Tampa, FL —October 8, 2013–NetDirector, a leading cloud provider of data exchange services, today announced the availability of their bi-directional interface with Equator. Equator is the leading provider of default software solutions for servicers, vendors and other mortgage and real estate industry professionals.The interface consists of referral/order downloads and bi-directional event/deliverables. This conveniently allows firms to communicate with Equator without leaving their case management systems (CMS). It also significantly saves on labor costs, improves data accuracy, and reduces exception handling.
The NetDirector-Equatorinterfaceis currently live with SHD LegalGroup, P.C. (shdlegalgroup.com)& Fabrizio & Brook, P.C.(www.fabriziobrook.com)for closing, eviction and title orders along with event/deliverables.These firms were selected by Fannie Mae as part of their integration initiative
Benefits of utilizing the NetDirector-Equator interface include:
- Closing, Eviction & Title orders with single data mapping
- Bi-Directional events/deliverables
- Reduce labor costs and data keying errors
- Monitor, store and forward if the Equatorweb service is unavailable
“Our customers that are already mappedand receiving referral/orders from other default servicingsystems -can implement Equator integration with minimal effort”, said Harry Beisswenger, CEO at NetDirector. “This innovative solution was really a joint endeavorbetween all parties. We appreciate the efforts of Equator, SHD Legal Group and Fabrizio & Brookfor their assistance with design, testing, and quality assurance. Looking ahead, we will continue to expandour portfolio of servicing system interfaces with the addition of Ocwen Real Resolution, LPS DIS Version 3, Fannie Mae Default Management Reporting System (DMRS) and many others.”
About NetDirector
NetDirector provides a cloud-based data exchange to improve process efficiency and standards compliance. NetDirector partners with its subscriber networkto provide a solution that allows them to move data and documents securely with a myriad of industry trading partners, including, a national attorney/trustee network, mortgage loan servicers, title providers, process servers, field service organizationsand many more. Premium services include:Military Search, Bankruptcy PACER Suite (National and Regional), SSN Finder, Death Search, Name & Address Search, NetCorrect Address validation/correction and NetExtract legal description conversion/formatting. NetDirector now processes more than 7 million data and document transactionseach month, andis a three-time member of the prestigiousInc.5000 list.For additional information, visit www.netdirector.biz
By Alexander Craddock
