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Free News Articles Home Banking and Finance Business IDS Sets New Record for Mortgage Document Preparation Volume in 2012 IDS Sets New Record for Mortgage Document Preparation Volume in 2012 Author: International Document Services
Dateline: Salt Lake City Samu Castillejo Jersey , Utah (SALT LAKE CITY, Utah) | Thu, 13 Sep 2012

freeNewsArticles Story Summary: “Data compiled by mortgage document preparation vendor International Document Services (IDS) shows that the company has significantly increased its 2012 document preparation volume over the same period in 2011.”

A R T I C L E:

Data compiled by mortgage document preparation vendor International Document Services (IDS) shows that the company has significantly increased its 2012 document preparation volume over the same period in 2011.

Over the first half of 2012, IDS experienced a 52 percent increase in the number of documents ordered over the same period in 2011. In addition, IDS has had four consecutive record-breaking months in 2012 and increased its client roster by 33 percent.

IDS also achieved a record in June for the total number of closing documents and initial disclosures ordered within the idsDoc system. As compared to June 2011 Giacomo Bonaventura Jersey , doc orders increased by 46 percent and initial disclosure orders by 85 percent.

Early data from third quarter 2012 indicates that IDS is on track to achieve similar results in the second half of 2012. For example, IDS saw a 16.2 percent increase of mortgage documents from July to August and a 99.18 percent increase as compared with volume achieved during August 2011.

According to IDS Executive Vice President Mark Mackey, historically low interest rates and ever-changing regulations have contributed significantly to its new client growth and increased mortgage documents processing volume.

"With all the new proposed regulations from the Consumer Financial Protect Bureau (CFPB), particularly in the area of disclosures, the need for compliant documents is more important than ever Davide Calabria Jersey ," Mackey explained. "Lenders want, and are actively seeking, docs vendors that can ensure compliance down to the last period, and we're happy to accommodate them."

"We are thrilled to see such fantastic growth in the first half of 2012. The numbers we are seeing this year are by far the best we've seen in the past few years," he added. "Accordingly Cheap AC Milan Jerseys , we've ramped up our customer support staff to ensure that we're able to handle the increased volume, per usual, without a hitch."

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 Alessio Romagnoli AC Milan Jersey , 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 or call 800.554.1872.

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Copyright © 2012 by International Document Services and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.

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• Story Title: IDS Sets New Record for Mortgage Document Preparation Volume in 2012
• REFERENCE KEYWORDSTERMS: mortgage document preparation, Salt Lake City Andrea Conti AC Milan Jersey , Utah, document compliance, Banking and Finance, Business, Computing Fabio Borini AC Milan Jersey , SALT LAKE CITY, Utah.

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limitedsensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the companyperson mentioned in the text (International Document Services); this site cannot assist you with information about productsservices mentioned in the news article, nor handle any complaints or other issues related to any personcompany mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu Hakan Calhanoglu AC Milan Jersey , 13 Sep 2012 17:08:52 GMT].

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