CLARIFIRE® - MORTGAGE SERVICING TRANSFER WORKFLOW

Technology for Risk Mitigation and CFPB Compliance

With CFPB findings that outdated and deficient technology is a key factor affecting Servicers' ability to meet compliance challenges, now is the time evaluate whether your technology makes the grade.  With mortgage servicing transfers being called out as an area of concern, technology must provide accountability, transparency, and flexibility to adjust to impending regulatory changes.

The CLARIFIRE automated workflow solution was built to manage complex processes, such as the transfer of mortgage servicing rights (MSRs), by rapidly incorporating industry changes while providing visibility and management of CFPB compliance and associated costs.               

CONTACT US TO LEARN MORE!

msr-dashboard-laptop.png

Benefits of CLARIFIRE

CLARIFIRE can help you meet mortgage servicing transfer requirements by providing: 

  • Management of servicing transfer checklist through workflow driven tasks.
  • Timely identification of exceptions that occur during servicing portfolio transfers.
  • Remediation of identified issues to avoid costly consequence and reduce exposure.
  • Automatically pick up a transfer process in its current state with no disruption to the borrower.
  • Automated alerts and tracking of CFPB required disclosures and timelines.

 

What is CLARIFIRE Workflow?

The CLARIFIRE solution provides automated workflow driven by intelligent and interactive business rules, with flexibility to quickly update processes and rules as internal processes or regulations change.  Offered as a SaaS model, CLARIFIRE reduces overhead and increases speed to market.

Do you have inefficient processes, gaps between point solutions and systems of record, or areas of risk that are not being effectively managed?  Download our eBook to learn more about the power of CLARIFIRE Workflow Automation!

Workflow Automation eBook


Housing Wire Tech100 Winner

SOCLogoSOs.jpg

Meet servicing transfer requirements with workflow software for CFPB compliance!