Medallion's settlement solutions extract data from documents and images throughout the closing process. These solutions help settlement services companies automate the entire pre- and post-close settlement process. The end result is no rekeying, far fewer errors, and very importantly, lower cost.
A simple upload of any loan package into the web-based Medallion platform turns your documents into data you can separate, audit and restack. Because our settlement solutions are web-based, there is no need to integrate or maintain.
Medallion HUD Prep Tool™ automatically extracts the data from the lender’s closing instructions and pre-populates the HUD-1 settlement statement. This means the settlement services company now has no re-keying of data, resulting in measurable time savings and labor reduction, as well as significant improvements in quality. Find more about Medallion HUD Prep Tool™.
Medallion Post-Close Tool™ provides an automated post-closing audit and delivery solution that sorts and audits the post-closing documents to ensure accuracy and completeness. It then re-arranges and delivers the documents electronically based on lender or investor specifications, all within minutes. Find more about Medallion Post-Close Tool™.