Conquer The Paper Trail: 4 Considerations For Servicers When Choosing a Mortgage Document Management Technology System
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The paper trail has never been more difficult to conquer for mortgage servicers. Loan files are larger and more complex than ever, and the tasks of onboarding, managing, organizing and sharing loan documents are increasingly onerous. The speed and quality of loan boarding affect a servicer’s ability to fulfill borrower or client mandates, with the risk of reputational damage and regulatory scrutiny. Meanwhile, missing documentation in loan files may require time and resources to cure.
Our new white paper, “Conquer The Paper Trail: 4 Considerations For Servicers When Choosing a Mortgage Document Management Technology System,” explores how a technology platform can help mitigate servicing pain points, and bring much-needed structure and organization to loan servicing. The paper examines what to look for in a tech platform, and the concrete benefits, including the ability to:
- efficiently organize and access mortgage documents, ensuring transparency and accessibility across a portfolio;
- significantly speed review time by facilitating swift sharing and secure document access;
- maximize profitability by streamlining procedures and minimizing costs;
- improve operational efficiency and enhance accuracy in mortgage operations, helping to mitigate risk.
Download the white paper today. SitusAMC's Acuity document management, classification, and data extraction technology is purpose-built for the mortgage industry, powering loan origination, file review, servicing, and asset management. Learn more on our website.