A Top Five Mortgage Servicing Company
When one of the nation’s leading home mortgage companies indicated that they needed a solitary system of record to track all mortgage files and associated documents, they turned to Thoroughbred Technologies, Inc.
The mortgage document management system in this case needed to begin tracking mortgage documents immediately after closing and provide all the required workflow for the post close phase. In addition, the system had to be able to handle hundreds of millions of transactions and enormous record volumes across a worldwide network. OPUS and its document tracking module was selected to run this operation, utilizing Oracle as its database. Thoroughbred Technologies provided a number of customized forms for tracking trailing documents, document recording and pool management.
With OPUS, users can easily flag loan and document exceptions which are routed to various specialists for resolution. Workflow queues simplify the distribution of the work and automate various return processes.
In an industry where processing time equates to profitability, OPUS has provided increased productivity and through-put both in the post close phases and in file circulation.
