Mortgage lenders can now easily integrate and exchange data with disparate systems using NetDirector’s Data Exchange. The constantly evolving regulatory environment continues to distress the mortgage lending community in America. Many companies participating across the lending continuum find themselves hampered by unsustainable technology enhancement requirements, the related expenses, and find themselves at increased exposure to potential complications in conforming to the new rules of the road.
NetDirector
For Mortgage Servicers
For those companies who continue to seek the right balance between managing seemingly endless system integration projects and the costs / risks associated, NetDirector provides any company in the lending space with a compelling business solution that effectively minimizes these risks. We offer a data exchange service that utilizes the MISMO 3.x standards as the basis of the data dictionary which drives the transaction mapping infrastructure necessary for you to promptly begin trading data with any business partner in the network. Because we built our lending exchange on the MISMO standards, mapping to a TRID compliant set of transactions has never been simpler, or less time consuming. The graphic below illustrates how you can participate in the exchange regardless of the exact space within lending that your company occupies.
You connect once to the NetDirector Data Exchange by mapping to a transaction set and we handle the rest — managing all bi-directional communication and translation to your data trading partners. Once you join the exchange, you’ll never be held hostage by endless system integration projects and expenses. You’ll be able to trade data with all participants on the exchange, and any new partners can easily join the exchange just as you did to gain access to data trading with other participants.
- Enhanced capability to communicate and collaborate with service providers
- TRID Compliance
- Speed in transaction processing
- Reducing partner collaboration costs
- Enabling greater responsiveness in serving customers
- Improve speed to market
- Eliminate the need and expense to manage future data integrations projects
- MISMO 3.x Mapping
- SCRA Compliance
- Bankruptcy Search via PACER
- eRecording
- Name & Address Search
- Document/Image Delivery
- And many more!
Learn More about how NetDirector Works
No Software To Buy
Cloud-based platform means no software, no version control, no modification to your existing case management process
Multiple Communication Methods
Allows for any data formats and communication methods including JSON, XML, flat files, PDF, TXT, and more.
Vendor Neutral
Allows connections to various platforms and vendors between case management, servicers, title, publications, SOP, etc.
SOC 2 Compliant
We proudly meet all the requirements and undergo third-party HIPAA and SOC2 audits regularly, so you can rest easy knowing your data is secure
Additional Automation Functionality
Military SCRA Searches, PACER Bankruptcy Searches, Death Searches, and more - all available through the same connection as your standard NetDirector integration.
Minimal Resource Usage
Minimal-to-zero demands on internal IT resources to achieve a modern, automated workflow- achieve with full-service configuration what normally takes huge development effort
The most important part of NetDirector is our clients – see what they had to say about their relationship with their analyst, the level of service profided, and the time and money they saved by utilizing NetDirector.
