The transfer of the operational responsibilities of servicing mortgage loans can be a complicated process,
and a costly one if not managed correctly. The CFPB along with other agencies are paying special attention
to the process and procedures in place to manage mortgage servicing rights (MSRs) transfers, including the
technology used to support the process. Reconciling data, ensuring all documents are received and correct,
and knowing where a loan is within a process such as Loss Mitigation, Bankruptcy or Foreclosure are
under close scrutiny. The CLARIFIRE application provides comprehensive workflow processes and dashboards
to allow your organization to smoothly monitor and transition a portfolio transfer.
CLARIFIRE can help you meet servicing transfer requirements with technology and a plan ...