New Tool Helps Servicers Speed Up Loan Doc Retrieval

Specialized Business Software of Cleveland has enhanced its Docunym Document Management Solution tool to help mortgage servicers automate loan processing in compliance with federal and state level regulation.

The newly enhanced Docunym expedites loan document retrieval and reduces potential for errors, says Steve Wiser, CEO of Specialized Business Software, “which means reducing the time it takes to manage information and documents.”

Users can access loan documents by using a minimal number of clicks, customize the system to automatically identify and organize incoming loan documents into electronic folders following specific criteria, such as borrower names and loan numbers.