This series of blog posts provides an overview of how a Las Vegas mortgage company implemented document imaging solutions to eliminate a growing backlog of files in the Post Closing Department all while reducing costs and improving the company’s bottom line. In this blog post we will continue to discuss the benefits of quality record imaging solutions.
The record imaging solution costs less than a year’s subscription with the hosted solution provider and allows for greater peace of mind. Additionally, the record imaging solution’s ability to support state and industry compliance initiatives is one of the long-term benefits of the electronic repository because it gives the mortgage lender the ability to quickly retrieve documents and view their history. Instead of pulling files in response to auditor requests, a date range can simply be entered in the software’s retrieval screen to instantly access documents. Auditors can also be provided secure browser-based access to documents via the Web Client.
The rapid appreciation of home values in Nevada has increased the stakes for mortgage lenders. Like thousands of other organizations, this mortgage lender has increased its odds of streamlining operations, reducing costs, and sharing information with employees, partners, and customers by implementing a quality record imaging solution.
For more information about record imaging solutions, continue to visit our blog or contact OSAM Document Solutions, Inc.