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Visionet Launches Automated Pay-Off Request Processing System - VisiPayOff is an enterprise class CFPB compliant on-demand pay-off calculator uniquely designed for easy integration with major servicing systems - VisionetSystems.com
Visionet Launches Automated Pay-Off Request Processing System

 

PRZOOM - /newswire/ - Cranbury, NJ, United States, 2015/02/27 - VisiPayOff is an enterprise class CFPB compliant on-demand pay-off calculator uniquely designed for easy integration with major servicing systems - VisionetSystems.com.

   
 
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Visionet Systems, Inc., a leading provider of technology-led Business Process Outsourcing services, announced the launch of VisiPayOff, a payoff requests processing system that facilitates automated creation of pay-off statements, ensures compliance with CFPB rules and mortgage servicing standards.

Designed to offer an efficient solution to the escalating challenges of mortgage loan servicers and subservicers, VisiPayOff integrates with leading IVR systems to provide a common rules-based platform for generating and processing pay-offs for all business channels. It is uniquely designed for easy integration with major servicing systems to enable real-time access to servicing data and provides options to use the built-in letter writers for pay-off statements.

“Changes in regulatory and compliance legislation have by far created disruption in the mortgage servicing industry, and the results have been significant financial losses. VisiPayOff has been designed to help servicers achieve improved profitability while keeping up with Federal and State regulations, as well as the requirements of master servicers, investors and guarantors in order to mitigate potential losses”, said Arshad Masood, CEO Visionet Systems, Inc.

For 20+ years, Visionet has been uniquely positioned as a comprehensive end-to-end mortgage service provider to both the origination and servicing sectors. With flexible staffing and delivery models, and innovative solutions, it has undertaken a diversified array of projects for some of the leading mortgage banks with large originations and servicing portfolios.

About Visionet Systems, Inc.

Cranbury, NJ based - Visionet Systems, Inc. (visionetsystems.com) is a full-service technology consulting and business process outsourcing company. Visionet delivers software solutions, services, and technology-led BPO products, which are built on the best-of-breed philosophy to help our customers increase business agility, drive down their costs, and reduce risks. Over the years, Visionet has engineered high performing and cost-effective solutions for its customers across diverse industries including, banking, retail, insurance, distribution and manufacturing, while building deep competencies in the IT Industry. We are focused on delivering value and exceeding customer expectations.

 
 
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Visionet Launches Automated Pay-Off Request Processing System

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Contact: Zubair Anjum - VisionetSystems.com 
609-452-0700 zubair.anjum[.]visionetsystems.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Visionet Systems, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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