Covius’ loss mitigation services have been integrated with Clarifire’s business process automation platform, the companies announced.
The integration enables Clarifire users to order Covius’ credit, valuation, tax, HOA, title and loan modification documents services directly from their Clarifire dashboard.
“Servicers are looking for fast, accurate and defendable loss mitigation recommendations that offer better outcomes for both borrowers and investors,” Covius Head of Servicing and Capital Markets Solutions Pete Pannes said in a release. “Combining Clarifire’s workflow solutions with Covius’ suite of tech-enabled offerings will give them a ‘one-stop’ access and eliminate the need for multiple application programming interfaces.”
Clarifire said its platform allows users to order most third-party products and services needed as part of any loss mitigation workout strategy through a single interface and a single vendor relationship.
“This centralized integration complements our dynamic, cohesive, connected secure application and adds further value to our joint clients that are progressively seeking more and more automation,” Clarifire CEO Jane Mason said. “Covius’ expertise in the loan modification process and its full range of products and services will deliver greater efficiencies and scalability to our clients.”