File room and archive solutions

Top 5 Mortgage Company

When one of the nations leading home mortgage companies indicated that they needed one system of record to track all mortgage files and documents, they turned to Thoroughbred Technologies, Inc.

The system of record in this case needed to be a system that could begin tracking mortgage documents immediately after closing and provide all the required workflow through the post close audit phase. In addition, the system had to be able to handle hundreds of millions of transactions and enormous record volumes across a nationwide network.

OPUS and OPUSNet was selected to run this operation utilizing Oracle 9. Thoroughbred Technologies provided a number of customized forms for tracking trailing documents, document recording, and pool management. 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 is money, OPUS has provided increased productivity and through put both in the post close audit processes and in file circulation.