Technology
Q-Close™ Automates Loan File Audits
Aklero’s ground breaking Q-Close™ technology enables users to rapidly and accurately audit loan files by eliminating manual “Stare and Compare” checklist processes.
Our solution starts with the use of robust document management technology and workflow processes to enable accurate recognition, extraction and validation of hundreds of data elements within mortgage loan files.
Each loan file receives a sophisticated Alert Summary in which findings are categorized and graded for severity. Missing documentation, incorrectly executed disclosures, data discrepancies and more are immediately dispersed to the personnel most capable of remediation. Use your time and resources to highest productivity and allow Q-Close™ to find and measure file flaws while you correct them.
Beyond the Document Management and Data Extraction capabilities, the Q-Close™ “Software as a Service” (SaaS) platform:
- Automates the commonplace manual “checklist” procedures for validation of file data and documentation against expected content from LOS or other sources.
- Distributes workflow for Curing and Tracking of Loan File Defects
- Provides Electronic Delivery of Data & Docs to investors
- Integrates with your existing document management or LOS system
- Offers embedded BUSINESS INTELLIGENCE for dynamic monitoring of loan quality and employee/vendor performance.
If you seek operational efficiency and risk reporting analysis, you have found your solution in Q-Close! Click here to start enhancing your loan quality initiative.
