Case Study: a top 5 U.S. lending institution streamlines loan assignment processing with Indecomm (AuditGenius)

Top 5 Lending Institution in the U.S. streamlines 13,000 loan assignments with Indecomm (AuditGenius)

The customer, a top 5 lending institution in the U.S., faced the challenge of quickly processing assignments for a pool of 13,000 acquired loans where the original security instruments were only available in hardcopy format. Indecomm, using its AuditGenius service, was engaged to help automate this bulk assignment project without the client needing to hire additional staff.

Indecomm's solution involved receiving the hardcopy documents, imaging them, and then scripting all the assignments for the client. The client could then print and execute the documents at their own pace before Indecomm handled the recordation process. This approach allowed the client to update its system with all necessary document images without diverting resources from day-to-day operations, leading to a successful long-term partnership with Indecomm for handling future bulk projects.