Edison, NJ – MAY 29, 2019 – Indecomm Global Services, a leading provider of business process as a service (BPaaS), software as a service (SaaS) technology, and learning solutions for the mortgage industry, today said that BBVA Compass has selected its IncomeGenius® software as the automated income calculation platform for its mortgage business.
IncomeGenius® enhances the mortgage loan origination process by getting accurate income information right at the beginning of the loan transaction. It alerts the borrower about missing income documents and additional potential income and reduces tax return review time by as much as 50 percent.
“We at Indecomm are excited to help BBVA Compass provide their loan originators, loan processors, and underwriters with full transparency into all aspects of the income calculation,” said Rajan Nair, CEO, Financial Services, Indecomm Global Services. “The ability to have accurate income analysis from the start of the transaction will save time and money while decreasing risk and improving compliance.”
IncomeGenius® simplifies the task of calculating income by using intelligent data extraction and machine learning technology to provide a complete picture of a borrower’s income. The automated SaaS technology reads and analyzes borrower income documents and calculates qualifying income associated with the mortgage loan in a consistent manner.
About Indecomm Global Services
Indecomm was founded in 2003 as a technology-enabled services company focused on high-speed document imaging technologies and automated data capture from structured and unstructured forms, with an innate ability to apply these technologies meaningfully to improve operational efficiency and client experience. We have been consistently ranked among the Global Top 100 IT and ITeS providers. With over 3,800 associates in 21 locations, Indecomm services its clients from global delivery centers and offices in the United States, Mexico, Costa Rica, the United Kingdom, India, Malaysia, Singapore, Indonesia, the Philippines, Mauritius, and the Cayman Islands. We have active business engagements with over 300 global clients, including 20+ Fortune 500 companies. Visit http://www.indecomm.com or call (732) 404-0081 to learn more.
About Indecomm Mortgage Services
Indecomm Mortgage Services is a leading provider of business services and technology for the US mortgage industry. With solutions for every stage of the mortgage lifecycle, Indecomm Mortgage Services provides outsourcing services, software as a service (SaaS) technology, and learning solutions to support the various needs of mortgage industry clients. With a proven track record of over 25 years in the mortgage industry, Indecomm partners with large and mid-sized lenders, servicers, and title companies as a trusted partner with a singular focus – helping them grow. Visit https://indecomm.com or call (732) 404-0081 to learn more.
Krista K. Sabol – Marketing Director, Financial Services
Indecomm Global Services
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