PRESS RELEASE:

IDS, LendingQB Integration Creates Seamless Mortgage Origination Environment for Private Bank of Buckhead

| From
Photo: Mortgage documents

SALT LAKE CITY, Utah, Sept. 3, 2015 (SEND2PRESS NEWSWIRE) -- Mortgage document preparation vendor International Document Services, Inc. (IDS), announced Atlanta-based Private Bank of Buckhead has implemented the IDS "lights out" integration with LendingQB, an end-to-end loan origination system (LOS) provider whose platform includes the industry's leading universal decision engine.

According to Eric Simpson, a member of the operations team at PrivatePlus Mortgage, Private Bank of Buckhead's mortgage lending arm, the ability to have two best-in-class systems function as one system was what attracted the bank to LendingQB and IDS.

"The LendingQB LOS platform is very flexible and agile, which is what made us consider it over other systems," he explained. "For doc prep, IDS is an obvious choice because of the built-in compliance audits, plus the in-house compliance team and IDS's superior reps and warrants. The fact that these two systems integrate so well together was icing on the cake."

Using this interface, Private Bank of Buckhead's loan originators are able to access all of the functionality available in the IDS flagship document preparation system idsDoc without having to leave the LendingQB system. The seamless transfer of data between the two systems ensures the integrity of Private Bank of Buckhead's loan data while providing a more efficient and secure loan origination environment.

In addition, both systems are operating on the MISMO 3.3.1 Resident Reference Model, which supports a more robust transfer of data between the two systems and will aid in meeting the Consumer Financial Protection Bureau's (CFPB's) upcoming TILA-RESPA Integrated Disclosure (TRID) rule.

"With the upcoming TRID implementation, it is critical for lenders to shore up their front-end operations to ensure as smooth of a transition as possible," said Mark Mackey, CEO of IDS. "The IDS-LendingQB integration is one example of how vendors can help their customers create a more efficient origination environment that supports operations and compliance."

"Providing our clients with seamless integrations to our vendor-partners is key to the Lean Lending Strategy," said Binh Dang, president of LendingQB.

About Private Bank of Buckhead:
Private Bank of Buckhead brings a private banking approach to all clients across all functions of the bank. The bank - now in its ninth year - is designated a Preferred Lender by the U.S. Small Business Administration. Private Bank of Buckhead is located in Piedmont Center (Building Three). Its Private Bank of Decatur division is located at 150 East Ponce de Leon Avenue in Decatur, at the corner of Ponce and Church Street. Its mortgage lending arm, PrivatePlus, is represented in both Buckhead and Decatur, and does business nationally. For more information, visit http://www.privatebankofbuckhead.com/.

LendingQB

About LendingQB:
LendingQB is a provider of 100 percent web browser-based, end-to-end loan origination software offering residential mortgage banking organizations lean strategies for optimal performance resulting in faster cycle time and lower costs per loan. For more information, please call 888-285-3912 or visit http://www.lendingqb.com/.

Trademarks: LendingQB™ and Lean Lending™ are trademarks of MeridianLink in the U.S. All other trademarks, service marks, and product or service names are trademarks or registered trademarks of their respective owners.

About IDS, Inc.:
IDS, founded in 1986 in Salt Lake City, Utah, is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, initial disclosures and fulfillment. 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. The system is backed with compliance and document guarantees. IDS succeeds with unsurpassed customer service, sophisticated technology, and a diligent compliance team. Lenders looking to get more out of doc prep can visit the IDS website at http://www.idsdoc.com/ or call 800-554-1872.

Twitter: @idsDoc @LendingQB @PPMortgage

News Source:
MORE INFORMATION:
For more information regarding this press release, please visit:
http://www.idsdoc.com/
Like, Share, Save this press release:
  TWEET   SHARE   G+   PIN IT   STUMBLE   LinkedIn   Instapaper   Buffer

PERMALINK:
https://www.send2press.com/newswire/ids-lendingqb-integration-creates-seamless-mortgage-origination-environment-for-private-bank-of-buckhead-2015-0903-01.shtml
Shortlink to this press release: https://i.send2press.com/tkpQu
  LEGAL NOTICE AND TERMS OF USE:  
The content of the above press release was provided by the “news source” (International Document Services, Inc.) or authorized agency, who is solely responsible for its accuracy. Send2Press® is the originating wire service for this story and content is Copr. © 2015 International Document Services, Inc. with newswire version Copr. © 2015 Send2Press (a service of Neotrope). All trademarks acknowledged.

Rights granted for reproduction by any legitimate news organization. However, if news is cloned/scraped verbatim, then original attribution must be maintained with link back to this page as “original syndication source.” Resale of this content for commercial purposes is prohibited without a license. Reproduction on any site selling a competitive service is also prohibited. Information is believed accurate, as provided by news source or authorized agency, however is not guaranteed, and you assume all risk for use of any information found herein/hereupon. This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.
STORY READS for this single page only, as of Sep 25 2016:
[ count retired 8.4.16 ]


back to top
REFERENCES: Mortgage documents, mortgage technology, IDS Inc, loan, loan origination system, MeridianLink, TRID implementation, Lean Lending, Private Bank, Binh Dang, Mark Mackey, news, press release from International Document Services, Inc., Sep 3, 2015, Banking and Finance, Computing, Business, Salt Lake City, Utah, IDS, LendingQB Integration Creates Seamless Mortgage Origination Environment for Private Bank of Buckhead