Kaizen® and Income Analyzer SaaS Platforms Add Intelligence to Loan Production Process
- Indecomm exhibits at the MBA’s National Technology in Mortgage Banking Conference & Expo 2016
- Mortgage technology platforms add intelligence to the entire loan process
- Indecomm SaaS technologies Kaizen® and Income Analyzer deliver automation efficiencies
Edison, NJ – March 29, 2016 − Indecomm Global Services, a leader in business process outsourcing, learning, and technology solutions, announces it will be presenting SaaS technologies that provide automation and deliver efficiency gains in the whole production process at the Mortgage Bankers’ Association (MBA’s) National Technology in Mortgage Banking Conference & Expo 2016 at the J. W. Marriott in Los Angeles, CA from April 3 – 6, 2016. Indecomm professionals can be found at Booth 709 where attendees can learn more about Indecomm’s Kaizen® risk management system and Income Analyzer featuring Optical Character Recognition (OCR) and advanced logic to interpret documents and data. These intelligent platforms save time and resources across the loan manufacturing process.
“Mortgage platforms must add intelligence to the whole loan process and can no longer serve as mere standalone tools; we expect this to be a major discussion at the conference,” said Rajan Nair, CEO, Financial Services, Indecomm Global Services. “Kaizen® and Income Analyzer deliver integrated solutions.”
Kaizen® synthesizes data into reports which pinpoint loan level errors and patterns of defects by responsible parties and loan types. It is unique in its ability to raise the right data to the right level from the first point of input to multiple management layers and the boardroom. Kaizen® categorizes root causes so that users can find and fix errors before they become systemic. It does this by tracking multiple audit workflows from one integrated solution.
“Controlling lending risk and improving loan quality are among the top industry issues and our SaaS platforms address these concerns,” said Nair. “Our analytic platforms maximize process efficiencies while avoiding regulatory costs and reputational damage.”
Income Analyzer offers a new vision in income calculations. It is a logic and workflow solution that electronically reads and analyzes data while accurately calculating qualifying income associated with the mortgage loan. The logic in Income Analyzer is triggered by the information within the borrower’s income documents.
“Customizable workflows allow Income Analyzer to improve efficiency at any or all points from origination through underwriting,” Nair said. “This helps lenders originate more loans at lower cost. Feedback messages from Income Analyzer enable mortgage professionals to detect and reduce errors, establish consistency for fair lending compliance, and improve quality control audit results. All this is done while saving time in underwriting. The platform offers end-to-end efficiencies, which are critical for today’s lenders.”
Income Analyzer was created specifically by professionals with more than fifty combined years of underwriting expertise. Increasingly, quality control professionals, loan officers, processors, and closers are now required to have the skills of an underwriter. Income Analyzer enables those not necessarily trained as an underwriter to have the same analytic approach as one when determining qualifying income.
Income Analyzer and Kaizen® are part of Indecomm’s growing Software as a Service (SaaS) and Outsourced Product Development capabilities supporting the mortgage industry. SaaS and OPD drove Indecomm’s inclusion in the 2016 HW Tech100™, where HousingWire magazine recognizes the most innovative technology companies in the US housing industry.
About Indecomm Global Services
Indecomm offers consulting, outsourcing, learning, and technology solutions to our clients in the financial services, hi-tech, life sciences, education, and publishing verticals. We combine technology platform-driven outsourcing solutions with a flexible delivery model. Indecomm helps its clients improve profitability, gain time-to-market advantage, and achieve immediate return-on-investment. With over 3,500 associates worldwide, Indecomm services its clients from global delivery centers and offices in the United States, Costa Rica, the United Kingdom, India, Malaysia, Singapore, Indonesia, the Philippines, Mauritius, and the Cayman Islands. For more information, visit www.indecomm.net. Indecomm was founded in 2003 and has been consistently ranked amongst the Global Top 100 IT and ITeS providers for over a decade. Contact Indecomm by email at firstname.lastname@example.org or call (732) 404-0081. Read more Indecomm news at the Indecomm Newsroom.
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