NetDirector’s NetExtract Service with OCR technology has been leading the way in legal extraction for the Default Servicing industry. Now clients can utilize the NetExtract service to download MFR Referrals from Bank of America, extract the data fields from the document and then import them into their CMS, thanks in part to our current client, Rubin Lublin, for suggesting this enhanced service offering. Their help throughout the developmental and testing period was instrumental in getting this new service up and running for all current and future clients.

Stop sending foreclosure and bankruptcy files via email, fax, and mail. NetExtract saves you, default servicing attorneys, time and money by reducing labor intensive document to text conversions and data entry errors. NetExtract processes incoming images and documents to extract data from and transfer into your database/CMS with the highest level of accuracy available.

Request – includes Bank of America MFR Document

Response – includes parsed out data fields from document for import into CMS

Benefits:

• Cloud-based extraction with no software or hardware to install
• No network set-up or ongoing system upgrades from customer’s perspective
• Reduce data entry mishaps
• Improve efficiencies
• Increase your bottom line

For more information on NetExtract services, current customers should contact their Integration Analyst or for new integrations please call Gretchen Borer at 813.343.0971 or email her at gretchen@netdirector.biz.