Lead your team today. Record for auditors in the future.
How do you know what your staff is doing? Can you prove it when the auditors ask? Three years after it happened?
Effortless compliance starts by ensuring people are doing what they should. You need to know what activities were done, who did them, when they were complete, and whether that task completion was on time. Tasking also needs to be dynamic so we can ensure we aren’t just recording steps that could have happened we are recording the actual work that was done. Those standard must be industry supported with process such as Foreclosure and Bankruptcy. Furthermore some standards may need to be fluid based on the investor to whom the serviced loan belongs. This is all a part of DRI Office and all a part of effortless compliance.
However those standards are most powerful when they can be reported on. Portfolio performance reports and user score cards are a part of the out-of-the-box DRI Office solution.
With DRI Office you can see that keeping people on task and your business compliant is at the core of our offering. However compliance isn’t just about doing the right thing today. Compliance requires us to be able to return years later to show the work we did and prove the actions were appropriate. In many systems data is overwritten when something occurs twice. Therefore if you have loans that went through Loss Mitigation twice, a Foreclosure, two Bankruptcies and an Reo it’s nearly impossible to show compliance years after. Not with DRI Office. DRI Office is the repository of default data. We don’t overwrite we keep copious copies and audit trails. That way your default system manages your operations today and your audits in the future.