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Freedom Mortgage Joins Simplifile's Lender Network
Simplifile, a provider of real estate document collaboration
and recording technologies for lenders, settlement agents, and
counties, recently announced that Freedom Mortgage has
joined its network of mortgage lenders. Freedom Mortgage will
be using the Simplifile Collaboration service in its wholesale
division.
Mike Graham, VP of National TPO Operations at Freedom
Mortgage, says he is looking forward to working with a more
efficient method to go through the closing process. "Freedom's
network of settlement partners plays a significant role in our
ability to deliver superior service and on-time closings to
our mortgage customers," he said. "rough the Simplifile
Collaboration service, we are able to work with our settlement
partners in real time, which creates a more streamlined closing
process and ultimately leads to a better borrowing experience for
the customer."
Simplifile Collaboration enables lenders to share, receive,
and validate documents and data with settlement partners via a
protected platform and provides clarity into settlement partner
processes. e system also automatically notes file changes,
updates, deficiencies, and statuses to craft an audit-ready
compliance trail, according to the press release.
Paul Clifford, President of Simplifile, said that Simplifile will
spark lenders and providers to hold more conversations regarding
the closing process. "e importance of true collaboration
between lenders and settlement providers in the post-TRID era
cannot be overstated," he said. "By facilitating direct, real-time
interaction, Simplifile Collaboration provides a consistent,
secure, auditable means of completing key mortgage loan
documents in accordance with TRID."
