Yes, anytime a fee is added or modified the Portal will make a web service call to automatically run the audit engine to check if tolerance has been exceeded. If it has, there will be a fatal warning.
SmartCLOSE has role based permissions. The lender can configure permissions to prevent other collaborators such as title providers from completing certain functions.
For all of the collaborations completed in SmartCLOSE, a change history report will be available at the loan level.
Currently this is available on all files for which collaborations were completed in SmartCLOSE. We are discussing providing this feature for all loans in the future.
Loan estimate data from worksheets will be loaded from DocMagic into SmartCLOSE upon a collaboration being initiated.
Yes, variance cures can be handled in SmartCLOSE by adding lender credits.
Yes, if the title company has been configured with the appropriate permissions by the lender they will have the ability to add a new fee name that is not shown.
No, you do not have to use e-Sign to use SmartCLOSE.
Loan estimate data from worksheets will be loaded from DocMagic into SmartCLOSE upon a collaboration being initiated. You can cure variances by adding lender credits within SmartCLOSE. All changes will be written back to DocMagic.
Yes, the lender could grant read only access to a third party.