Features
include:
· Ability to track and monitor the multiple Claim types for multiple
loan types: FHA, VA and PMI
· Use of major milestones and minor checklist steps to ensure all procedures
are followed when working the claim
· Ability to have your servicing system automatically build the claim
detail for disbursements, and loan data.
· Create an industry-standard Claim form for FHA, VA and Conventional
PMI.
· Verify investor approval, and intent to acquire the property
· Track master PMI policy information relative to the Claim process,
including company, policy number, percent of coverage, and certificate number
· Track Pool Insurance on a separate screen, with its own milestones
and follow up dates
· Track Supplemental claims filed, with dates, descriptions, amounts
filed, and amounts received.
· Track contract presentation and approval
We will be demonstra...[more]