Corporate Advance Recon using AI
We are pleased to announce that our company is launching a new artificial intelligence-based corporate advance matching tool designed specifically for MSR and whole loan FRD, FNMA, VA and HUD transactions with maximum allowable cost verification.
This innovative product aims to streamline the automation of Corporate Advance Reconciliation for Loan Transfers.
NEW AI product for automating Corporate Advance Recon for Loan Transfers.
The way it works is the following:
1. Loan Loan Transaction History flat file into One Diligence w/ raw blob PDF files with invoice copies.
2. System indexes PDFand Extracts all invoice data per each invoice line (not individual invoice).
3. System drops duplicate invoices.
4. One Diligence matches each line item on the invoice by date and amount to Loan Transaction History tape.
5. System creates an unmatched table of transaction amounts/dates with extracted data.
6. System generates exception report on NO PROOFs for corporate advances on the MSRs/Trade for negotiation with seller.
7. System assigns invoice line category for verifying Max Allowable Fees (FC, BK+BKAction, PPU, INSP, Grass Cuts, etc).
8. System checks for Max allowable per category and checks for “denied” categories on invoices (per latest FNMA/FRD/HUD/VA/USDA guidance).
For further information, please feel free to reach out to my Team directly.
Our social networks:
• Linkedin
• Twitter
• Youtube
• Facebook
• Protitleusa.com
We are pleased to announce that our company is launching a new artificial intelligence-based corporate advance matching tool designed specifically for MSR and whole loan FRD, FNMA, VA and HUD transactions with maximum allowable cost verification.
This innovative product aims to streamline the automation of Corporate Advance Reconciliation for Loan Transfers.
NEW AI product for automating Corporate Advance Recon for Loan Transfers.
The way it works is the following:
1. Loan Loan Transaction History flat file into One Diligence w/ raw blob PDF files with invoice copies.
2. System indexes PDFand Extracts all invoice data per each invoice line (not individual invoice).
3. System drops duplicate invoices.
4. One Diligence matches each line item on the invoice by date and amount to Loan Transaction History tape.
5. System creates an unmatched table of transaction amounts/dates with extracted data.
6. System generates exception report on NO PROOFs for corporate advances on the MSRs/Trade for negotiation with seller.
7. System assigns invoice line category for verifying Max Allowable Fees (FC, BK+BKAction, PPU, INSP, Grass Cuts, etc).
8. System checks for Max allowable per category and checks for “denied” categories on invoices (per latest FNMA/FRD/HUD/VA/USDA guidance).
For further information, please feel free to reach out to my Team directly.
Our social networks:
• Youtube
• Protitleusa.com