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CUC Mortgage goes green with e-docs
ALBANY, N.Y. (7/19/10)--CUC Mortgage Corp., Albany, N.Y., is offering client credit unions the option to receive loan application disclosures and pre-closing mortgage documents electronically through a partnership with A La Mode Inc.’s SureDocs system. Credit union lenders can view, change and add signatures to electronic documents after logging into SureDocs’ website. CUC Mortgage can accept appraisal fees online, and credit unions can download documents, which are available for 90 days. Since CUC Mortgage launched SureDocs May 1, more than 70% of clients have opted to receive disclosure documents electronically and pay appraisal fees online. “We have heard nothing but positive feedback since the program was introduced,” said Richard Maxstadt, CUC senior vice president and chief operating officer. “It also brings us one step closer to writing totally paperless mortgages.”


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