Company Sees Growing Loan Servicing Automation Interest

Cincinnati, OH, February 10, 2014 – Paradatec, Inc. will be showcasing their automated document recognition and data extraction solution for the mortgage market at next week’s Mortgage Bankers Association National Mortgage Servicing Conference & Expo at the Hyatt Regency Orlando in Orlando, FL.  “With the new regulations taking hold in the mortgage market, having enriched and accurate data from your loan portfolio will be key to maximizing an organization’s productivity and compliance interests.  We continue to see great demand for our solution and are excited for the conversations that will take place next week,” said Neil Fraser, Director of US Operations for Paradatec, Inc. Demonstrations of their mortgage solution will be conducted in booth 317 of the Expo Hall during the conference’s published exhibit hours.
Paradatec’s solutions offer significant efficiencies for classifying large quantities of differing document types and extracting key data elements from those documents.  In the mortgage market, these capabilities allow for the quick and accurate identification of over 400 specific documents in the typical mortgage file, along with capturing nearly any data element from within the file that an organization requires.

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