CT Lien Solutions (formerly UCC Direct) has upgraded its Mortgage Document Processing System (MDPS), a Web-based software application that processes the time-consuming tasks of mortgage releases. It is now available for commercial, partial and residential releases.
CT Lien Solutions says its MDPS takes the place of current homegrown systems, which often require additional data entry and may not fully integrate into an organization's workflow. The inclusion of commercial and partial releases provides a functionality boost for financial service institutions, mortgage lenders and servicers of loans, who handle primarily commercial releases.
‘Loan providers are under constant pressure to lower costs while managing very manual processes under significant time constraints," notes Gene Lasky, vice president and general manager, CT Lien Solutions. "Providing them with automation tools such as our MDPS streamlines their processes.’
CT Lien Solutions: (800) 331-3282
SOURCE: CT Lien Solutions