New Automated Income Calculation Software Purchase Options for Mortgage Brokers, Small and Mid-Size Lenders
Edison, NJ – Monday, May 4, 2020 – Indecomm Global Services, a leading provider of automation, outsourcing, and compliance solutions for the mortgage industry, today announced the launch of the retail version of its IncomeGenius® income calculation automation software. IncomeGenius® Retail is now available for mortgage brokers and small and mid-size lenders who wish to utilize automation income calculations for their clients, yet do not need the full, flagship IncomeGenius® subscription. Licenses are available in packages of 8,15 and 25 loans to allow brokers, small and medium lenders to scale gradually.
“IncomeGenius® Retail makes automated income calculations accessible to small and mid-sized lenders and mortgage brokers who wish to gain efficiencies and accuracy in their income analysis process,” said Rajan Nair, CEO Indecomm Global Services. “This new product expands the availability of mortgage automation to a new market sector and provides opportunity to streamline an important part of the origination process, shorten loan cycles and improve pull-through rates. As brokers, small and mid-sized lenders look to concentrate their efforts on a high-quality pipeline, IncomeGenius® Retail is available to make those determinations upfront.”
IncomeGenius® is Indecomm’s automated solution for income calculations and analysis. IncomeGenius® acts as an Income Center and consolidates income documents from the borrower and source of truth data into one cohesive view. By automating complex income calculations, IncomeGenius acts as an integral part of any lender’s automation journey.
With the process of calculating income simplified and automated, IncomeGenius® can be used at the start of the loan process by mortgage loan originators and processors to obtain accurate income which improves the borrower experience. For example, it speeds up the loan process for self-employed borrowers who typically submit multiple documents and tax returns for income analysis. In addition to acting as a job aid, IncomeGenius® also generates a cash flow analysis (CFA) and provides a clear audit trail.
To learn more about IncomeGenius® or to purchase IncomeGenius® Retail packages, visit incomegenius.net or email marketing@indecomm.net to schedule a demo.
About Indecomm Global Services
Indecomm Global Services is a leading provider of mortgage technology and outsourcing for the US mortgage industry. With solutions for every stage of the mortgage lifecycle, Indecomm provides automation solutions, software as a service (SaaS) technology, outsourcing services, and compliance solutions to support the various needs of mortgage industry clients. With a proven track record of over 25 years in the mortgage industry, Indecomm partners with large and mid-sized lenders, servicers, and title companies as a trusted partner with a singular focus – helping them grow. Visit https://mortgage.indecomm.net or call (732) 404-0081 to learn more.
Press Contact
Krista K. Sabol – Director of Marketing
Indecomm Global Services
krista.sabol@indecomm.net or 540-533-0991
It is Business as Usual at Indecomm
As we respond to the COVID-19 pandemic, we are doing everything we can to help strengthen our community of families, customers, and their businesses.
Indecomm has implemented an effective work-from-home model to keep our associates safe while maintaining business continuity for our customers. Thanks to our dedicated employees, robust technology platforms, and supervised automation, we have responded to the pandemic without any downtime.
Indecomm remains open for business and is here to serve you and the mortgage industry.
We are thankful to our customers for their support and confidence in us.
Indecomm Approved as Due Diligence Firm for DBRS Morningstar Securitizations
Read More >Designation Provides Further Validation for Indecomm’s Due Diligence Capabilities and Competencies
Edison, NJ – February 26, 2020 – Indecomm Global Services, a leading provider of mortgage automation, outsourcing solutions, and compliance services for the mortgage industry, today announced that it has been approved by DBRS Morningstar as a third-party due diligence provider for securitizations.
Based in New York, DBRS Morningstar is a globally recognized provider of timely credit rating opinions that offer insight and transparency across a broad range of financial institutions, corporate entities, government bodies and various structured finance product groups. DBRS Morningstar conducts a review process as part of its approval to assess the staffing, infrastructure, and capabilities of due diligence firms prior to granting a firm official third-party status. The process also included an on-site operational risk review, which took place in Indecomm’s Charlotte, NC offices.
“We at Indecomm are pleased to be selected as an approved third-party due diligence provider for Residential Mortgage Backed Security (RMBS) deals rated by DBRS Morningstar,” said Rajan Nair, CEO, Financial Services, Indecomm Global Services. “We are extremely proud of this prestigious accolade and are poised to provide our clients with meaningful due diligence services to meet the needs of their securitization transactions.”
Indecomm provides automation workflows and outsourcing services for the entire loan life cycle, including underwriting, quality control, due diligence, and risk management. To learn more about Indecomm’s products and services, visit https://mortgage.indecomm.net, email marketing@indecomm.net, or call 214-515-0848 to schedule a demo.
About Indecomm Mortgage Services
Indecomm Mortgage Services is a leading provider of business services and technology for the US mortgage industry. With solutions for every stage of the mortgage lifecycle, Indecomm Mortgage Services provides outsourcing services, software as a service (SaaS) technology, and learning solutions to support the various needs of mortgage industry clients. With a proven track record of over 25 years in the mortgage industry, Indecomm partners with large and mid-sized lenders, servicers, and title companies as a trusted partner with a singular focus – helping them grow. Visit mortgage.indecomm.net or call (732) 404-0081 to learn more.
Press Contact
Krista K. Sabol – Marketing Director, Financial Services
Indecomm Global Services
krista.sabol@indecomm.net or 540-533-0991