TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/522162
40 | Th e M Rep o RT Special Advertorial Section Technology guide CORPORATE PROFILE Since 1993, Orion has partnered with the mortgage/ servicing industry. Orion guarantees top performance in document services by delivering advanced technology along with a dedication to customer service. Orion offers a complete line of mortgage assignment, lien release, and document retrieval services all expertly managed in one place. In today's mortgage industry, the risks are everywhere. Orion uses the most advanced recording technologies in the market, saving servicers and investors valuable time and money. Orion has a wide array of document services and imaging and storage solutions, which include collateral file reviews and tracking, assignments, and lien releases, title searches and policy retrieval, document retrieval, and document recording/e-recording. KEy FEATuREs • Orion's proprietary software, DocPro!, positions the company to handle high-volume projects with multiple assignors and/or assignees that need recording in numerous recording jurisdictions. • Innovative in-house mail system developed to streamline and expedite the back-end processing—requiring other companies to require a staff of 20 or more to match Orion's processing power. • Orion's proprietary software, i3, provides collateral file review, imaging, and storage of original documents for the small to medium-size investor. KEy BENEFITs • DocPro enables Orion to process high-volume business with virtually no rejections—the rejection rate is the lowest in the industry. • Orion has the ability to create documents at a rate 50–75 percent higher than the industry average, enabling the company to handle significant document recording volume. • Orion's research and retrieval department has a 92 percent success rate on helping investors complete their collateral file with the necessary documents. PRODuCT sOLuTION Collateral File Review & Tracking i3—With i3, Orion creates customized solutions that can be tailored to best meet your needs, whether you're looking for a simple scan of collateral files or a full-service collateral file review that includes tracking and retrieval of missing documents. With i3, Orion provides: • The ability to identify individual loan types and specific portfolios by seller. • Customizable sets of standard documents, defined by Orion or the client. • 24/7 image accessibility via Orion's secure website. • Security—only authorized users are given access to documents and files. • Full tracking of documents, whether they're checked in or checked out. Assignments, Lien Releases • Automatic e-recording • Compliance tracking and recording • Secure, customized updates—daily, weekly, or monthly • Images for all recorded documents and image- enabled workflows • Current document status via customized reports or the Orion website • Uniform Commercial Code (UCC) recordings and releases • Tracking of document recordings by county. • Documents are county-specific to help eliminate rejections and expedite the recording of your assignment/lien release Document Retrieval • Orion locates companies for intervening assignments to help clients expedite the assignment/lien release process or finalize post- closing requirements. • Orion's electronic processing systems enable the company to import the basic information about a document and begin the retrieval process instantly. • Title searches and policy retrieval—having a final title policy is essential to any mortgage transaction. E-recording • When a county comes online with e-recording, Orion simply adds that county to its e-recording system. • All of a client's documents are automatically converted into electronic format. • Orion was the first to record electronically in Colorado, Michigan, Pennsylvania, and Texas. • Orion performs e-recording in approximately 800 counties in more than 36 states. AWARDs, ACCOLADEs Selected to INC 5000 list of fastest growing privately held companies 2013 and 2014 key personnel Mike Wileman President & CEO Deanne Wileman EVP & Director of Human Resources Chuck Hall SVP of Operations Connie Riggsby VP of Mortgage Services Division Janell Junkin Manager of Client Services Division contact information 2860 Exchange Blvd. Suite 100 Southlake, TX 76092 Phone: 817.424.1175 Web: OrionFGI.com Orion Financial Group, Inc.