With newer technologies, the mortgage industry is experiencing a lot of changes in their business operations. Newer technologies are helping in reducing redundancies and streamlining operations but not all the new technologies are easy to understand and implement. Additionally, mortgage lenders have been working in a culture of partnering with service providers who are best at what they do.
Several lenders are spending efforts consolidating their operations to work with one service provider who can provide end-to-end services. This helps in cutting down the coordination efforts and get the maximum ROI from your investments. But the mortgage industry has very few such service providers who are providing the right combination of solutions and services that a mortgage business requires. Every lender needs business process management services to cater to their loan processing and servicing needs. They also require cutting edge ever-changing technology solutions to automate their processes, deliver faster and more accurately. Not just that, they also require IT services to augment their enterprise-level business goals.
Visionet Systems is unique in this scenario, they are an end-to-end global technology solutions provider to the US Mortgage, Title, and related industries. To showcase what superior document processing means, Visionet is rolling out an exclusive Proof of Concept (POC) offer for the mortgage industry, ahead of MBA Annual. Lenders can benefit from 30% faster loan processing while maintaining over 98% accuracy
As a part of this POC, Visionet will provide free document processing for one month, which includes indexing, stacking, and classification of loan documents. To deliver this, Visionet will leverage VisiLoanReview (VLR), their AI/ML-enabled OCR solution.
Additionally, VLR is also integrated with leading LOS’s such as Encompass by Ellie Mae. This integration streamlines document processing workflow and ensures that indexed documents are available in Encompass within 4 hours. This is an industry first
When you are selecting a new service provider, choosing the right partner makes all the difference. To sign-up for the POC offer register here. You can also meet Visionet executives at the MBA Annual Convention 2019, Booth #338.