2017 HW Tech100 Winner: Rekon Technologies
Software reduces errors and penalties, streamlines lien release
Rekon’s leading software is the most widely adopted lien release and assignment technology in the mortgage industry and is used by the majority of the top 10 mortgage servicers. The software leverages automation to prepare lien releases and assignments according to the unique standards of each of the country’s recording offices.
The tool significantly increases efficiency while reducing recording errors and penalties, streamlining the lien release and assignment recording process to minutes instead of a days- or weeks-long process. Rekon maintains constant contact with the country’s 3,600-plus recorder’s offices, enabling the company to stay up-to-date of all changes in recording requirements.