Company Sees Growth in Mortgage Servicing Market

Cincinnati, OH, February 16, 2015 – Paradatec, Inc. will once again 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 Gaylord Texan in Dallas, TX.  “Over the last year, we have enhanced our solution to address the many document variabilities which exist in the mortgage servicing market.  Since many of the documents related to servicing may not be as clean as those in an origination package, we’ve created new tools which allow our solution to flex with the content and extend the value of our solution further into the servicing market,” said Neil Fraser, Director of US Operations for Paradatec, Inc. Demonstrations of their mortgage solution will be conducted in booth 625 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 unique documents in the typical mortgage file, along with capturing nearly any data element from within the file that an organization requires. For more information, please visit www.paradatec.com.
###If you would like more information about this topic, please contact Paul Fischer at 262.685.7286 or  email at p.fischer@paradatec.com