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Technology continues to evolve as an important tool for servicers to utilize if they want to remain in compliance with all of the industry regulations in affect today.
In general, technology helps mortgage servicers reduce the amount of manual labor an employee has to do. Overall, technology makes it easier for an individual to do their job properly and makes sure that a servicer is close to being 100% compliant to the rules.
At the MBA Servicing Conference, Rekon Technologies is releasing its next version of lien release and assignment software to provide greater assistance for servicers to adhere to all of the changes currently being implemented in the industry.
The latest product, called Rekon Workflow, was completely rewritten to be rules-based and workflow driven, Aurora Marsh,...