SARA MAE  

Electronic Mortgage Recording Requirements — SIMPLIFIED

 
ABOUT SARA MAE

Who We Are

SARA MAE was created to be the premier, single-vendor / single-solution for automating and managing electronically recorded mortgage requirements. Its co-founders leveraged 40+ years of strategic leadership experience in the mortgage industry to solve these challenges with a solution that significantly reduces impact on internal resources, streamlines workflow, enhances data accuracy, and provides greater insight into your servicing pipeline.

By choosing SARA MAE, not only do you get a remarkable solution, you also get a dedicated team to provide reliable and consistent assistance, custom enhancements, and informational insights. Unparalleled service is our passion and we do not take your trust and confidence lightly. Ultimately, by partnering with SARA MAE you spend much more of your valuable time and resources on projects that generate revenue for you, not fulfilling requirements.

 
THE CHALLENGE

Electronic Mortgage Recording Requirements:

  • Produce and upload multiple, specifically-formatted transaction files DAILY
  • Download, parse, & review up to 70 transaction-specific error/verification reports DAILY
  • Download, parse, review & action several reconciliation reports MONTHLY
  • Complete a BIENNIAL Review process
  • Complete an ANNUAL Audit process
  • Correct loan registration/transfer discrepancies
  • Ensure data provided is accurately maintained for the life of the loan

Impact to your time, resources and profitability:

The benefits of recording mortgages electronically are substantial, but these additional responsibilities are not generating revenue for you. The above requirements are a cost of doing business, and consuming valuable operations, technology, finance and legal resources.

Now more than ever, lenders are operating as lean as possible and positioning for growth. With growth, post-closing resources can be pushed to their limits, making the fulfillment of mortgage recording requirements even more challenging. These growing pains can add significant strain and stress on your associates unnecessarily.

With SARA MAE, you can be confident that we are automating the processing and identifying just the relevant items that need to be addressed on a daily basis. We are eliminating the guess work, detailing an efficient workflow and providing transparency about your servicing pipeline — all with minimal resources required. The end result is a much more manageable workload with a solution that is well-equipped to handle your company's anticipated growth without disruption.

 
THE SOLUTION

You Provide a Daily Data File — We Handle Everything Else

The solution is simple. You create a daily data extract file, which is typically automated by your Loan Origination System (LOS) and/or Servicing Platform (SP). SARA MAE will process that file, along with the previous day's confirmation/reject reports and determine which transaction files need to be generated and delivered.

As part of the processing, we will analyze your data to identify new daily reconciliation items, uncover any processing warnings or errors and update your servicing pipeline information. We then organize this information and display it to you in a complete, concise dashboard that outlines your daily workflow and provides transparency regarding subservicer changes to data within your servicing pipeline.

You will then quickly work small batches of reconciliation items on your timetable, and eliminate the need to work on a large set of issues on a monthly or quarterly basis. By doing so, your data will be current, accurate and easily accessible. Audits and Reviews will become a breeze, and require almost no effort on your part.

 
YOUR MOVE

Make Your Strategic Play Now

Use this opportunity to learn more about SARA MAE and how we can save you time, money and frustration. You are aware of the benefits and efficiencies to be gained by partnering with us. Now, learn how simple the solution is to implement and use in the real world. Schedule a SARA MAE Demo for a complete picture of our unique solution. Request our Implementation Packet and be amazed by how little time will be required of your resources and how quickly you can begin streamlining your electronic mortgage recording processes. Simply reach out and ask a question — we want to hear from you!

Please keep in mind SARA MAE does not charge an implementation fee, and since we offer our services on a month-to-month basis, you are never locked into a long-term commitment. Let's get started!