Mortgage Repurchase Demand and Claims Management
Press Release - February 2011
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FOR
IMMEDIATE RELEASE February 12, 2011 |
Visionet Launches Business Process Outsourcing Services for Mortgage Repurchase Demand and Claims Management
Cranbury, NJ, February 11, 2011 – Visionet Systems is currently assisting two of the top four U.S. banks recover a majority of mortgage repurchase requests from GSE’s and private investors. Visionet first built a platform that handles loan quality, underwriting, and due diligence in 2004. In 2008, the platform was enhanced to perform Repurchase and Claims Management and the solution went into production at one of the largest U.S. banks. Visionet is using its VisiRepurchase, VisiClaims, VisiLoanReview solutions to offer technology-led outsourcing. Visionet’s clients have the option to use their U.S. or offshore facilities. The following portfolio of services is being offered:
- Repurchase review and defense preparation
- Appeal Vs Purchase Analysis
- Forensic Reviews
- Portfolio Analysis/ Valuations
- Portfolio QA, QC, Underwriting Reviews
In addition, Visionet also provides Title Preparation and Settlement services to 50 major Title Companies and Agencies in the U.S. Visionet employs over a thousand mortgage savvy outsourcing professionals around the world.
About Visionet Systems
Cranbury, N.J.-based Visionet Systems is a full service mortgage consulting and business process outsourcing company that delivers products in the best-of-breed philosophy. Using a combination of consulting, metrics-based technology solutions and business process outsourcing, Visionet Systems helps lenders identify and remove inefficient business processes and technologies to improve profitability. Founded in 1995, the company’s customers include mortgage bankers and servicers.
For more information, visit http://www.visionetsystems.com, email us at Clifford.johnson@visionetsystems.com, or call 609-409-1063 x1116
Visionet Systems Inc.
4B Cedar Brook Drive
Cranbury, NJ 08512
Phone 609.452.0700
Fax 609.655.5232
