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Bringing Speed and Accuracy
to Mortgage Recordings
Auto HUD
Auto Post Close
Auto Pre-close review
Document validation
Visionet’s Automation Successes
Recordings
Product Offerings
• National Recordings
• Walk-ins
• eRecordings
• One-Stop Shop
• Variable Cost Model to Manual Process
Yours and your clients’ expectations ...
-Accelerate the process
-Limit Gap exposure
-Limit rejections
-Stay up-to-date on local filing requirements
-Maintain accuracy and integrity of filed documents
-Provide complete visibility and transparency
... are increasing now more than ever before.
Recordings are Tedious, Paper based Process and
Compliance is Critical to Underwriters and Banks
Recordings are all about
operational excellence
Visionet Technology Led BPO
is the New Choice
Technology Led Outsourcing
It makes good people better, customizable workflows to map your
processes, always improving audit checklists, full transparency
through portal, and ability to be consistent
Person A
Workspace A Workspace B
Person B
Company Network
Outsourcing Recordings
Centralized data repository allows you to capture
all documents in one system which is accessible
24/7 through a customer portal which provides
full transparency on accounting and rejections.
Integrated workflow-based
process for manual and
eRecording document
recordation purposes
Supported documents for
recordings include: Deed,
assignment, Lien Release,
Subordination, modification...
VisiRecording
Workflow
6 steps
Process that shapes
how you work today
1 Data and images are transmitted, and physical documents are delivered to
Pittsburgh facility
2 QC Review according to Evolutionary Checklist, errors are corrected, 24-hours
access to your documents with tracking details available from start to finish
3 Accurate recording, mortgage taxes and service fees are calculated, check is
cut, document is sent for recording
4 Reconciliation done daily or weekly for advanced county fee
5 Recording documents returned by county can either be returned to Visionet or
go directly back to the client
6 Final Originals are imaged in VisiRecording and returned to the client with all
applicable transmittals
Let’s look at how you can streamline
your recordings with VisiRecording
Follow-up Tasks
Rejection Handling
Fee Calculation
Request and Response
HUD Fee Validation
Trailing docs, new order entry and existing orders
Customers can access ...
fully customizable status reports
and receive automated notifications
Customers
Contractor
Up to minute graphical views like order status, order volumes,
escalations... are available at any point in time
Order information on loan, documents and issues can be
searched for and viewed easily with just a few clicks
Track Order Status
Shows checks and shipping info Shows current status of tasks for order
For recorded orders,
recording info is displayed
Add, view or
update issues
Escalations
Respond to, or just close the
issues by providing comments
View other comments and Collaborate
Let’s forget about writing status reports, and have real-time
access to issue details, orders submitted to county, inbound
orders, pending orders, recorded orders and rejected orders
Real-time Recording updates
Shows county updates on recording
of documents with effective dates
These may be fee, tax or address updates
Visionet’s Value Proposition
-Variable cost of labor
-IT BPO company that will allow you to have full visability
-Workflow-enabled solution for enhanced operational visibility
-Integrated business rules engine for business process automation
-Enables exception-based task queues and workload distribution
-On/off-site, offshore processing as appropriate
-Delivers 100% web services-based architecture and solution
-Single vendor accountability
-Reduced cost and risk while increasing operational efficiency
-Industry leading technology implementers and accelerators
For a personalized demo
contact us today.
Cedarbrook Corporate Center
4B Cedarbrook Drive
Cranbury, NJ - 08512
609 409 1063 x 1116
sales@visionetsystems.com

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VisiRecording - Bringing Speed and Accuracy to Mortgage Recordings

  • 1. Bringing Speed and Accuracy to Mortgage Recordings
  • 2. Auto HUD Auto Post Close Auto Pre-close review Document validation Visionet’s Automation Successes
  • 3. Recordings Product Offerings • National Recordings • Walk-ins • eRecordings • One-Stop Shop • Variable Cost Model to Manual Process
  • 4. Yours and your clients’ expectations ... -Accelerate the process -Limit Gap exposure -Limit rejections -Stay up-to-date on local filing requirements -Maintain accuracy and integrity of filed documents -Provide complete visibility and transparency ... are increasing now more than ever before.
  • 5. Recordings are Tedious, Paper based Process and Compliance is Critical to Underwriters and Banks Recordings are all about operational excellence
  • 6. Visionet Technology Led BPO is the New Choice
  • 7. Technology Led Outsourcing It makes good people better, customizable workflows to map your processes, always improving audit checklists, full transparency through portal, and ability to be consistent Person A Workspace A Workspace B Person B Company Network
  • 8. Outsourcing Recordings Centralized data repository allows you to capture all documents in one system which is accessible 24/7 through a customer portal which provides full transparency on accounting and rejections. Integrated workflow-based process for manual and eRecording document recordation purposes Supported documents for recordings include: Deed, assignment, Lien Release, Subordination, modification...
  • 10.
  • 11. 1 Data and images are transmitted, and physical documents are delivered to Pittsburgh facility 2 QC Review according to Evolutionary Checklist, errors are corrected, 24-hours access to your documents with tracking details available from start to finish 3 Accurate recording, mortgage taxes and service fees are calculated, check is cut, document is sent for recording 4 Reconciliation done daily or weekly for advanced county fee 5 Recording documents returned by county can either be returned to Visionet or go directly back to the client 6 Final Originals are imaged in VisiRecording and returned to the client with all applicable transmittals
  • 12. Let’s look at how you can streamline your recordings with VisiRecording
  • 17. Trailing docs, new order entry and existing orders
  • 18. Customers can access ... fully customizable status reports and receive automated notifications Customers Contractor
  • 19. Up to minute graphical views like order status, order volumes, escalations... are available at any point in time
  • 20. Order information on loan, documents and issues can be searched for and viewed easily with just a few clicks
  • 21. Track Order Status Shows checks and shipping info Shows current status of tasks for order For recorded orders, recording info is displayed
  • 22. Add, view or update issues Escalations Respond to, or just close the issues by providing comments
  • 23. View other comments and Collaborate
  • 24. Let’s forget about writing status reports, and have real-time access to issue details, orders submitted to county, inbound orders, pending orders, recorded orders and rejected orders
  • 25. Real-time Recording updates Shows county updates on recording of documents with effective dates These may be fee, tax or address updates
  • 26. Visionet’s Value Proposition -Variable cost of labor -IT BPO company that will allow you to have full visability -Workflow-enabled solution for enhanced operational visibility -Integrated business rules engine for business process automation -Enables exception-based task queues and workload distribution -On/off-site, offshore processing as appropriate -Delivers 100% web services-based architecture and solution -Single vendor accountability -Reduced cost and risk while increasing operational efficiency -Industry leading technology implementers and accelerators
  • 27. For a personalized demo contact us today. Cedarbrook Corporate Center 4B Cedarbrook Drive Cranbury, NJ - 08512 609 409 1063 x 1116 sales@visionetsystems.com