Assignment of mortgage services
DocSolutionUSA offers a nationwide assignment preparation, tracking and recording service for lenders, funds, servicers and investors. Outside of US territories, DocSolutionUSA can prepare and record the documents in Guam, Virgin Islands and Puerto Rico. DocSolutionUSA is a registered signer for MERS when required by the client.
With the corporate resolution, DocSolutionUSA can also execute documents on the client’s behalf, saving time on mailing the document copies for clients to sign.
DocSolutionUSA has in-house attorneys for document template review to make sure the forms correspond to state specific requirements.
DocSolutionUSA can also notarize any documents both in-person or using Remote Online Notary (RON) technology. DocSolutionUSA is registered as a RON notary in the state of Texas with the capability to notarize nationwide.
DocSolutionUSA utilizes the most efficient e-recording vendors (SimpliFile or CSC) to provide the most effective and quick recording capabilities.
DocSolutionUSA offers three ways to prepare assignments or any document in the system:
- Client SaaS access to document preparation platform, where client can enter the data on their own and generate the documents. The document forms are branded to client’s name with configuration for different state templates.
- API of the assignment data to produce the document. Typically, clients would send verified data from the subject mortgage and additional data needed to produce the assignment in the data payload using json format. The API interface can also be used as a hybrid document generation with data being pushed through API and reviewed by the client’s staff.
- Spreadsheet (csv) upload for portfolio assignment generation can be utilized for assignment generation. This is useful when the portfolio is traded in the capital markets and there is a common buyer entity (assignee) name. Again, the data in the spreadsheet should be verified for the subject mortgage.
We introduced a normalized assignment generation in New York and select counties in Pennsylvania to accommodate for standard chain of assignment and CEMA exhibits for all prior assignments and mortgages.
DocSolutionUSA also offers commercial mortgage, assignment of rents and leases, and fixture filing (UCC) generation for clients dealing with commercial mortgages.
Additionally, DocSolutionUSA offers instant document generation using the latest technology for document production in seconds to cut down on the time to populate the data onto the forms.