Key features included
Process Management
The claims functionality is designed to track claim filing timelines, identify claimable amounts, and ensure a compliant claim.
Investor Rules
The claims functionality maintains investor and insurer rules, automates FHA self curtailment for reasonable diligence timelines and maintains all allowable advances and adjusts as needed from updates.
System of Record Integration
The claims functionality is servicing-system agnostic. As a standalone product, it has the ability to integrate with any servicing platform.
Loss Analysis
This feature enables servicers to classify losses and uncover potential recovery opportunities from third parties. It also automates the reconciliation of received funds from investors or insurers against filed claims — minimizing manual effort and enhancing operational efficiency.
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