Indecomm Rolls Out Two New Solutions To Help Mortgage Lenders Automate

Posted by Patrick Barnard on March 29, 2016 No Comments
Categories : Residential Mortgage

Mortgage process outsourcing and technology solutions provider Indecomm Global Services has introduced two new software-as-a-service-based applications that will help mortgage lenders automate the mortgage process, thus helping them achieve compliance and realize new operating efficiencies.

The new Kaizen risk management system and Income Analyzer platforms will add intelligence to the loan production process, the company claims in a release.

The Income Analyzer features optical character recognition and advanced logic to interpret documents and data. This logic and workflow solution electronically reads and analyzes data while accurately calculating qualifying income associated with the mortgage loan.

Kaizen, meanwhile, synthesizes data into reports that pinpoint loan-level errors and patterns of defects by responsible parties and loan types. It is unique in its ability to raise the right data to the right level from the first point of input to multiple management layers and the boardroom, the company says.

Kaizen categorizes root causes so that users can find and fix errors before they become systemic. It does this by tracking multiple audit workflows from one integrated solution, Indecomm claims.

“Mortgage platforms must add intelligence to the whole loan process and can no longer serve as mere stand-alone tools; we expect this to be a major discussion at the conference,” says Rajan Nair, CEO of financial services for Indecomm Global Services. “Kaizen and Income Analyzer deliver integrated solutions.”

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