Tag Archives: MortgageFlex

A white paper released on Thursday claims the emergence of the Loan Originations System (LOS) as a stand-alone product has led to “technology sprawl,” wherein mortgage tech platforms are disparate, disconnected, and overall less effective. According to the paper, titled “Reducing the Sprawl in Mortgage Lending,” the mortgage industry is plagued by disconnected technology that slows the process down—and cuts into the bottom line. Lenders should move toward a singular, more comprehensive LOS that can handle the mortgage process from cradle to grave, the paper reports.

International Document Services (IDS), a mortgage document preparation vendor, and MortgageFlex Systems, a mortgage loan software provider, announced the development of a joint ‘lights out’ interface between IDS’ flagship preparation system—idsDoc—and MortgageFlex’s LoanQuest software.