Fiserv Now Interfaces With HUD Electronic Case Binder Program

Posted by Patrick Barnard on July 29, 2013 No Comments
Categories : FYI

Fiserv Inc. reports that it has established the interface required for clients to participate in the Electronic Case Binder Program of the U.S. Department of Housing and Urban Development's (HUD) FHA Lender Insurance Program.

Clients using Fiserv's LoanComplete: Delivery Manager solution can now submit electronic case binder documents via the FHA Lender Insurance Program website. In addition, Fiserv is now listed as an electronic case binder vendor on the FHA Lender Insurance Program website.

‘Further expanding our loan document and data quality solution to include electronic delivery was a critical component to enhancing our loan completion strategy,’ said Jay Coomes, vice president of product management, Enterprise Content Management, for Fiserv. ‘It demonstrates our ability at Fiserv to offer a true end-to-end paperless environment from point of origination all the way through electronic delivery to investors and other third parties.’

Fiserv's LoanComplete: Delivery Manager automates the review, loan completion and electronic delivery of loan documents and packages to external third parties. In addition, the solution maintains recipients, defined file formats and stacking order to eliminate time and costs associated with printing, stacking and mailing loan documents.

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