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PRESS RELEASE: New Features in Bay Docs latest LOS

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Reverse ExpressTM LOS from Bay Docs, Inc. Releases New Features

NOVATO, CA. May 29, 2012

Bay Docs, Inc., a service provider dedicated solely to the reverse mortgage industry, has added processing, underwriting and lender website calculator modules to their Loan Origination System (LOS), Reverse ExpressTM.

“We are very excited about the release of these new modules as they round out the feature set to provide a complete, cost effective and lightning fast solution to reverse mortgage lenders,” states Megen Lawler, CEO and Founder of Bay Docs, Inc.

Reverse ExpressTM, a 100% web-based LOS, boasts a call center application along with the ability to smoothly and efficiently transition from pre-application through funding.

Users of Reverse ExpressTM can take advantage of key new features such as the ability to order credit and flood reports directly from the application, place a lender-configurable reverse mortgage calculator directly on their website and at the click of a button check interest rates between application and closing to ensure the best borrower benefits are achieved. The system also comes complete with a Financial Assessment tool should a lender choose to activate this process.

About Bay Docs, Inc.
Bay Docs, Inc. is solely committed to the reverse mortgage industry and does not provide forward mortgage services. This dedication to the industry confirms the firm’s knowledge of the reverse mortgage industry and its commitment to clients. Bay Docs, Inc. was established in September, 1994, and solely provides document services and software to lenders and brokers in the reverse mortgage industry. Bay Docs, Inc. prepares loan application and closing packages for lenders who offer the Home Equity Conversion Mortgage (HECM), and can also provide the document services for lenders wanting to establish their own reverse mortgage proprietary product. For more information, please visit us at www.baydocs.net, or contact Kathleen Leonard at kleonard@baydocs.net.

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