First American Integrates Loss Mitigation Products With BackInTheBlack
February 23, 2021
First American Mortgage Solutions LLC recently integrated with default/loss mitigation workflow provider BackInTheBlack LLC.
The partnership automates orders of First American Mortgage Solutions’ loss mitigation products and services for BackInTheBlack technology users. This includes loss mitigation title reports, uninsured property reports, loan modification and partial claim documents and lien priority insurance, which can now be ordered and delivered directly through BackInTheBlack, eliminating manual input and streamlining the process.
The integration helps lenders and servicers more efficiently process loss mitigation options for borrowers, utilizing the BackInTheBlack calculators and workflow automation.
“The timing could not be better to improve lender and servicer productivity via a strategic implementation of First American’s loss mitigation suite with the BackInTheBlack workflow automation system. The integrated solution provides great flexibility and efficiencies, shortening turnaround times while maintaining compliance for these highly regulated processes,” said Chris Brinkley, senior vice president of servicing division business operations for First American Mortgage Solutions. “Given the economic reality today, the seamless integration provides lenders and servicers quick, accurate and simple options to keep resolution timelines short, helping more homeowners stay in their homes.”
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