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LUMINATE

Automating the Mortgage Document Process

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LEADING THE WAY IN MORTGAGE DOCUMENT AUTOMATION

 

LuminateTM  is a fully automated mortgage document processing platform which uses ADR, OCR and RPA technology thereby enhancing customer experience and improvement in cycle times, all while maintaining risk management and compliance in document management.  

 

Through our QC expertise and knowledge, Mphasis Digital Risk is one of the largest vendor service providers to the mortgage industry and uniquely qualified as the high-confidence provider of choice for mortgage services, based on extensive experience in managing large scale, complex projects. 

 

ADVANTAGES OF USING LUMINATE

 

Pre-Processing

• Conversion (Word/Excel/JPG to PDF)
• Document Standardization
• Re-orientation
• Password stripping

Pre-Processing

Automated Documentation Recognition (ADR)

• Recognizes hundreds of different mortgage document types

Automated Documentation Recognition (ADR)

Optical Character Recognition (OCR)

• Hundreds of available fields available from nearly all mortgage document types

Optical Character Recognition (OCR)

Contact Us About Our Luminate Technology

AUTOMATE YOUR MORTGAGE DOCUMENT PROCESS

 

KEY FEATURES

 

Fully automated QC platform that provides critical insight and enhanced reporting for quality control, risk analysis and compliance.

System can be integrated anywhere in the loan lifecycle (Inline or Post Close)

System can learn over time to increase accuracy of all outputs

Reporting analytics can be used to deploy internal resources more effectively to improve quality and reduce errors

Direct integration into, LoanFx™, QCynergy™ and iVue

IDEAS IN ACTION

 

 
Automated recognition and classification of loan documents for a national bank
 
 
Improved document indexing time by 90% for a large financial service provider