Monitoring and Alerts
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Continuously monitors foreclosures, tax delinquencies, and bankruptcies, across all 50 states.
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Generates an alert when an incident occurs against the property secured by the loan--before notifications are received via postal mail--providing lenders with more time to act
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Provides foreclosure filing, bankruptcy and tax default details
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Centralized communication
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Centralized monitoring information and notification system provides access to incident information around the clock
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Extensive management reporting features assist in risk analysis and portfolio metrics
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Provides independent monitoring of loan servicing and sub-servicing
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Allows setup, monitoring and updating of loan portfolios by authorized personnel
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Integration and support
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Web-based ASP model--hosted and administered by DepotPoint--means no software to
install or maintain, no internal staff support required
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Easily integrates with bank loan servicing platform through an XML interface
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Minimizes manual steps involved in exchanging loan portfolio information needed for monitoring
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Multiple file formats support daily uploads of loan portfolio
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Offers complete XML-based integration support for servicers
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