Compliance-as-a-Service

Next Generation Mortgage Servicing Software

Let BITB’s mortgage compliance-as-a-service expertise eliminate the hassle and complexity of keeping up with regulatory requirements.

Next Generation Mortgage Servicing Software

The BackInTheBlack
Advantage

The BackInTheBlack
Advantage

BITB provides a market-leading suite of solutions to automate collection and loss mitigation options based on investor mortgage rules and regulatory policies.

Regulatory Compliance

In addition to our mortgage servicing software, our leadership and team are well-versed in the intricacies of the complex web of regulation and compliance requirements, including lending standards, consumer protection, and data privacy:

  • Dodd-Frank Act
  • Truth in Lending Act
  • RESPA Compliance
  • And More

Data Privacy and Security

Given the tech-first nature of modern business, the mortgage industry is particularly vulnerable to cyberattacks, data breaches, and fraud. BITB provides comprehensive 360-degree protection and monitoring of sensitive customer data and mortgage documents

Disaster Program Support

BITB offers mass decision-making capabilities for all disaster programs, providing an automated decision-making engine. If notices or documentation are required from the borrower as part of the decision, BITB™ facilitates the document submission and review process entirely in-platform.

Loan Process Workflow Automation

Practical tools save you time, not add to your workload. Streamlining processes, reducing manual work via automation and mortgage document OCR, and providing 24/7/365 data access, reporting, and audit trails can significantly improve your resources’ efficiency.

Providing a Seamless Workflow
for Servicers and Buyers

Servicer Benefits

  • Substantially reduces decision timeline
  • Compatible with any banking system of record
  • Built-in investor requirements allow borrowers to provide relevant and required documentation more quickly.
  • Bulk decision-making capabilities

Borrower Benefits

  • Direct near-real-time communication portal
  • Provides a single source for evaluation determination
  • Obtain status updates directly from the servicer

Shared Efficiency and Access Benefits

  • Eliminates mail delays and expenses
  • Send and receive categorized documents online
  • Imaging system compatible
  • Image categorization is built into quality control packages
  • Real-time bi-directional access to buyer and servicer documents

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