DOCX Recorder Information Database (RID) is a national repository of county level data providing fee and recording requirements for all 3,600+ jurisdictions in the United States. Mortgage servicers have relied on RID™ since 1996 for accurate jurisdiction information and RID™ is currently trusted by 41 of the top 100 mortgage
servicers. RID™ is now available in 3 versions, RID™ for Servicer, RID™ for Originator and RID™ FeeWise. Both RID™ for Servicer, RID™ for Originator versions are web based applications and RID™ county data is available for use in proprietary applications.
RID
SE- Service Edition is a web service solution for the
calculation of recording fees related to lien
release, assignment, assumption, modification and
other servicing related documents.
RID
OE- Originator Edition is a web service solution for
the calculation of recording fees and government
taxes related to mortgage and deed documents.
RID
FeeWise- XMLEdition combines the accuracy of RID SE
and RID OE with the flexibility of XMLdatastream
delivery.
In addition RID SE provide
> Count requirements
> Contact information
> Sample documents
> State statutes and penalty schedules
RID OE features the most
accurate tax calculator available in the industry.
> Both deed and mortgage fees are calculated, the
result is presented in a single results page with
line item detail.
> Supports multiple documents.
> Supports many different types of transactions
and lenders.
FeeWise can be embedded in
your solution to provide recording fee and government
transfer tax information for,
> Payoff Statements
> Good Faith Estimates
> Early Disclosures
> HUD 1 Settlement Statements