VAT Mortage Services (VAT-MS) provides an array of technology products designed for late-stage default solutions. VAT-MS blends comprehensive rules-based technology, workflow, and reporting in one package to meet the demands of any mortgage servicer.
Providing an array of technology products designed for late-stage default default solutions, VAT Mortgage Servicers (VAT-MS) blends comprehensive rules-based technology, workflow, and reporting in one package to meet the demands of any mortgage servicer.
Anchored by its Cloud-Claims platform, VAT-MS offers its clients an integrated mortgage insurace claims solution that extracts and validates existing loan data to ensure any claim filed is accurate, complete, and captures the maximum benefits.
Filing a mortgage insurance claim used to be hard and often exposed lenders and
mortgage servicers to curtailments penalties, and regulatory findings. Cloud Claims has changed
the landscape by integrating loan servicing data with unparalleled rules-based and loss analysis
At the heart of the Cloud-Claims platform lies a powerful tool that takes the guesswork out of recovering potential losses and filing mortgage insurance claims. The Comprehensive Rules Engine (CRE) provides a total package of all requirements, regulations, and calculations needed a accurately capture maximum claim benefits.
The biggest risk associated with claims processing is after the hard work is done and the bottom
line has to be calculated. Cloud Claims provides end-to-end calculations throughout a claim’s Iifecycle enabling
servicers to know what has been submitted and what was actually paid by the insurer or investor.
Filing a mortgage insurance claim involves many moving parts and multiple parties. Cloud Claims provides tools to help track and understand where in the process each claim is, as well as what amounts have been claimed, what hasu been paid by the insurer and investor, and what the overall bottom line is for a portfolio.