Foreclosure and Bankruptcy Management demo
Every defaulted loan on one timeline — foreclosure, bankruptcy and workout lanes — with any colliding step held automatically. 1:13
What the demo shows
A default solution for mortgage servicers: foreclosure, bankruptcy, workout on one timeline.
Six agents watch the attorneys, loss mitigation and the bankruptcy courts for every file and lay each loan out as three lanes on one timeline, with state and investor deadlines marked. The moment a foreclosure step lands on a bankruptcy stay or a protected workout review, it is held in the attorney's portal; the specialist approves the written instruction, and every attorney invoice is checked against the work actually done.
Transcript
- Foreclosure and Bankruptcy Management puts each defaulted loan's foreclosure, bankruptcy and workout on one timeline.
- Attorneys, courts and loss mitigation use separate systems so a sale can land inside a stay.
- Each loan is a swim lane.
- Overnight, three files collided and were held automatically.
- At 9.08, the Ortiz's attorney moves their sale to the 10th of November.
- It lands on the bankruptcy stay, automatic stay hold.
- The Whitlow's workout was completed 53 days before their sale, so those steps are held too.
- Lena checks the file.
- Six agents confirm the rule and draft the instruction.
- She signs, the attorney acknowledges, and no step is taken inside a stay or a pending workout.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.