Mortgages go mobile with Kofax

Kofax has released its Mobile Capture for Mortgage app, which the company says allows lenders, brokers and borrowers to use cameras in mobile devices to capture, perfect and extract relevant information from supporting documents and deliver it directly into the appropriate loan processes.

Kofax claims Mobile Capture for Mortgage permits lenders to initiate application processes, obtain trailing documents and resolve exceptions faster and with more accuracy, resulting in higher levels of customer satisfaction and increased closing volume. Kofax Mobile Capture for Mortgage is part of the comprehensive Kofax Mobile Platform, which automatically captures and classifies incoming content. Key data elements are then extracted and their accuracy validated before being delivered into processes and workflows that orchestrate the business rules controlling customer engagements, says Kofax.