FEMA Automation
FEMA Automation
Check loan files with the FEMA database
Ability to auto-check loan files with the FEMA database to check if there are any declared disasters. This check can be run using business rules at the loan level and also at a batch level using reporting criteria. Custom fields are updated with disaster data once the check has run. Hard stops can be created to make sure the needed appraisal reports can be ordered.
Enhanced Disaster Selection: Choose which disaster to apply to a loan file when multiple disasters are found on a property
Encompass 23.3 Integration: Ensures all found disasters are populated in the appropriate standard fields
Additional Data Points: Additional data points increasing the depth of disaster-related insights
ROI: For every 100 closed loans, this tool eliminates 6,002 clicks, and more than 6 hours of manual efforts per month.