HECM Servicing Boarding

Reverse mortgage onboarding can be a labor-intensive process with multiple appraisals to sort through and collecting documentation to rectify discrepancies in the data. QCMaiven automates this process using proprietary AI and Machine Learning models to quickly scan, index, and extract relevant data, giving you a birds-eye view of a portfolio with the ability to look into each individual asset. All documents are easily viewable and linked to the extracted data, giving you confidence in your data.

We automate the entire HECM servicing process by ingesting your tape file, blob PDFs, and individual documents. Our system extracts the relevant data and flags any missing documents or discrepancies between the tape and supplied documents. Using AI document-to-data validation technology, QCMaiven can reduce the onboarding error rate by 250%. We can customize the dashboard to fit your internal systems, ensuring a seamless operation without additional file conversions.

If you’re ready to optimize your HECM Servicing boarding process, then book a demo with QCMaiven to see how we can reduce your time and increase the accuracy of your data.

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