A new app from Kofax plc will allow lenders, brokers and borrowers to access relevant mortgage information in an instant.
The Kofax Mobile Capture for Mortgage app enables those with smartphones and tablet computers to use the cameras to capture, perfect and extract relevant information from supporting documents and deliver it directly into the appropriate loan processes.
Lenders can inititiate application processes, obtain trailing documents and resolve exceptions faster and with more accuracy.
“Mobile capture is where the mortgage industry is headed and it will transform the way lenders engage with customers”, said Mark Swift, vice president of Opus product management and Mortgage Cadence.
“We’ve seen ready adoption of electronic document management and mobile banking, making the integration of mobile capture into mortgage loan processing the natural next step.
“The pervasiveness and agility of mobile devices can improve the way lenders engage with customers.”
Kofax Mobile Capture for Mortgage is part of the comprehensive Kofax Mobile Platform, which enables cameras in mobile devices to become viable tools to support information capture solutions.
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