“We’re very excited about the potential behind this new technology,” said Progressive Finance Vice President Kurtis Hilton. “Our system before was already fast and efficient, but now the store no longer has to worry about faxing or scanning any documents at all. All the customer needs to do is click a few buttons and they’re done. This is a level of automation that is unrivaled in our industry. ”

The electronic signature system is the latest in a series of technologies Progressive has launched in order to more fully automate their application process.

“When you couple the e-signature with our automatic bank verification system, it creates an incredibly streamlined experience for the customer,” Hilton said.

“Basically, you can have a customer apply for financing, get automatically approved in a matter of minutes, digitally sign their contracts, and leave the store with their new merchandise. Our system has been tailored around creating a fast and comfortable process for both our stores and our customers, and we feel like this latest addition really adds to that.”

Hilton went on to explain that the e-signature program is currently being successfully used by select pilot stores, and will be completely rolled out within the next month.

More information: http://progfinance.com .

News Source: Progressive Finance :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

IDS hired Terry both to manage growing demand for the IDS mortgage document preparation software, idsDoc, and also to fortify internal IDS expert resources.

“Document preparation providers remain relevant and critical in this new era of intensive regulatory oversight and scrutiny, where changes occur on an almost daily basis,” said IDS Executive Vice President Mark Mackey. “Not surprisingly, lenders are finding it difficult to keep up with these changes, and are understandably concerned that their mortgage documents may not comply with the most current requirements.”

“Molly’s extensive knowledge and experience in the mortgage industry, combined with her business relationships, personality and work ethic, make her a great asset and valued addition to the IDS team,” Mackey added.

With 12 years’ experience in the mortgage industry, Terry has worked with technology providers using data-driven document distribution, collaboration and connectivity services for the mortgage banking and title industries.

“It is a privilege to join the IDS team,” said Terry. “Now more than ever, lenders need a document preparation provider they can rely on to ensure their documents’ compliance. IDS’ secure, compliant and cost-effective tools, plus the unmatched expertise of its client service team, meet that need.”

About IDS Inc.:
IDS is a nationwide provider of mortgage documentation and compliance services. IDS’s services include software for the preparation of closing documents, initial disclosures and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking for additional information concerning IDS’s products and services can visit the IDS website at www.idsdoc.com or call 800.554.1872.

News Source: International Document Services Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

Since regulations dealing with initial disclosures were at the forefront of industry compliance challenges in 2011, IDS experienced a corresponding jump in its initial disclosure volume – an 80 percent increase as compared to 2010. There also was a 42 percent increase in new and existing clients using IDS for initial disclosures. In addition, the number of initials ordered or requested grew 24 percent in 2011, compared to 15 percent growth during 2010. In summary, five out of 20 document requests sent to IDS in 2011 were for initial disclosures.

“IDS has experienced tremendous growth in document package volume over the past few years, but 2011 was the first year that we saw a dramatic upsurge in a specific document area,” said IDS Executive Vice President Mark Mackey. “I attribute the marked increase in initial disclosure volume and interest to continuing lender frustrations regarding compliance. Simply put, lenders are struggling to bear this particular regulatory burden and turn to providers like IDS to lighten the load.”

A recent survey of IDS customers found that lenders were overwhelmingly concerned about initial disclosure compliance. Customers that did not use IDS for their initial disclosures reported major setbacks in this area, including lack of state-level compliance and delays in system updates of regulatory changes.

“The compliance stakes for lenders have never been higher, and our instincts said initial disclosures were going to be a big concern in 2011,” Mackey added. “Therefore, we spent an exceptional amount of time refining the idsDoc system to ensure maximum compliance, as well as ease of use. It’s what our customers expect and, quite frankly, what the livelihood of their businesses rely upon for survival in the current regulatory climate.”

About IDS Inc.:
IDS is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, initial disclosures and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at www.idsdoc.com or call 800.554.1872.

News Source: International Document Services Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

As part of the IDS survey sent to more than 600 lenders in December 2011, respondents were asked to rate the importance of six initial disclosure features: compliance, e-delivery, e-sign, fulfillment, price and user interface.

With approximately ten percent survey participation, IDS reports the following findings:
* Compliance was cited as the single most important feature by 90.5 percent of respondents;
* Ease of use placed second, with 67.9 percent of respondents rating it important;
* Fulfillment ranked 63 percent; price, 53.6 percent; e-delivery, 42.9 percent; e-consent, 35.7 percent; and e-signatures were 32.1 percent.

“Since starting initial disclosures with IDS back in 2010, I have been very impressed by the ease of use and presentation of the IDS product,” said Marlys Wilson, Vice President of Operations at Latah Federal Credit Union. “For me, the compliance services are the best part about generating our initial disclosures with IDS. IDS stays on top of any changes, which makes my job easier and allows me to just worry about lending. When there have been changes to the idsDoc system, IDS made them on time and kept us informed about the process.”

Some respondents that did not use IDS for initial disclosures reported specific setbacks in the past two years due to issues with initial disclosures. These setbacks included: failure to comply with state regulations, downward trending per-loan amounts and software upgrades that actually degraded data integrity. The biggest and most common setback was compliance and timeliness of update releases on the required dates.

“Initial disclosures have been the nexus of mortgage industry regulation and consumer protection since 2010. With the Consumer Financial Protection Bureau’s imminent changes to initial disclosures and closing documents, plus the FHA’s acceptance of e-signatures, it’s likely that docs will remain a dominant topic of mortgage industry dialog in 2012,” said Mark Mackey, executive vice president of IDS.

“Regardless of what comes down the pike from inside the Beltway or at the state government level, IDS compliance experts stay abreast of any and all changes to support the ongoing refinement of our mortgage document solutions to provide customers the most compliant, zero-default initial disclosures available,” he said.

About IDS Inc.:
IDS is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, reverse documents, initial disclosures and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at www.idsdoc.com or call 800.554.1872.

News Source: International Document Services Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

Uprize was recently named one of seven top MLM startup companies to watch in 2012 by businessforhome.org. The company provides professional training and tools to start a home-based currency trading business.

Co-founded by world-renowned businessmen, Glen Jensen and Dan Taggart, Uprize™ is dedicated to improving people’s lives by helping them get on the path to financial freedom.

Jensen, with more than 20 years of experience in network marketing, originated the idea of “Gelceuticals,” a unique concept of Suspension Gel Technology that revolutionized the Direct Sales Industry. This innovation allowed his company to become a Global 100 Network Marketing business in its second year of business.

Taggart founded and managed a number of successful businesses over the past two decades, from Infobases, Inc., an electronic publishing company that made the Inc. 500 list in 1996, to Ancestry.com the largest genealogy company in the world today.

With their combined business acumen, they are well poised to create another global phenomenon.

“Uprize is not just a company, it’s a movement,” says Jensen. “Traditional systems are failing. People no longer trust the banks, brokers and financial elite. Uprize makes a suite of professional training and investing tools affordable to the masses.”

What makes Uprize unique in this industry,” says Taggart, “is that we are totally dedicated to creating products that will truly change people’s lives. We are serious about leading a global movement, but it all starts with helping individuals experience a personal uprising. And, that’s exciting.”

“We make possible things that were impossible just a few years ago,” adds Jensen, “Uprize has introduced a disruptive model that will turn the network marketing and FOREX market on its head.”

Uprize training packages are designed to bring knowledge, access and power of currency trading to all levels of trading experience.

Uprize training and tools can be accessed 24/7 via PC, iPad, Android tablet and smartphone. Their proprietary Intellitrader™ System provides a full institutional data feed for all currency pairs in all time cycles. It scans continuously for more than 32 patterns and alerts users when a high-probability trade is detected.

About Uprize:
Uprize, LLC was founded by a tested, experienced, bold team of entrepreneurial-minded management and network marketing professionals dedicated to improving lives around the world.

Watch an introductory video here: http://youtu.be/gP3WH6Q99t0 .

For more information, visit: www.Uprize.com .

News Source: Uprize LLC :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

Described as “an instant customer-service help desk built for the cloud,” Assistly is designed to enable small- to medium-sized businesses to set up and deliver social customer-service quickly and efficiently. With Assistly, companies can manage service cases and engage with customers in real time over a range of channels – including Facebook, Twitter, Web chats, e-mail and phone – all from one, easy-to-use interface. Assistly also enables IDS customer service agents to pull all conversations, emails and notes into one place, creating a more organized and efficient process.

“When lenders come to IDS with an issue, their issue needs to be addressed as quickly as possible. Our customers’ businesses depend on it,” said Mark Mackey, vice president of IDS. “While our customer service has always been top notch, it is imperative that we do everything we can to ensure it stays that way. With Assistly, IDS will be able to address customers’ concerns even more rapidly than we do now, regardless of the channel through which they contact us.”

About Assistly:
Assistly was founded in 2009 by customer-service industry veterans Alex Bard, CEO; Gary Benitt, chief operating officer; Brad Birnbaum, chief technology officer; and Jeremy Suriel, chief architect. Assistly has attracted an impressive roster of well-known advisors, including Kenny Van Zant, angel investor; Mark Cuban, entrepreneur and owner of the Dallas Mavericks; David Liu, previously a senior vice president of AOL and now COO of Knewton; and Howard Lindzon, a hedge fund manager and early stage investor. Assistly investors include Bullpen Capital, Index Ventures, Salesforce.com, Social Leverage and True Ventures. New customers can sign up in minutes at http://try.assistly.com/salesforce .

About IDS Inc.
IDS is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, initial disclosures, compliance and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at www.idsdoc.com or call 800.554.1872.

News Source: International Document Services Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

IDS is committed to having its initial disclosures service completely refined timely for Consumer Financial Protection Bureau (CFPB) revisions to the Good Faith Estimate (GFE). Throughout 2011, the CFPB gathered feedback on its proposed changes to the GFE, and has announced its intent to revise the Truth in Lending (TIL) and HUD-1 disclosures in 2012.

“We predict that mortgage docs, initial disclosures in particular, will be the buzz in 2012,” said IDS vice president Mark Mackey. “Through this survey, we’re seeking feedback from IDS customers on what is and is not working for them with regard to initial disclosures, whether they use IDS for both initial disclosures and closing docs or just for one.”

“RESPA has been among the top compliance issues in the past two years. Grappling with an entirely re-designed set of disclosures will create even more challenges for lenders already burdened with regulations, ” he added. “If we can do some regulatory legwork or adjust our idsDoc system to make our customers’ lives easier, then it will be effort well spent.”

The survey will be available Dec. 1 at https://www.surveymonkey.com/s/ids_disclosures_pr .

About IDS Inc.:

IDS (www.idsdoc.com) is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, reverse documents, initial disclosures and fulfillment. The IDS solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs its system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at www.idsdoc.com or call 800.554.1872.

Media contact:
Lindsey Neal
Depth Public Relations, LLC
404.549.9282
Lindsey@depthpr.com .

The disclosure titled, “Flood Insurance Coverage Subject to Change,” is required for lenders selling to Franklin American Mortgage Company, Mortgage Services III, LLC and Wells Fargo, and is intended to make borrowers fully aware of the right of future mortgage servicers to adjust the flood insurance coverage on their loans. Lenders were notified in October regarding the change. Franklin American requires the added language be added to all loans with application dates on or after December 1, while Mortgage Services III and Wells Fargo required it starting January 1, 2012.

The added language, which is required for all loan products, regardless whether the property is located in a Special Flood Zone, is as follows:

Flood Insurance Coverage Subject to Change Disclosure: We may assign, sell, or transfer the servicing of your mortgage loan. Your new lender/servicer may require more flood insurance coverage than the minimum amount that has been identified in your Notice of Special Flood Hazards (NSFH). The new lender/servicer may require coverage in an amount greater than the minimum, and has the right to require flood coverage at least equal to 100% of the insurable value (also known as replacement cost value) of the building(s) used as collateral to secure the loan or the maximum available under the National Flood Insurance Program (NFIP) for the particular type of building. You should review your exposure to flood damage with your insurance provider, as you may wish to increase your coverage above the minimum amount required at the time of closing your loan versus what subsequently the new lender/servicer may require.

Lenders were given the option to include the new language as an addendum to the Notice of Special Flood Hazard (NSFH) and the Servicing Disclosure Statement Notice (the language must be included in both) or as a separate disclosure. IDS chose to create a separate disclosure because only three investors currently require the additional language.

“Meeting investor requirements has become a thornier issue for lenders now more than ever,” said Mark Mackey, vice president of IDS. “IDS’s ability to stay on top of these ever-changing requirements, as well as state and federal regulations, is one of the many reasons why lenders look to us for their initial disclosures and closing documents.”

“Simplify and streamline – that is the goal for every change, update and addition we make to the idsDoc system,” he added.

About IDS Inc.:
IDS is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, reverse documents, initial disclosures and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at www.idsdoc.com or call 800.554.1872.

News Source: International Document Services :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

According to the publication’s September 2011 issue, “Mortgage Technology’s annual list of ‘Top Tech-Savvy Lenders’ commends lenders that use technology to improve their processes, provide exceptional customer service and increase mortgage business.”

The eight lenders featured were 360 Mortgage Group, Benchmark Bank, CMG Mortgage, First Centennial Mortgage Corp., Inlanta Mortgage, Michigan Mutual, Mortgage Network and Supreme Lending.

“When used intelligently, technology has the power to transform a lender’s operations into a lean, mean originating machine that churns out fully compliant, zero-default loans,” said Mark Mackey, vice president of IDS. “This is how IDS approaches the development of the idsDoc system, and having eight customers identified as Tech-Savvy Lenders proves that our customers share our same philosophy.”

“It is truly an honor to be designated as a ‘Top Tech-Savvy Lender’ by Mortgage Technology Magazine,” said Marty Richards, director of operations at First Centennial Mortgage Corp. “As an organization, we realized early on that technology would be essential to managing growth and compliance, and through our partnerships with vendors like IDS, we’ve been able to consistently meet those goals with every implementation we’ve undergone.”

This year’s Tech-Savvy Lenders were honored during the Mortgage Technology Awards Ceremony on Sunday, Oct. 9, 2011 in Chicago.

About IDS Inc.:
IDS is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, reverse documents, initial disclosures and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at www.idsdoc.com or call 800.554.1872.

News Source: International Document Services, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .

The release included updating all coding within idsDoc to make the system easier to maintain and upgrade when new features become available. In addition, the changes made to idsDoc reduced the number of screens users must click through, creating a better process flow for IDS customers.

“Mortgage document compliance is fraught with challenges that could trip up even the most seasoned originator,” said IDS Executive Vice President Mark Mackey. “Our goal is to refine and enhance the idsDoc system to the point that originators can execute the most mundane and common tasks with just a few clicks and focus their efforts on the nuances and grey areas of their loans, which is where many compliance issues occur most often.”

“These improvements and the evolution of idsDoc has been a work in progress for about a year. It is something that needed to be done so that we are able to better serve our customers and add new features based on their needs and wants,” Mackey explained. “For example, the TIL page was re-worded in order for users to better understand and read it, whereas before it was unorganized and harder to comprehend.”

The next phase of improvements will focus on enhancing the aesthetic features of the system and refining the user experience within the system. Many of these improvements be implemented discreetly on an ongoing basis.

About IDS Inc.:
IDS is a nationwide provider of mortgage documents and compliance. IDS services include closing documents, reverse documents, initial disclosures and fulfillment. IDS’s solution, idsDoc, is recognized in the industry for its ability to be customized to meet specific lender needs. IDS backs the system with unsurpassed customer service, cutting-edge technology, compliance and document guarantees and a solid compliance team. Lenders looking to move forward when it comes to doc prep can visit the IDS website at www.idsdoc.com or call 800.554.1872.

News Source: International Document Services, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .