NEWS RELEASE
Contact: Tyler Sebresos
801.316.6999
NEW REVERSE DOCUMENT PREPARATION INTERFACE
International Document Services Inc. and Ibis software announce a data interface opening the way for unprecedented reverse mortgage document flexibility.
DRAPER, UTAH November 6, 2008: IDS a document preparation company has teamed up with Ibis, makers of Ibis RMO, the leading reverse mortgage origination software. This integration allows lenders to transfer all of the data from Ibis RMO into idsDoc; IDS’s document preparation solution, enables the generation of necessary documents for reverse mortgage loans smoothly and without data entry.
With its experience doing forward mortgage documents for over 20 years together with this new interface, IDS surges into the reverse mortgage market touting a broad range of competitive advantages. By working with a widely used and well respected company like Ibis, IDS is making the right moves to show their commitment to the reverse industry. Moreover, as a historically forward mortgage doc prep company, IDS is a pioneer by expanding into reverse documents, a commendable move that reflects the company’s aim to be flexible to client needs.
The partnership combines the usefulness of Ibis with the customization abilities of IDS. This gives lenders a streamline workflow through the closing process, plus a range of tools and options to avoid compliance issues or costly data entry mistakes. “I am excited to give RMO users the flexibility that IDS provides. They will be getting the type of options and efficiency that is expected of document preparation on the forward side.” said Jerry Wagner, President of Ibis.
“I think lenders will be impressed with the new tools and features we’re bringing to the reverse mortgage space,” commented Curt Doman President of IDS. “I’m excited about our partnership with IBIS. The seamless integration of our systems provides a new standard of service.”
A noticeable difference that IDS brings to the reverse market is the progressive manner in which the data is merged dynamically into the proper forms. Once all the information is entered or interfaced from Ibis, the document package is created in a matter of seconds. Other tools include data entry shortcuts and auto-fills that speed up doc generation, audit checks to help catch clerical mistakes or enforce company compliance settings and form manipulation to refine the package to meet the specific requirements and requests of the client.
About IDS Inc.
For over 20 years, IDS Inc. has been a nationwide provider of mortgage closing documents. In this time, IDS has become quickly recognizable in the industry due to system flexibility and industry recognized customer support. The idsDoc system is fully customizable to applicable legal, compliance and automation requirements of each individual lender. In addition, IDS backs the system with unsurpassed customer service and progressive technological advances. For lenders looking for a flexible and accelerated document ordering process with 24hr support; visit the IDS website at www.idsdoc.com or call 800-554-1872.
About Ibis Capital, LLC
Ibis software has been the industry standard since 1995. The sister company of Ibis, NETirement.com, Inc., licenses online reverse mortgage software products that are second to none, including The Reverse Mortgage Analyst (RMA), The Reverse Mortgage Calculator (RMC) and The Reverse Mortgage Originator (RMO), the first non-HUD software to propose and disclose HECM’s. To learn more, please visit Ibis on the Web at www.ReverseMortgageHomePage.com or call 800-566-5077.
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