The RxOffice Management Solution platform is incredibly flexible and is deployed in various contexts in the financial services sector. RxOffice configurability gives clients customized solutions without expending capital for software development. Regulatory compliance is a major cost and risk factor for the mortgage banking industry. A significant component of risk and expense is regulatory change management, which entails staying abreast of federal, state and agency requirements. RxOffice’s method for doing so eliminates significant costs in chasing regulations, which eat up nearly 40% of the time spent by resources charged with maintaining and updating regulations.
- Reduced calls to servicers’ by nearly 20%
- Higher volumes of successful loss mitigation
- Higher customer satisfaction ratings