AccuPost Technology Helps Relieve Pressure on Post-Closing.

AccuPost PCS, a provider of post-closing technology and outsource services, is rolling out a new enterprise software solution designed to help mortgage lenders better manage post-closing activities on their loans.

The company, which is inviting prospective clients for a test drive in their hospitality suite at this year's annual convention, hopes that the new AccuPost Post-Closing System, or PCS, will help lenders manage backlogs like the ones caused by the heavy lending volume of the past few years.

Heavy volume may be causing some lenders to experience an increase in processing errors, incomplete documentation, and potentially late submissions of loan documents, according to AccuPost's founders. For that reason, they expect lenders will be paying a lot of attention to issues related to productivity and efficiency at this year's 90th Annual Mortgage Bankers Association Convention in San Diego.

They believe PCS can help lenders on both sides of that equation. Dick Solheim, CEO of AccuPost, said that PCS helps reduce the pressure on lenders by providing the right mix of checklists and workflow to help insure that requirements for loan processing are met and to minimize the number of errors that might get a loan rejected for insurance or sale.

The system was designed as an application service provider, so lenders have little in the way of hardware requirements. The only technology they need is an Internet Explorer and Web access.

The PCS has built-in work queues that guide post-close processing so that all requirements are addressed and every loan is handled the same way, from documentation through managing exceptions. ...