The MISMO standards and resulting eMortgage system implementations can benefit all participants in the mortgage lending environment including the borrower, real estate agent, mortgage broker, mortgage lender (retail, wholesale, correspondent, direct), loan servicer, investor, title company, service provider (document prep, title, flood, credit, fraud, appraisal), notary, county recorder, and others. Significant reductions in cycle time for all processes. With the reduction in cycle time, associated benefits can include higher customer satisfaction, lower costs, and higher quality from the mortgage processes. The magnitude of the possible eMortgage benefits cannot be matched by other, less-comprehensive technologies. Increased data integrity as the data and document become one in the eDoc format. This data can be used throughout the process, eliminating unnecessary re-keying of loan data. "Reduced risk" – quality control and regulatory checks can now be performed electronically, throughout the life of the loan. This electronic integration of compliance throughout the mortgage banking process (not as its own silo) may virtually eliminate the need for such functions as the post-closing audit. Increased value of eMortgage assets, as investors also accrue the benefits described above, when they receive electronic delivery of product.