How Mortgage Digital Transformation Can Help Combat Inflation
Learn how outsourced services and mortgage digital transformation can help your organization navigate inflation.
Learn how outsourced services and mortgage digital transformation can help your organization navigate inflation.
Put your staff retention and hiring troubles behind you. Navigate “The Great Resignation” with the right mortgage automation software.
Forbearance programs are ending, correspondence volumes are rising, and the CFPB is watching. Learn how to overcome these challenges.
With millions of borrowers exiting forbearance, it’s a stressful time for mortgage servicers. Learn what you can do to alleviate this stress.
Learn what a digital mailroom is and how adopting one can set you up for future success in the mortgage industry.
Learn how an emerging best practice for managing mortgage trailing documents is to utilize mailroom/PO box scanning services and workflow automation software.
In the wake of the COVID-19 shutdown, many businesses in the mortgage industry found themselves having to adjust to a remote workforce model practically overnight. The transition hasn’t always been smooth. But months later, the mortgage industry is seeing some advantages to the new, work-from-home model.
Organizations in the industry are experiencing cost savings, an increase in productivity, and a decrease in employee sick days. For these reasons, it’s likely that remote work is here to stay in the world of lending. One of the only things keeping companies like yours from fully going digital is the mailroom.
How can you transition to a remote workforce if you’re still relying on employees to pick up mail at your office?
You can’t.
You can, however, solve this problem easily. All you need is a digital mailroom solution to transform your organization into a highly efficient remote team.
The pandemic may have kick-started the transition to a digital workforce, but it has been a long time coming in the mortgage industry. Mortgage professionals have been moving toward automation for years and the mailroom is one of the most beneficial functions to automate.
A digital mailroom eliminates the costly and time-consuming need to distribute mail from a single location to employees, investors, lenders, servicers, and borrowers in multiple locations. Digital mailroom services accelerate mortgage processes by replacing manual mailroom functions with fast, automated ones. As the need for speed continues to rise in the mortgage world, so does the demand for processes less dependent on paper.
At MetaSource, our digital mailroom services start with the physical receipt or collection of mail that is then sorted, prepped, scanned, extracted, and validated. Next, the mail is moved to an indexed, searchable cloud platform called MetaStor. From there, authorized personnel can access the documents and information they need from wherever they are working.
There are numerous digital mailroom services benefits for lenders, servicers, and investors. Here are just a few:
The right digital mailroom partner makes all the difference. As someone who works in the mortgage industry, you need a partner who understands not only your mailroom needs but your company’s overall needs.
MetaSource is a leader in both mortgage solutions and digital transformation, making us a great candidate for your digital mailroom provider.
Plus, we can get a virtual mailroom up and running for you in as little as 2-3 days.
Give us a call or click on the link below to learn more.