is an innovative suite of integrated, Web-based capabilities that simplifies
collaboration between lenders, consumers and other loan participants during
the mortgage loan process. The solution
enables lenders to manage loan documents and consumer signatures
electronically, helping to simplify workflows, improve turn times and reduce
costs associated with paper-based processes.
as an extension of Black Knight's LoanSphere® Exchange™ collaboration platform, iDeliver is
comprised of three core components: Electronic and Paper Delivery; Web Portal;
and Electronic Signature.
Electronic and Paper Delivery
iDeliver sends document packages electronically if possible,
and uses traditional paper-based delivery if necessary or preferred. Documents
can be delivered to consumers, closing agents, underwriters, quality assurance,
brokers or other participants during the loan process.
If documents cannot be delivered automatically, an integrated Print, Pack and
Ship service systematically takes over, and based on client-configurable
business rules, automatically delivers hard copy documents to the recipient
within the lender’s specified time frame.
iDeliver’s Web Portal provides a dedicated, secure and central
location for consumers and service providers to access and review loan
documentation and data online. Lenders can direct users to an easy-to-use
portal that enables electronic document delivery, management and signatures, as
well as provides the ability to capture data and share transaction status. The
solution helps streamline collaboration on loan documentation and enables
efficient interaction between the lender, service provider and consumer during
the document review process.
iDeliver’s Electronic Signature component makes it easy for
consumers to electronically sign documents posted in the consumer-facing portal
and quickly return them to the lender. Consumers are notified by email when a
document is delivered through the portal, and when documents require electronic
signatures, the areas on the document that need to be signed are clearly tagged
and easily identifiable.
Once a document is signed, a copy is immediately made available
to the lender. If the consumer does not sign a document electronically, the
iDeliver workflow handles the process automatically – either delivering a hard
copy using the integrated Print, Pack and Ship service or following a lender-specified