Mortgage Servicing Solution

Premier-Hosted. Cloud-Based.

Out of the Box Solution

The BITB solution includes all compliance and regulations within the application, removing this burden and stress from your side.

Seamless Integration

BITB provides a fully-integrated
service and technology
that will complement and
enhance your existing
processes.

Mortgage Servicing Solution

Premier-Hosted. Cloud-Based.

Out of the Box Solution

The BITB solution includes all compliance and regulations within the application, removing this burden and stress from your side.

Seamless Integration

BITB provides a fully-integrated
service and technology
that will complement and
enhance your existing
processes.

Mortgage Servicing Solution

Premier Hosted Cloud Based.

About BITB

About BITB

BITB offers software as a service (SAAS) services featuring software for use in automating collection and loss mitigation activity for mortgage loans and mortgage borrowers for determining loss mitigation options based on investor mortgage rules and mortgage lending regulatory policies.

BITB offers software as a service (SAAS) services featuring software for use in automating collection and loss mitigation activity for mortgage loans and mortgage borrowers for determining loss mitigation options based on investor mortgage rules and mortgage lending regulatory policies.

Mortgage Servicing Solution

Premier Hosted Cloud Based.

About BITB

About BITB

BITB offers software as a service (SAAS) services featuring software for use in automating collection and loss mitigation activity for mortgage loans and mortgage borrowers for determining loss mitigation options based on investor mortgage rules and mortgage lending regulatory policies.

BITB offers software as a service (SAAS) services featuring software for use in automating collection and loss mitigation activity for mortgage loans and mortgage borrowers for determining loss mitigation options based on investor mortgage rules and mortgage lending regulatory policies.

App Service Provider

BackintheBlack, LLC is a privately held member of the ACCSCIENT family of companies, focused on innovation-powered BITB™ business solutions shaping the future.

LoanSolutionCenter

Positioned in the market for deploying a self-service borrower portal called LoanSolutionCenter, a disaster ready, highly intuitive tool that seamlessly integrates into the BITB™ solution.

Hosted Delivery

BITB offers servicers a dynamic delivery model, compliance, functionality, complex calculators, audit tracking and the ability to support a vast number of retention and liquidation workouts.

Competitive Advantage

Fast, Agile and Flexible with a team of industry recognized professionals

Implementation
Timing

BITB pre-configured managed services guarantee a rapid implementation of 90 days or less.

Integration with
Systems of record (SOR)

Customer install with market leading Systems of Record, Real-Time post back using web service integration. Standardized Inbound and Outbound (I/O) files for all other SOR integrations

Intellectual
Capital

Through industry experts, organizational processes, and overall organizational knowledge of the financial services industry.

Third-Party
Integrations

Integrations with numerous industry-leading vendors, using various methods of data transfer. The goal is to get users to exploit the application abundance of efficiencies. (Dialers, Credit, Imagining Systems, Title Providers, Valuation Services, Quality Control Services, Print Vendors, Freddie Mac Resolve, Fannie Mae SMDU, and many others).

BITB Solution

BITB Model: “A Managed Service” Pre-Configured “Out of the Box” Solution with industry “Best Practices” that allows for streamlined implementations.

BITB Technology enables you to leverage powerful corporate computing solutions and the latest Internet technologies without prohibitive in-house technology costs.

Complete end to end workflow, calculators and eligibility | Pre-configured and tested | Pre-configured documents | Standard Integrations

LoanSolutionCenter

A friendly experience aimed to facilitate communication between borrower and servicer, including document upload functionality and real-time messaging to apply for a hardship.

  • Increase Borrower Participation
  • Streamline Documentation
  • Enhance Servicer Timeline Requirements
  • Branding, Accessibility and Compliance
  • Disaster Programs and Support

Rules-Based
Decisioning

BITB uses all the borrower information collected or submitted through LoanSolutionCenter, a proprietary rules-based engine that guides decision making; recommending the best option for each investor workout type. In addition, BITB is a “smart” system, with calculators for transaction analysis that will help the client put an end to the proliferation of inefficient spreadsheets, databases or other programs managed in house today.

Reporting

BITB also provides the client with a configurable or pre-configured report for every functional area, including meaningful metrics on collection and loss mitigation results, so you can track performance of your overall process and specific agents.

Guideline
and Compliance

Guideline and Compliance is maintained due to our on-going contractual collaboration with the GSE requirements, integrating and identifying a preferred methodology for new programs and mandates. All other regulation is handled through a compliance team, allowing BITB to take the majority of the regulation interpretation out of the servicer’s hands and maintain it within the application.

We know Mortgage Servicing

– Leading Edge in Collections and Loss Mitigation Technology

Value Proposition

BITB provides many added values to the mortgage servicing industry. Here are some of our clients’ favorite business benefits.

Increased Productivity

As a managed service BITB workflow guides the end user step by step thereby increasing daily workflow output.

Disaster Program Support

BITB offers mass decisioning capabilities for all types of disaster programs providing an automated decision-making engine. If notices or documentation are required from the customer as part of the decision BITB produces the documents are sent back to the servicers for delivery to the borrowers.

Increased Compliance

As a managed application we provide ongoing support with all investor requirements relieving client’s management and IT departments.

Document Generation

BITB document generation tools include all required documents in one solution integrated into the workflow with batch and local print capabilities.

Reduction in Servicing Cost

BITB drives higher decisioning volume with a lower decisioning timeframe due to its workflow and third-party integrations, speeding up the processing time of decisioning for both retention and liquidation.

Internal and External Audit

Audit capabilities such as asset reports, provide a full snapshot of the loans default lifecycle in BITB, a managed solution leading to better quality control success.

Request a Demo

Get answers to your unique questions, and find out why BITB™ is the right choice for you.

Location

729 East Pratt Street. Ste 900 Baltimore, Md 21202

Sales Support & General Inquiries

Phone: 410-413-1600, Option 1
[email protected]

Valuation Services

Phone: 410-413-1600, Option 3
[email protected]

Technical Support

Hours: 8am – 8pm Est, Monday Through Friday
Phone: 410-413-1600, Option 2
[email protected]

After Hours Support

(Emergency Only): 410-413-1600, Option 2