Mortgage Document Custody
Loan and mortgage specialists scan hard copies of trailing mortgage documents, autoload and bulk loans from customers, extract key fields, and verify against data supplied by the customers.
Adding Intelligent Automation to the process increases the speed and accuracy of validating collateral sent by a mortgage originator to document custody businesses for securitization and secured lending purposes. The process includes review and reconciliation of loan documents against data sent by lenders to ensure the authenticity and validity of key data points within the documents.
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