Tampa, Fla.-based Mortgage Contracting Services (MCS) has become the first field service company to go live with NetDirector's new occupancy verification interface.
The bidirectional occupancy verification interface provides a transaction from an attorney/trustee to MCS that includes borrower and property information. The direct transfer of data into the MCS application saves users time by eliminating dual entry, NetDirector says.
Once MCS inspects a property, an occupancy verification status update is returned to the attorney/trustee without human intervention, cutting timelines and improving attorney/trustee scorecards, NetDirector says. MCS also plans to use the company's invoice interface to send individual bills to its clients electronically to eliminate data entry in the company's accounts payable systems.Â
‘MCS brings a new type of field service interface to our network,’ says Harry Beisswenger, chief operating officer at NetDirector. ‘Occupancy verification is starting to play a key role in the industry as more mortgage servicers are requiring home inspections. This type of service aligns well with our current interface portfolio since this transaction can be used for not only occupancy verification, but also for other field service types, such as service of process.’