrect document making it to the final document package."

As a result of the 'lights out' integration between LendingQB and IDS, users are able to preview docs from the idsDoc system directly within the LendingQB platform. Preview docs are displayed as a PDF, the same format in which the final document package is delivered, but with a "SAMPLE" watermark, ensuring that the preview document cannot be mistaken for the final document.

"Accurate generation of mortgage documents is really the primary goal of any LOS," said Tim Nguyen, president of LendingQB. "That is why the preview feature with IDS is so important. It provides our lenders with another tool to mitigate errors in the document generation process, saving them a significant amount of time and money throughout the closing process and beyond. IDS has been a key partner of ours for several years, and we're happy to see them innovate in ways that provide tangible benefits to our mutual clients."

About LendingQB:

LendingQB is a provider of Lean Lending solutions. The Lean Lending solution consists of a 100 percent web browser-based, end-to-end mortgage loan origination system, best of breed integrations with key industry partners and "Adoptimization" services that result in faster cycle times and lower costs per loan. For more information, please call 888-285-3912 or visit http://www.lendingqb.com.

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (http://info.idsdoc.com/)

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has incorporated a new document preview feature into its integration with LendingQB's cloud-based loan origination solution (LOS). The feature allows LendingQB users to preview mortgage documents, such as the Loan Estimate or Closing Disclosure, before they are submitted to fulfillment.

IDS Receives Certification from Fannie Mae, Freddie Mac for Its UCD XML File

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced its Uniform Closing Dataset (UCD) XML file has been certified to meet all UCD requirements by both Fannie Mae and Freddie Mac ahead of the GSE's September 25 deadline for UCD delivery. To have its UCD XML file certified by the GSEs, IDS underwent an extensive testing process to ensure the dataset was delivered in a GSE-acceptable format.

"With the implementation deadline for UCD looming, we knew we wanted to get ahead of the changes to ensure our clients have a seamless transition once implementation is required, and having our XML file certified by the GSEs is a major step in that direction," said Mark Mackey, vice president and general manager of IDS. "To be the first mortgage document vendor to have its XML file certified by the GSEs is a testament to IDS's commitment to keeping our clients ahead of the compliance curve and enhance their ability to deliver defect-free loan documents and data."

According to the GSEs, the UCD "is a component of the Uniform Mortgage Data Program(R) (UMDP(R)), an ongoing effort by Fannie Mae and Freddie Mac at the direction of our regulator, the Federal Housing Finance Agency, to provide a common industry dataset to support the Consumer Financial Protection Bureau's (CFPB) Closing Disclosure."

Beginning this fall, lenders selling to the GSEs will be required to submit the XML file, which includes a PDF copy of the Closing Disclosure (CD), prior to delivery of the final loan package for all loans with a Note Date on or after September 25, 2017. In this initial phase, the GSEs will only require the borrower CD and associated data. After a year, lenders will then have to provide the seller CD and associated data in the UCD file as well. The UCD XML file created by IDS is already capable of embedding and delivering the CD and data for both the borrower and the seller.

"The aim of the UCD is to provide the mortgage industry with consistency, clarity and transparency - all of which are also long-held goals for the mortgage industry - so this is one of the few instances where change is welcome," Mackey added. "IDS has always strived to provide our clients with strong LOS integrations to deliver a uniform experience that maintains the integrity of the data being exchanged, and the UCD simply helps us take that enterprise to the next level."

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. Information: http://info.idsdoc.com/.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced its Uniform Closing Dataset (UCD) XML file has been certified to meet all UCD requirements by both Fannie Mae and Freddie Mac ahead of the GSE's September 25 deadline for UCD delivery. To have its UCD XML file certified by the GSEs, IDS underwent an extensive testing process to ensure the dataset was delivered in a GSE-acceptable format.

IDS Achieves Sustained Mortgage Document Preparation Growth in 2016

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has achieved another year of sustained growth, increasing its total document volume by 55 percent over 2015. IDS also experienced a 43 percent increase in initial disclosure volume and a 73 percent increase in the use of its E-Signature technology. The company also acquired eMortgage vendor Encomia in September.

"Following the release of TRID, we saw many of our existing customers, who were already using IDS for closing documents, add on initial disclosures and E-Sign to ensure timely, consistent execution of the Loan Estimate and Closing Disclosure," said Mark Mackey, vice president of IDS. "With the Encomia acquisition, IDS is better positioned than ever to support its customers' journey along the path to eMortgage, wherever they may be in the process."

In addition to new business growth, IDS also experienced significant internal growth, increasing its total staff by 43 percent. Of the employees added in 2016, 48 percent of the new hires were in development, and 33 percent were in customer service.

"IDS has always prided itself on developing its technology in-house and providing exemplary service to its customers so it's no surprise that our continued growth required adding additional staff to these two departments," Mackey added. "IDS remains committed as ever to providing our customers with sophisticated technology and superior customer service and will continue to invest in these areas as growth and need demand."

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (http://info.idsdoc.com/)

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has achieved another year of sustained growth, increasing its total document volume by 55 percent over 2015. IDS also experienced a 43 percent increase in initial disclosure volume and a 73 percent increase in the use of its E-Signature technology. The company also acquired eMortgage vendor Encomia in September.

IDS Makes Fourth Appearance on HW TECH100

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has been named to the 2017 HW TECH100(TM) list published by mortgage industry trade magazine HousingWire. IDS was part of the inaugural TECH100 list in 2014, and 2017 marks the fourth consecutive year IDS has made the list.

"With all the activity occurring in the mortgage technology world, it is especially gratifying to be included on this year's HW TECH100," said Mark Mackey, vice president and general manager of IDS. "We've made significant strides over the past year to deliver more comprehensive digital mortgage solutions to the industry and stand ready to support our customers as they make the transition to a completely electronic origination process."

"The companies that make up the 2017 HW TECH100 are the cream of the crop of the entire housing industry, from real estate to mortgage lending, servicing, and investment," said HousingWire Senior Financial Reporter Ben Lane. "These companies aren't just taking part in the housing industry's technological revolution; they're leading it."

The HW TECH100 recognizes the top 100 fintech companies that are driving housing technology innovation. HousingWire editors noted the September 2016 acquisition of eMortgage services provider Encomia as one of the reasons for including IDS on this year's list.

"The companies in the 2017 HW TECH100 cover the entire mortgage finance spectrum. There's hardly a corner of our industry that hasn't been transformed in some way, either by fintech startups focusing on a specific software need or legacy companies evolving to compete in the new environment," said HousingWire Magazine Editor Sarah Wheeler. "Now more than ever, these companies are delivering the innovation this industry needs to do its most important job: supporting the American Dream."

To view the full list of winners, visit http://www.housingwire.com/articles/39311-the-2017-hw-tech100.

About HousingWire:
HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments, and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.

About IDS, Inc.:
IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. (http://info.idsdoc.com/)

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has been named to the 2017 HW TECH100(TM) list published by mortgage industry trade magazine HousingWire. IDS was part of the inaugural TECH100 list in 2014, and 2017 marks the fourth consecutive year IDS has made the list.

IDS Updates Borrower Data Collection Fields, Supports MISMO v 3.4 for HMDA Compliance

SALT LAKE CITY, Utah /ScoopCloud/ -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has updated its flagship mortgage doc prep platform idsDoc to include new borrower data collection fields that support compliance with the 2018 changes to Home Mortgage Disclosure Act (HMDA) reporting.

"Although lenders are not required to collect expanded HMDA data until 2018, they can begin gathering this information in 2017," said Mark Mackey, vice president of IDS. "As such, IDS chose to update idsDoc to include the new data fields and support early collection of revised HMDA data a full year before it was required."

"This gives our clients the opportunity to familiarize themselves with how these changes may affect the loan application process and adjust accordingly to be ready for the January 2018 implementation date," Mackey said.

To further aid clients' efforts in complying with the Consumer Financial Protection Bureau's (CFPB) changes to HMDA, IDS has also updated its system to include the most recent reference model from the Mortgage Industry Standards Maintenance Organization (MISMO). Known as MISMO Version 3.4, this set of standards was designed to support the changes to HMDA, along with the forthcoming Uniform Loan Application Dataset (ULAD) from the government-sponsored enterprises (GSEs) and the TILA-RESPA Integrated Disclosures (TRID) regulations. IDS currently supports MISMO v 3.3.0, 3.3.1 and 3.4 and will support Version 3.5, which is in development.

"IDS has fully supported the GSEs' and MISMO's common goal of enhancing data quality and bringing standardization to the mortgage industry from day one," Mackey said. "The benefits of operating from a shared data standard cannot be overstated, and we have made a considerable investment to ensure our clients have the ability to deliver loan data in accordance with GSE requirements using the latest MISMO standards."

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes. More information: http://info.idsdoc.com/.

Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it has updated its flagship mortgage doc prep platform idsDoc to include new borrower data collection fields that support compliance with the 2018 changes to Home Mortgage Disclosure Act (HMDA) reporting.

IDS Hits Multiple Daily Mortgage Document Preparation Records in 2015, Achieves Significant Growth Despite TRID Challenges

SALT LAKE CITY, Utah, April 18, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced it achieved 11 single-day company records for total document orders in 2015. Overall document fulfillment increased 24 percent from 2014 to 2015, with initial disclosures and closing documents seeing similar growth (26 percent and 22 percent, respectively). IDS also saw increased adoption of its eSign functionality in 2015, with 45 percent more documents electronically signed as compared to 2014.

In terms of new business, IDS experienced the greatest growth in the Northeast region, increasing its new client acquisitions in this area by 46 percent. The company also saw significant gains in the Southeast region (32 percent) and through its affiliate sales in Texas (29 percent).

"2015 was a time of tremendous change and uncertainty for the mortgage industry," said Mark Mackey, vice president of IDS. "To experience this kind of success in that kind of environment demonstrates not only the importance of documents in the mortgage process, but it is also a testimony to the quality of documents and service IDS provides to the industry."

Additionally, IDS made many substantive changes to the organization in preparation for the implementation of the TILA-RESPA Integrated Disclosure (TRID). The firm doubled its data storage and processing capabilities, and more than 70 percent of its flagship document preparation system idsDoc had to be altered or adjusted in some way due to TRID requirements.

"Over the course of 2015, we issued six major TRID-related software releases, in addition to our routine system updates, and the attention to detail we paid to these changes really paid off for our customers," Mackey added. "The feedback we received from clients on how IDS handled TRID was overwhelmingly positive, and our customers seemed to experience fewer issues overall."

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms. The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes.

More information: http://info.idsdoc.com/.

Twitter: @idsDoc #mortgage #TRID

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/ids-hits-multiple-daily-mortgage-document-preparation-records-in-2015-achieves-significant-growth-despite-trid-challenges-2016-0418-04.shtml.

NEWS SOURCE International Document Services, Inc. :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2016 Send2Press® Newswire, a service of Neotrope®.

IDS Celebrates 30th Anniversary in 2016

SALT LAKE CITY, Utah, Feb. 25, 2016 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced the company will celebrate 30 years in business this year. The company plans to celebrate with various promotions and events throughout the year.

"Given the twists and turns the mortgage industry has taken since 1986, we feel truly honored to have served this industry for 30 years," Mark Mackey, CEO of IDS, said. "The theme IDS has chosen to mark this occasion, '30, Sturdy, and Thriving' speaks to both the company's longevity in the mortgage industry and the continued growth we've achieved over the past few years despite market downturns and regulatory challenges."

Major IDS milestones over its 30 years in business include:

* 1986 - IDS, Inc. was founded
* 1994 - Overnight Fax Request Fulfillment
* 1995 - Requests Sent out by Modem
* 1996 - Emailing options for doc delivery
* 1998 - Implementation of the compliance audit system in idsDoc
* 2000 - idsDoc moves to the Web
* 2004 - High-cost checks for all 50 states
* 2009 - Introduction of initial disclosures to idsDoc; addition of in-house fulfillment
* 2011 - Release of eSign platform; RESPA reform implementation
* 2015 - TRID implementation; acquisition by Reynolds & Reynolds.

In keeping with the company philosophy, Mackey added, IDS is giving back to its customers for their 30 years of support by offering rewards, such as gift cards, for participating in various promotions throughout the year.

About IDS, Inc.:

IDS, a Reynolds and Reynolds company, was founded in 1986 in Salt Lake City, Utah, and is a nationwide provider of mortgage documents and compliance. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment and integration with leading loan origination systems and eClosing platforms.

The IDS flagship doc prep solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs, particularly in regards to major industry compliance changes.

More information: http://info.idsdoc.com/ .

Twitter: @idsDoc #mortgage #docprep #compliance

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/ids-celebrates-30th-anniversary-2016-0225-03.shtml.