Mortgage lender AmTrust Bank, headquartered in Cleveland, has selected KeyMark Inc. to execute its latest technology implementation – a fully integrated document capture and classification system.
‘This decision is consistent with our strategic direction to streamline business processes, shorten cycle times, and further reduce our loan acquisition costs by utilizing smart technology solutions across all major aspects of the mortgage banking business,’ says Jon K. Baymiller, executive vice president of AmTrust.
With KeyMark, AmTrust has the ability to automatically identify and process mortgage loan documents as soon as they are received. KeyMark says its solution improves efficiency and accuracy, reduces costs and shortens the amount of time it takes to handle loan documents. Additionally, this technology aids in mortgage fraud detection and prevention.