Mortgages

Streamline processes, eliminate your backlog, and position yourself for the future.

Whether you are thinking about innovative products in origination, streamlining closing processes, cross-selling products in your servicing, managing a growing portfolio of delinquent loans, managing the waterfall processes for defaulted loans, managing third-party providers supporting foreclosure activities, or managing the disposition of the properties you own – doing business in the mortgage industry has you buried with business process automation needs.

New process needs and complexities arise every day, new regulatory requirements are announced every month, new employees and contractors show up every day. But your existing systems and applications are not keeping up with your needs. Each day, more spreadsheets and databases emerge, more workarounds, more manual processes and consequently more inefficiencies and more risks are introduced into your business.

Every constituency you work with wants you to do more with less – which means more work and fewer investment dollars. You need a comprehensive solution that can help you manage the data and documents across business activities, automate the processes and workflows around business functions, streamline decision making, help your teams better manage the workload, and securely track and audit all activities performed and underway. Do you have documents and data from various systems and process workarounds that need to be streamlined and automated? Do you need automated and secure integration with third-party service providers and an end-to-end view on what is happening to the loans in your portfolio? 

Savana can help. Built for the dynamic process needs of the mortgage industry, our integrated suite of business process management (BPM), business rules and enterprise content management (ECM) capabilities can help you streamline data and documents, efficiently automate business activities and processes, create new capabilities, and properly track with auditable controls all steps and actions along the way.

Savana's solutions are highly configurable, easy to use and easy to implement -- so we can have you up and running in less than 90 days. We have deep expertise across the entire mortgage industry value chain, so we are familiar with the many complexities you face and the need you have to implement solutions quickly and cost effectively.

Savana can help you improve your mortgage business processes in the following areas:

  • Loan Origination and Closing
    • End-to-end process automation
    • Quality control reviews
  • Asset Management
    • Loan/Portfolio quality reviews
  • Credit Loss Management
    • Default management including Federal programs
    • Pre-foreclosure management
    • Foreclosure management
    • Real estate owned (REO) management
    • Third-party management

Get immediate results to your mortgage business process challenges – contact Savana today.