Whether you are a mortgage bank, wholesale bank, or service provider, the need to automate the classification and extraction of loan documents is clear. Our recent webinar gave loan processing guidance in navigating the changes seen from TRID with expertise, examples, and success stories.
Pat Myers, EVP and Capture Practice Lead at Zia Consulting, discussed the challenges around SAAS and manual processing. Through Ephesoft, and our Advanced Closing Extraction (ACE) accelerator, you can decrease processing costs and free up funds to be used on marketing outreach, enhancing customer service, managing mobile capabilities, and more—all bettering your bottom line. Additional advantages that stem from using ACE are:
- Controlled SLA
- Scalability
- Security
- Works in house or in the cloud
Our senior solutions engineer, Jon Solove, then gave demos of loan applications and closing a mortgage package with ACE. This intelligent, automated workflow ensures correct information is gathered from the applicant and digitally routed to the correct people. This keeps documents from being overlooked, incorrect information being submitted, and data where it needs to be.
Watch the recording or view the slides on loan processing automation. To learn more about how we can streamline your processes, contact us today.