One-on-One: The Mortgage Note Interviews BaseCap CEO Steven Smith

mortgage note interview with Steven Smith

If you’ve been through a mortgage closing before, there’s a lot of documents you sign, right? And those go into a folder, right? And then they, from the borrower’s perspective, they sort of disappear.

Did they disappear? No, they’re absolutely still filed somewhere. Everyone relies on them because they’re the official record of the loan.

Think about this as eight different entities coming together at all times, touching and needing this information, and people copy it, people take versions of it. The need for one clean, accurate record that’s consistent across all of these parties is a major need and challenge in the industry today.

Unlocking Self-Serve OCR

Optical Character Recognition (OCR) converts text in pdfs and images into machine-readable data. BaseCap makes OCR self-serve for everyone at your org.