Excerpt from “One-on-One: The Mortgage Note Interviews BaseCap CEO Steven Smith” by Kimberley Haas.
The leader of an analytics business that provides technology for companies in the mortgage space says they are on a mission to set a new standard for data integrity and trusted automation.
According to Steve Smith, CEO and co-founder of BaseCap Analytics, there is a need industry-wide for clean, accurate records. By leveraging validation technology, companies can streamline internal processes and let their employees focus on activities that enhance productivity.
BaseCap Analytics can also help companies with regulatory reporting and compliance. The company recently announced a pilot with Cenlar FSB, the nation’s leading residential mortgage subservicer.
“We are pleased to pilot BaseCap’s solutions in an effort to strengthen our ability to comply with an increasingly complex web of mortgage servicing regulations,” Cenlar Senior Vice President of Loan Operations William Moffett said in a statement.
Moffett added that providing greater data transparency aligns with their commitment to using new technology to advance the homeowner experience.
Smith recently sat down with Editor Kimberley Haas to talk about his business and how they help companies improve the accuracy of their data to get ahead of the competition.
