We are rolling out NEW disclosure process that includes eSign on all document types!!!
What it offers:
• Industry leading technology based solution
• Security features to protect borrowers information
• Docs completed correct every time (less QC issues)
• e-Sign documents automatically transferred to PCL
• All re-disclosures done via e-sign- No waiting for signed
GFE’s
When: Week of October 16 th Roll out

What has not changed with the system!!!
• Loan Officer is still in control of the document process
• Process allows for options for getting the disclosures to your clients
• You can still do face to face applications (15 minute turn time on RUSH or Phone in requests )

1)
• Once enough information is imputed in PCL the application received date is populated in PCL-
*Within 3 days we need to have the disclosure package sent to the borrower( all disclosures)
• The application data needs to be as complete as possible (since 1003 is being sent with disclosures)
• Fee’s need to be updated in PCL relevant to the loan- (GFE is still checking for correctness)

• It is more important than ever for the LO to
COMPLETELY fill in 1003 in a timely manner
• LO will receive a reminder email on the 1 st and 2 nd day
• On 3 rd day at 11 am, LO will receive final warning email stating the file will automatically be disclosed at 3 pm Eastern Time
• At that time what ever is in PCL will be disclosed to your borrowers

• Once loan is complete, LO will email
GFE@movementmortgage.com
to produce all disclosures for the loan Including the 1003
• Must be within 3 days of the application received date (including Saturdays)
• LO should indicate method of disclosure. The options will be:
• eSign,
• Secure Delivery
• Mail package (We will only send the RESPA)

•
•
•

• Must have an email address for ALL borrowers
• Must be completed on the 1 st or 2 nd day after application- (for compliance reasons )
• A link will be sent to the borrower with instructions for completing
• Borrower has 24 hours to eSign
• If borrowers do not eSign within 24 hours, then disclosures will be resent via Secure e-Delivery and eSign will no longer be available after 24H.
• A link will be sent to LO for their signatures.
• Once borrowers and LO sign the docs will auto enter into PCL (within in an hour of completion)

Email Borrower receives:

Secure E-signature Portal: First Screens when you click link

Borrower first reviews all documents: They must scroll to the bottom to the disclosures to continue and hit next.

Next borrower is prompted to esign:

Documents that need Wet signatures are prompted to be printed:

• Required: At least one borrower email address
• Documents are produced and a link will be emailed to borrower. LO and LOA is added as CC
• HUD and CHARM booklet are attached to email sent separately through PCL.
• Borrower will have access to the documents for 1 week to print.

Email borrower received

Secure delivery portal:

• Documents are produced and emailed to LO and
Fulfillment
• Fulfillment will print and mail only RESPA documents via USPS
• LO get a complete set of the disclosure signed

• If possible complete loan application day before and e-mail gfe@movementmortgage.com
• For preference, indicate secure delivery.
• If it is a walk-in or borrower would not give you information over phone, put RUSH in subject line or call GFE support line 877-202-0191.
• For a RUSH, the expected turnaround is 15 – 20 minutes.
• Docs will be sent via secure email to you and your borrowers

• As always, it is about setting borrower’s expectations.
• Tell borrower about the time to prepare disclosures for in person loan app
• If borrower chooses eSign or Secured delivery, tell them to allow email from “docs@ConformX.com” or check spam folder if they do not receive an email ]
• Let borrower know of 24 hour window for doing eSign