MSuite | Mortgage Automation Tool

More than 60% of the mortgage process tasks are prep tasks that do not require direct user intervention. As a result, lenders, investors, service providers, and private mortgage insurers are looking for a solution that can change their operations, reduce costs, ensure scalability and digitize their mortgage processes. One such solution is MSuite from Blue Title 365.

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What is MSuite?

MSuite is an advanced automated document classification and data extraction tool that accurately identifies scanned and printed text and converts it into structured digital data. It uses one of the world's most advanced OCR engines and can be effectively used to eliminate the necessity to manually sort the documents and input data from a variety of document formats, including electronic and paper documents.

MSuite is the most advanced, with vision (built-in image enhancement technology) and language and statistical techniques to achieve a more sorted classification of a wider range of documents. In addition, you can define business rules where you need to search for specific information. MSuite combines these two features with many other features, including noise cancellation, integration with leading LOS, built-in machine learning algorithms, and the ability to cost-effectively process more accurate information than the human brain.

MSuite - How It Works?

MSuite automates your back-end mortgage process using the following methods-

1) RPA (Robot Process Automation)
2) OCR (Optical Character Recognition)
3) Machine learning
4) artificial intelligence

MSuite browse scanned images, split them and upload those to their particular folders, extract records from several documents, execute stare and comparisons, trigger exceptions when necessary, and provide a cost-effective solution for each loan in accordance with federal protocols.
MSuite automates the whole UDN process, capturing and integrating data from internal & external systems, providing consistent customer engagement & experience and enabling more precise loan processing. You can simply implement this tool in background operations, eliminating unnecessary paperwork clutter, reducing turnaround time and expenditure.

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Why is Mortgage Automation Important?

Lenders recently have been under a heavy burden to revamp their methods of mortgage lending due to the emergence of mortgage software technologies. As a mortgage lender, if you are also facing such a crunch, then we have a perfect solution for you. Through our in-house developed mortgage automation tool - MSuite, our team can provide you with opportunities for process improvement, through which you can offer effective and right service to your customers in no time. Also, you can achieve a high productivity level, manage your documents, automate the document verification process, make better decisions using analytics, comply with legal protocols, maintain high-level of quality, etc.

The vast potential of MSuite creates opportunities for process improvement in the mortgage industry, reducing costs and improving information accuracy. Mortgage automation tools, such as MSuite, have quickly become the mainstay of modern and innovative tools that have had limited potential.

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Mortgage Processes that can be Automated via MSuite

MSuite includes a variety of features that are combined with an intuitive and user-friendly interface. It helps to avoid using validation data through rigorous comparison methods, the tool is based on advanced software technologies such as OCR and RPA. It uses machine learning to provide custom features for your business.

Based on custom algorithms and advanced mathematical models, MSuite accelerates the process of creating, documenting, and retrieving documents, significantly reducing total cost of ownership. Its seamless integration with a variety of loan systems makes it a versatile and an ideal choice for all sorts of the mortgage process. Also, it is hosted on a powerful database with cloud access and backup. A few processes that can be automated using the MSuite, includes-
1) Mortgage Loan
2) Mortgage Underwriting
3) Mortgage Loan Processing
4) Mortgage Appraisal
5) Mortgage Loan Processing & Delivery

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How Will MSuite Be Beneficial For Your Mortgage Company?

MSuite is a powerful document management software suite designed to manage mortgage documents from scratch. It has built-in machine learning and artificial intelligence capabilities designed to make your mortgage operations flexible and concise. It uses one of the world's most advanced OCR engines to classify documents and extract data. MSuite recognizes the text on printed documents and converts organized digital data.

MSuite uses state-of-the-art technology to generate various document types and formats using image enhancement and statistical techniques. It integrates seamlessly with your lending system to process information and digitize documents faster. Here are some of the benefits of implementing MSuite at your organization:

Risk Mitigation:
MSuite eliminates the inadvertent, lost tasks, data entry errors and missing information in the document management process. All risks caused by information errors in the loan documents are immediately lifted.

Improved Information Management:
MSuite's powerful machine learning algorithms provide unprecedented accuracy of information in credit documents. This eliminates manual intervention and the data quality is still high.

Easy Data Validation & Indexing:
MSuite's AI-powered technology can automatically capture data from the scanned list of documents and index them as per the requirement.

Advanced Automation:
MSuite uses ICR and OCR, two of the most popular character recognition modules for digital paper copying. The software suite has been optimized with sophisticated machine learning algorithms, so it can handle large amounts of mortgage data without sacrificing performance.

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Why Choose Blue Title 365 For Mortgage Automation Services

Blue Title 365 is one of the leading providers of mortgage support solutions in India. We use advanced technologies such as robotics, machine learning, deep learning, and artificial intelligence to create custom mortgage automation solutions for your back-office challenges. We have 20 years of experience in custom software development, including document management solutions, borrower portfolio software, etc., and meet the exact requirements of retail banking institutions, major lenders, investors, and private mortgage insurance companies. In addition, we also provide assistance with handling mortgages, appraisal, mortgage closing support, post-closing and title support.

At Blue Title 365, we have a comprehensive portfolio of mortgage automation experts that provide you with a high-level of flexibility & scalability that can be customized to your service needs. We have an in-depth understanding of US mortgages and federal laws, we tailor our service portfolio to the specific requirements of banks, lenders, investors, service providers, and even private insurance corporations. We continuously develop and modernize mortgage automation processes to deliver excellent value to the customers.

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