Disclosure Manager™

Electronic disclosure solution automates workflow and helps you meet RESPA requirements more efficiently and improve borrower acceptance!

Disclosure Manager™ is an electronic disclosure solution that automates the entire initial disclosure process. From document creation to secure electronic delivery of documents to borrowers for e-consent and e-signature, Disclosure Manager does it all. It allows you to completely and securely outsource the printing and mailing of paper disclosures, when needed. Yet, it is highly configurable allowing you to select the functions that support your specific electronic disclosure workflow and help you improve operational efficiency.

Disclosure Manager Features

• Document preparation platform easily interfaces with your loan origination system (LOS) to pull customer data into compliant document packages.
  
  
• Embedded VMP® Mortgage Solutions compliance content along with a robust content management engine ensures the correct compliance content is used.
  
  
• Secure e-delivery of disclosures and document packages through SDX Secure Document Exchange (SDX) which allows bi-directional communication between lender and borrower and the ability for the borrower to electronically consent or sign the disclosure documents.
  
  
• Electronic delivery of the document package to our secure, SAS 70-certified print/mail fulfillment center when a customer opts out of electronic delivery and printed disclosure packages are necessary.
  
  
• Fully auditable trail of document transactions for Real Estate Settlement Procedures Act (RESPA) compliance and reporting.
  
  

Disclosure Manager Key Benefits

• Improved Borrower Acceptance. Real-time information is available to borrowers regarding their loan application along with quick and easy access to RESPA e-disclosures. No more waiting for the U.S. Postal Service.
  
  
• Unparalleled Security. SDX uses the highest security measures available, including PKI encryption, tamper-evident seals, and user authentication to securely deliver e-disclosures and document packages to lenders and borrowers.
  
  
• Reduced Compliance Risk. Disclosures are always up-to-date with the latest VMP Mortgage Solution compliance content. SDX’s secure, e-delivery method helps ensure that the RESPA 72-hour disclosure delivery requirement is met while providing an audit trail to document transactions. 
  
  
• Cost Savings. Significantly reduce costs and improve efficiencies for mortgage lenders with e-disclosures versus traditional paper fulfillment. Resources once dedicated to manual print disclosure processes may be reallocated to other revenue-generating activities.
  
  
• Greater Pipeline Visibility. Lenders have information real time regarding the delivery and acceptance of early disclosures allowing for timely communication with the borrower, increased pull-thru rates, and speed to close.