MReport March 2020

TheMReport — News and strategies for the evolving mortgage marketplace.

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M R EP O RT | 45 Top 25 Fintech Innovators HEADQUARTERS LOCATION: Valley View, Ohio PHONE: 800.852.8306 WEBSITE: HEADQUARTERS LOCATION: San Francisco PHONE: 415.992.3270 WEBSITE: Safeguard Properties Snapdocs COMPANY DESCRIPTION: Safeguard Properties is the mortgage field services industry leader, inspecting and preserving vacant and fore- closed properties across the United States. With a focus and invest- ment in innovative technologies, Safeguard provides the highest quality service to our clients by proactively developing industry best practices and quality control procedures. We pride ourselves on our dedication to working with community leaders and officials to elimi- nate blight and stabilize neighborhoods across the country. INNOVATION SPOTLIGHT: SafeView Field Services Platform—integrated field services platform designed to improve the timeliness and quality of the services pro- vided to clients through the following six modules: • SafeView Connect—the integration gateway, allowing for configu- rable work orders, results, and invoicing data exchange that connects vendors, clients, and other partners. • SafeView Inspect—integrated mobile inspection app and administra- tive portal designed to provide full-service field support to property inspectors. • SafeView Preserve—multimedia mobile property maintenance app and administrative portal utilized by contractors to receive, assign, and complete property preservation work orders. • SafeView Access—for clients to manage their portfolio by providing property-level details, including the status of work orders, bids, and the results of work that has been performed. • SafeView Analytics—provides customizable, current, historical, and location-based data analytics and reporting of field services opera- tions through the life cycle of property inspections and maintenance. Additionally, SafeView has geolocation technology capabilities. COMPETITIVE ADVANTAGE: Safeguard Properties' IT solutions improve efficiency and quality by uti- lizing geo-location services, big data analytics and workflow distribu- tion, state-of-the-art data centers that ensure stability and redundancy, and multimedia mobile capabilities that provide real-time results. COMPANY DESCRIPTION: Powering over 1 million closings a year, Snapdocs is the industry's leading digital closing platform and the only one improving the mortgage closing process for everyone. Snapdocs arms lenders and settlement companies with the tools to fix underly- ing operational inefficiencies, while also propelling them into the digital future through advanced automation and artificial intelligence. Lenders and settlement agents are empowered to close more loans faster and at lower costs, while delivering a better borrower experience. INNOVATION SPOTLIGHT: • Existing Network of 50,000-plus Mortgage Professionals—be- cause of Snapdocs' existing adoption among settlement agents, lend- ers can easily roll out digital closings to their settlement partners.. • Automated Tagging of Any Document for eSigning—snapdocs' powerful AI can sort any loan package into wet-sign and eSign docu- ments and annotate documents for eSignatures in 11 minutes, on average. • Standardized Workflows for Wet, Hybrid, and eClosings—by reducing back-and-forth and eliminating varied ways of transferring documents, lenders and settlement work together more efficiently.. COMPETITIVE ADVANTAGE: Snapdocs Digital Closing Platform stands apart in the scale and speed at which its lender customers adopt digital closings. Lenders can digitize 99% of their closings in an average of 4 months, which results in real ROI. They're able to reduce the closing process by an average of 2 days, reduce errors that appear at the closing table by 80%, and delight bor- rowers with a frictionless 15-minute closing. TESTIMONIAL: "We originally learned about Snapdocs from our escrow partners, who spoke highly of the company and the platform. And Snapdocs, after reviewing all of the technology vendors out there, they really ended up being the right solution for us. They met all of our requirements, which pointed back to customer experience. We liked that they have the ability to tag all of our documents. And they were a vendor that our escrow partners liked and were using, so I knew I would have escrow acceptance." —Tamra Rieger, COO, Evergreen Home Loans

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