Mortgage document processing services and verified, validated data starts with a great IDEA.
Mortgage document processing services and verified, validated data starts with a great IDEA.
IDEA® Services
Intelligent Data Extraction and Automation IDEA® Services
Not entirely satisfied with your mortgage document processing technology and services?
Automate first.
Find the truth in your mortgage loan files.
Even the most sophisticated OCR is an island, your LOS is not the single source of truth and data from the source won’t solve all your problems.
A 360° view of loan file data from any source is possible.
Achieve a new kind of transparency.
Quality should not be a shrouded mystery in loan production and even more critically in loan acquisition and MSR boarding, where it can lead to future transfer and loss mitigation issues.
Validated data and verified existence of critical and non-critical loan file documents is possible.
Right-size and scale operations.
Stop the madness of people powered document processing and manual data entry.
Accelerated productivity and high confidence in loan quality is possible.
I need better a better IDEA for document processing.
Better data is in the critical path of mortgage audit accuracy, a focus on true deficiencies and rich insight.
Better data is in the critical path of mortgage audit accuracy, a focus on true deficiencies and rich insight.
Mortgage data and document processing services that use OCR technology alone are limited in performance and often require a great deal of human intervention. LoanLogics IDEA technology automates the granular classification and indexing of all digital images, as well as scanned mortgage documents using automated document recognition (ADR). Powered by advanced machine learning, our decade of mortgage industry experience and a robust document repository, we train our technology so you don’t have to. As a result, our doc processing software can handle more mortgage document types, both structured and unstructured, and document variations, delivering greater accuracy for mortgage document classification right out of the gate.
Customized stacking order and naming conventions for loan file documents, as well as the chronological display and versioning of them, are best practice features available with this service.
A bookmarked PDF provides one click access to all loan file documents, eliminating the need to search through unorganized multi-page pdf, jpeg or tiff files. Any missing documents are identified, both critical and non-critical. Even execution can be validated through LoanHD® SignaFacts®, providing new transparency for document fraud.
1.34+
Billion unique
documents processed
4.18+
Billion Loan
Pages Processed
LoanLogics IDEA transforms digital images as well as scanned documents into searchable, comparable data elements through automated data extraction (ADE) programs. Extract and structure the loan file data important for your business reviews.
Easily compare and validate extracted data across documents and to other data sources, such as the loan origination system or third-party data sources, via LoanHD® LoanFacts®.
Rules-based automation reveals data errors, inconsistencies or missing critical documents, which can be defined by loan type or specific investor guidelines / rules.
Harmonize mortgage data and document processing with loan quality audit and due diligence practices using purified data to power automation of file reviews.
15.70+
billion data
elements extracted
99%
data
accuracy
With LoanLogics Intelligent Data Extraction and Automation (IDEA) Services, sophisticated data extraction and machine learning technologies combine with human operator workflow to deliver 99% accuracy.
With LoanLogics Intelligent Data Extraction and Automation (IDEA) Services, sophisticated data extraction and machine learning technologies combine with human operator workflow to deliver 99% accuracy.
I need automation that reduces my costs.
Proven Results.
IDEA® Services for Doc Processing
A 3600 data to document comparisonfinds the truth in your loan files.
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LoanLogics' IDEA® Capabilities
See the benefits of Intelligent Data Extraction & Automation.
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Powering business
outcome automation
Doc processing technology & services
for Correspondent Lending channel