Rekon

The Rekon Lien Release and Assignment Software is a solution designed to automate the lien release and assignment process for mortgage servicers and lenders. According to the vendor, this software is suitable for businesses of all sizes, from large institutions to smaller companies. Mortgage servicers, lenders, financial institutions, real estate companies, and title companies are among the many professions and industries that can benefit from this software.

Key Features

Lien Release and Assignment Software: This software automates the lien release and assignment process for mortgage servicers and lenders, ensuring compliance with recording requirements and reducing errors and penalties in document preparation and recording.

Produce documents quickly and accurately: According to the vendor, users can generate lien releases and assignments quickly and accurately, streamlining the document preparation process and reducing manual data entry and potential errors.

Comply with recording requirements: The software automatically applies the unique requirements of more than 3,600 recording offices, ensuring compliance with specific recording standards and regulations and reducing recording errors and penalties.

Automatically calculate recording fees: According to the vendor, the software calculates recording fees based on the specific requirements of each recording office, eliminating the need for manual fee calculations and ensuring accurate and consistent fee calculations.

Fully control workflow processes: The software provides fully integrated workflows for managing lien releases and assignments, allowing users to customize and control the workflow processes according to their specific needs, potentially improving efficiency and ensuring consistent processes.

Increase compliance rates: According to the vendor, the software helps users maintain high compliance rates with recording requirements, reducing the risk of errors and penalties and potentially improving overall compliance management.

Evenly distribute signing queues: The software distributes signing queues evenly among users, potentially ensuring a fair distribution of workload, improving efficiency, and reducing bottlenecks.

Electronically record documents: According to the vendor, users can electronically record lien releases and assignments, potentially streamlining the recording process and reducing the need for physical document submission.

Monitor productivity and performance: The software provides tools for monitoring and tracking productivity and performance, allowing users to measure and potentially improve staff productivity and gain insights into workflow efficiency.

Configure and schedule reports: Users can configure and schedule reports according to their specific needs, providing customizable reporting options and potentially easy access to important data and insights.