First American Mortgage Solutions, LLC completed its strategic integration with Clarifire, a workflow automation provider that automates orders of First American Mortgage Solution’s FirstMod loss-mitigation products and services suite for CLARIFIRE technology users.
Loss-mitigation document generation, title reports, partial claims and lien priority insurance now can be delivered directly to CLARIFIRE user dashboards-eliminating most manual input from the process, the company announced in a press release.
This strategic integration helps lenders and servicers more efficiently process loss mitigation options for borrowers. Utilizing the CLARIFIRE workflow automation, First American’s FirstMod aligns with servicing processing teams’ loss-mitigation workflows to help reduce costs, increase compliance, improve data integrity and quality, and reduce turn times, while improving the overall borrower experience, the company stated.
“During this time of high-volume forbearance requests and daunting loss mitigation demands, the integration of First American’s FirstMod suite with Clarifire’s workflow automation product, CLARIFIRE, will provide great flexibility and automation capabilities, shortening turnaround times while maintaining compliance for these critical processes for lenders and servicers,” Chris Brinkley, senior vice president, Servicing Division Business Operations, First American Mortgage Solutions, said in the release. “Many consumers are facing economic uncertainty, so deploying workflow automation quickly is critical to help servicers keep borrowers in their homes.”
“We are excited to offer this new integration with First American Mortgage Solutions’ FirstMod to our clients,” Clarifire CEO Jane Mason said. “Seamless and effortless accessibility to products and services that the industry needs from within the CLARIFIRE application takes process automation to the next level. Having companies like First American as one of the automated service providers elevates the industry responsiveness and drives positive results.”