Outsourced insurance tracking app
EasyTrack℠ manages all your insurance tracking, data and reporting requirements. Loan Protector sets up a dedicated P.O. Box and redirects your borrower insurance mail. Every day our team collects the mail, opens, images, and data inputs all insurance documents received into the EasyTrack℠ application.
By utilizing extensive matching algorithms, the app matches input insurance data to the proper loan and collateral, then pursues missing or deficient insurance data by issuing borrower notice of requirement (NOR) letters through our EasyNOR℠ system.
Loan Protector provides each tracking client secure online access to insurance data, images of borrower insurance documents, images of borrower notification letters and an extensive array of online reports which provide transparency via our secure web interface. EasyTrack℠ has the ability to track residential, commercial, multi-family and reverse mortgage loans. Additional services include incoming and outbound customer service call center; payment of escrowed premiums and loss draft processing. This app is also fully integrated with our proprietary EasyData℠ and EasyNOR℠ systems.
- Links seamlessly with most existing mortgage servicing systems
- Integrates with Loan Protector’s lender-placed hazard, flood and REO hazard, flood, and liability programs
- Guarantees zero uninsured hazard losses by endorsing automatic coverage to the lender-placed master policy
- Eliminates the risk of uninsured properties from “falling through the cracks”
- Eliminates incoming insurance mail
- Eliminates time consuming escrow premium payment functions
- Compliant with new FHFA, FNMA, FDMC and CFPB requirements