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Integration Speaks To TRID Compliance

Wed, 09/30/2015

By Tony Garritano

D+H has completed integrations with both DocMagic and Optimal Blue into its MortgagebotLOS loan origination platform, as well as a compliance readiness platform called Barometer. “We are constantly working to build or integrate the best technology and find new ways to improve the end-to-end experience for our lending clients,” said Bill Neville, president of D+H’s Lending and Integrated Core Solutions business. “But every one of these efforts must be supported by the same foundation of compliance expertise that protects clients now, and into the future. They are part of the company’s overarching commitment to being the industry leader in compliance excellence.”

Optimal Blue is a cloud-based provider of managed-content, product pricing and eligibility (PPE), secondary marketing, point-of-sale, and compliance technology and services to the mortgage industry. The integration will give mortgage lenders seamless access to Optimal Blue’s family of enterprise lending services, including product pricing and secondary marketing functionality which syncs in real time, directly from the MortgagebotLOS environment.

“Optimal Blue is excited to deliver this comprehensive integration with D+H and MortgagebotLOS. Market and customer demand has been tremendous for this partnership, and we’re pleased to now be able to meet that demand,” said Mark Coupland, vice president of Business Development at Optimal Blue. “Working with the D+H team has been a great experience and it is reflected in the work we have done together. The feedback from our beta testers has been outstanding, and we are now making this available to the entire market.”

D+H also expanded its existing integration of MortgagebotLOS and DocMagic, a provider of fully compliant loan document preparation, compliance, eSign, and eDelivery solutions. Under the agreement, D+H becomes an official reseller of DocMagic products and services.

“We are pleased to have D+H as an approved reseller of our products,” said Steve Ribultan, director of Business Development at DocMagic. “D+H and DocMagic have always worked extremely well together by providing lenders with an efficient, seamless and compliant process that is second to none. As a reseller, D+H is now empowered to independently introduce our solutions to their prospective clients.”

These integrations provide D+H clients with a fully compliant, streamlined, and comprehensive workflow, moving from the institution, through loan documentation, all the way through to secondary marketing. D+H was able to safeguard compliance for these integrated solutions by tapping its own extensive understanding of TRID, led by the company’s Compliance Legal department and network of Federal and State Counsel.

D+H also saw opportunities to share its understanding of the regulatory space directly with clients, which led to the development of Barometer, a role-specific, scenario-based preparation tool to assist lenders in complying with the TILA-RESPA Integrated Disclosure rule.

Barometer facilitates learning by testing users’ understanding of the TILA-RESPA rule against real-world scenarios created by D+H experts, and includes video, audio and written content. Barometer was rolled out as a free service to 300 clients and 1,500 end users to help clients prepare for TRID.

“Most financial institutions do not have a single or consistent solution for compliance training and were scrambling to prepare for the arrival of TRID,” said Sue Britton, vice president, Innovation and Commercialization, D+H. “We were glad to be able to offer so many of our clients complimentary access to Barometer. This service combines our insight and expertise with a state-of-the-art learning solution, giving clients the confidence that their teams can succeed with TRID.”

As featured by Progress In Lending, October 2015

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.