Defaults Management

Visionet recognizes that most Mortgage Banking Servicers have a combination of vendor products in place to manage their defaults operation. Visionet seeks to tie these disparate environments with an enterprise workflow and reporting systems. Below is Visionet’s proprietary view of defaults management operations and areas of impact:

The VisiDefaults^® dashboard/workflow utilizes the following components:

• Workflow Optimization
• Workflow Technology Implementation
• Business Partner Integration
• Inter [Default] Unit Co-ordination
• Enterprise Systems Integrations
• Enterprise Systems Reconciliation
• State Specific Nuances
• Timely completion of Tasks
• Automation (Exception based manual processing only)
• Electronic Document Management and Retrieval
• Collections effort Optimization
• Data Cleansing
• Analytics
• CRM Integration
• Regulatory Compliance
• Mitigation of Duplication of Effort