Collateral Insurance & Lien Tracking demo
Every insurance certificate, flood policy and lien filing read and watched, each renewal and lapse date on one calendar. 1:14
What the demo shows
A tracking solution for lenders that reads insurance, flood and UCC filings for gaps.
Six agents read each certificate, flood policy and UCC filing against the loan agreement and last year's evidence, put each renewal and lapse on one twelve-month calendar, and draft the notice, the force-placement request or the UCC-3 as soon as something is short. A person sends each one.
Transcript
- Collateral Insurance & Lien Tracking reads every policy and UCC filing behind a loan book.
- Today they sit on ticklers and a lapse is found at a loss or an exam.
- The home is the year ahead.
- Every renewal and lapse shaded by day.
- Turn on UCC filings.
- April 21st darkens with six continuations for one borrower.
- One lapses in nine days.
- Continuation drafted. One approval files it.
- The lapse moves to 2032.
- It reads the certificates too.
- This renewal dropped the bank as mortgagee and is $1.9 million short.
- The notice is drafted with the agreement cited.
- Flood keeps its 45-day clock.
- Nothing lapses unseen. Every gap is flagged weeks ahead with its notice ready.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.