Edison, NJ. Wednesday, January 11, 2023 – Indecomm, a leading provider of lending automation and tech-enabled mortgage services, announced today that it has significantly bolstered the number of jurisdictions where it offers its eRecording services, drastically expanding the capabilities of its U.S. Recordings solution. Adding to its already robust recording and eRecording coverage, Indecomm now offers electronic capabilities in 1900 jurisdictions, enabling more efficient, traceable, and timely document recording for its lenders and title company clients.
By enhancing its eRecording capabilities, Indecomm drastically reduces document recording turnaround times. In some jurisdictions, Indecomm is processing documents in as little as 12 days. These accelerated turnaround times significantly reduce human error, lost documents, and manual paper handling, all of which translate to on-time recordings and fewer recording fees and fines. Additionally, Indecomm’s clients get the added benefit of fixed pricing, giving clients greater cost predictability.
“Indecomm is committed to giving its clients the most streamlined and simplified document recording experience in the market,” said Executive Vice President, Global Operations, Venkatasubramanian (KVS) Krishnan. “Integrating with such a large number of digitally-friendly jurisdictions to Indecomm’s U.S. Recordings service will allow our clients to electronically record 70-80% of their documents, saving time, money, and resources.”
After bolstering its electronic recording capabilities, Indecomm’s overall reach for recording mortgage and security instruments spreads to 3200 counties and jurisdictions— i.e., the entire United States— with more than 50% of those jurisdictions now electronically enabled. The expansion is on par with Indecomm’s overall mission to create more automated, connected, and optimized processes for its clients and their home buyer customers who increasingly desire digital closing experiences.
Indecomm’s U.S. Recordings services are available as a standalone solution for lenders or as part of a packaged, comprehensive post-closing service offering, comprising tech-enabled post-closing audits, post-closing package preparation, and trailing document management.
“Indecomm is dedicated to giving clients easy access to future-ready document management operations,” said Gerrell Clardy, Vice President, PCH Operations. “Clients who use our eRecording solutions also have an opportunity for greater cost-savings and modernization when eRecording is used in conjunction with Indecomm’s tech-enabled post-closing and document management services.”
To help mortgage businesses become future-ready, Indecomm relies on its 25-year-long track record of deploying automation, technology, and mortgage process expertise. In addition to adding to its eRecording capabilities, the company innovates mortgage automation and technology products and develops intelligent mortgage workflows that enable a cohesive hand-off between humans and automation. Indecomm’s Post-Closing Hub is one such service. To learn more about Indecomm’s document management solutions, visit https://indecomm.com/solutions/document-management
Founded more than 25 years ago, Indecomm blends intelligent automation with deep mortgage banking expertise to deliver groundbreaking mortgage innovations that help businesses optimize operations and achieve competitive advantage. Backed by a 1500-strong global workforce, Indecomm’s automation-as-a-service approach benefits mortgage organizations, enabling them to offer better borrower experiences by streamlining middle and back-office operations.
Indecomm takes an automation-first approach, partnering with large and mid-sized lenders, servicers, mortgage insurers, and title companies to create efficiencies at every phase of the mortgage lifecycle. Specifically, Indecomm products and services leverage robotics process automation (RPA), supervised automation, and machine learning to tackle the industry’s most complex operational challenges.