Mortgage Trailing Docs and OCR Automation

Download PDF Acrobat Reader File Size: 178 KB

VisiTrak^® Module

• Configurable Loan Aging
• Workflow based process to follow-up on Documents
• County Recording Information
• Configurable document templates for correspondence
• Transmittals and Assignment generation
• Integration with Document Management System
• Trailing Docs Review (Audit for deficiencies)
• Deficiencies Report
• Interfaces with servicing system to drop paid off loans
• Complete Audit Trail

VisiTrak^® - Technical Architecture

Platform

Microsoft .Net Application Server
Web-based front-end
Microsoft SQL Server 2000 Database
XML based configuration input

Workflow Engine

Built-in Workflow engine
Configurable tasks templates and user assignments
Audit trails and Performance Reporting

Rules Engine

Built-in optimized rules engine

Data Adaptors

Standard data exchange formats DU/LP, MISMO, XML, Servicing System

Third-party Service Adaptors

All major imaging systems

VisiTrak^® Workflow Engine

Designed and optimized for mortgage trailing docs

Automated follow up reminders
Assignment to user exception queues
Assignment to corrective action queues
Vendor SLA management

The engine provides Dashboards to:

Management for productivity analysis
Supervisors for error statistics, analysis and audit history
Push button task/work transfer among team members and vendors

VisiTrak^® - OCR

• Minimizes data entry requirements
• Automates document validation
• Leading Industry OCR Toolkit integration
• VisiLoanReview Configurable Document Templates
• Exception processing based on ‘read’ scores

VisiTrak^® Benefits

• 100% visibility of trailing doc operations
• Manage in/outsourced doc tracking from one portal
• Information portal for the organization
• Painless Growth – Workflow based processing

Download PDF
Acrobat Reader
File Size: 178 KB