ComplianceIn The News

Cenlar FSB And BaseCap Partner To Enhance Servicing Compliance

BaseCap Analytics, a provider of technology that empowers organizations to ensure data integrity and maximize automation, announces a pilot with Cenlar FSB, the nation’s leading mortgage subservicer, to enhance its compliance, increase its leverage of newly available technology and deliver a better experience for homeowners. 

BaseCap’s technology helps businesses overcome their data management and regulatory reporting by rapidly identifying data inconsistencies, paving the way for swift resolutions and improved accountability and accuracy. By leveraging BaseCap’s platform to ensure the accuracy of third-party data, Cenlar expects to fortify its compliance processes for all applicable regulations and increase operational efficiency.

“We are pleased to pilot BaseCap’s solutions in an effort to strengthen our ability to comply with an increasingly complex web of mortgage servicing regulations,” said Cenlar Senior Vice President of Loan Operations William Moffett. “Providing greater data transparency aligns with our commitment to using new technology to advance the homeowner experience.”

As the leading mortgage subservicer in the market, Cenlar is focused on the ongoing deployment of advanced automation solutions. By working with BaseCap, the company aims to improve the quality of the data to streamline internal processes and enhance productivity.

“By leveraging our proprietary data validation technology, organizations like Cenlar can improve the accuracy of their data in order to make faster decisions and deliver a better, trusted customer experience,” said Steve Smith, CEO at BaseCap Analytics. “We are thrilled Cenlar shares our mission to set a new standard for data integrity and trusted automation.”