“Freedom’s network of settlement partners plays a significant role in our ability to deliver superior service and on-time closings to our mortgage customers,” Mike Graham, vice president of national TPO operations at Freedom Mortgage, said in a news release. “Through the Simplifile Collaboration service, we are able to work with our settlement partners in real time, which creates a more streamlined closing process and ultimately leads to a better borrowing experience for the customer.”
Founded in 2000, Simplilife originally connected settlement agents and county recorders through its e-recording service. It has since widened its mission to offer “collaboration tools and post-closing visibility for mortgage lenders and settlement agents working together on real estate documents,” the release said.
“The importance of true collaboration between lenders and settlement providers in the post-TRID era cannot be overstated,” said Simplifile President Paul Clifford. “By facilitating direct, real-time interaction, Simplifile Collaboration provides a consistent, secure, auditable means of completing key mortgage loan documents in accordance with TRID.”
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Freedom Mortgage announced this week its collaboration with Simplilife for a quicker data exchange service with its settlement partners.