Prologiq Business Services is a business process management company that provides back office services to US mortgage companies. It offers services across the entire loan life cycle including loan processing, underwriting, appraisals, title services, and transaction coordination. The company aims to function as a low-cost offshore center to help clients increase returns and reduce operational risks. It provides 24/7 availability, scalability, and keeps client information confidential.
CoesterVMS Day 1 Certainty - CoesterVMS Compliance, CoesterVMS Reviews Brian Coester
About CoesterVMS
CoesterVMS is a nationwide appraisal management company that specializes in providing comprehensive management of appraisal operations for mortgage lenders. CoesterVMS’ in-house appraisal management solution combines the best service with the most advanced technology on the market. CoesterVMS guarantees all appraisal reports to fully comply with all regulations and guidelines. The company's Cloud Control appraisal management technology is the only software of its kind to be built on the award-winning Salesforce.com platform, and its “Coester-Mer” service is earning the company a reputation for the best customer service in the industry. Headquartered in Rockville, Maryland, CoesterVMS was founded as a local appraisal company and has since grown to a formidable nationwide force in the appraisal management segment. For more information please visit CoesterVMS online at www.CoesterVMS.com.
How to improve the contract management processSreekanthPawle
Did you know contracts dominate 70- 80% of your business?
46 cents out of every $1 spent on legal services goes on external costs!
The contract management process is vital for businesses to survive and grow. Companies can save up to 2% of their total annual cost by using advanced contract management software, but more importantly helps manage operational and financial risk. Hence, it creates a need to improve the contract management process. For example, automating contract management helps:
Decrease negotiation cycles by 50%
Trim incorrect payments by 75 to 90%
Reduce operating & processing costs of contract management by 10-30%
Reduce Operational and financial risk
CoesterVMS Day 1 Certainty - CoesterVMS Compliance, CoesterVMS Reviews Brian Coester
About CoesterVMS
CoesterVMS is a nationwide appraisal management company that specializes in providing comprehensive management of appraisal operations for mortgage lenders. CoesterVMS’ in-house appraisal management solution combines the best service with the most advanced technology on the market. CoesterVMS guarantees all appraisal reports to fully comply with all regulations and guidelines. The company's Cloud Control appraisal management technology is the only software of its kind to be built on the award-winning Salesforce.com platform, and its “Coester-Mer” service is earning the company a reputation for the best customer service in the industry. Headquartered in Rockville, Maryland, CoesterVMS was founded as a local appraisal company and has since grown to a formidable nationwide force in the appraisal management segment. For more information please visit CoesterVMS online at www.CoesterVMS.com.
How to improve the contract management processSreekanthPawle
Did you know contracts dominate 70- 80% of your business?
46 cents out of every $1 spent on legal services goes on external costs!
The contract management process is vital for businesses to survive and grow. Companies can save up to 2% of their total annual cost by using advanced contract management software, but more importantly helps manage operational and financial risk. Hence, it creates a need to improve the contract management process. For example, automating contract management helps:
Decrease negotiation cycles by 50%
Trim incorrect payments by 75 to 90%
Reduce operating & processing costs of contract management by 10-30%
Reduce Operational and financial risk
Lecture series on Civil Engineering - Estimation and Costing Specification in...John Sushil Packiaraj
This is the first in this series of lectures on Estimating and Costing of Civil Engineering Works. In this lecture, the general principles of contracting will be studied in this lecture.
The aspects of tenders and specifications is introduced in this lecture.
Every contract requires clear and detailed specifications. Contract Specifications impact the cost of a project and the very premise of quantity surveying and estimation will be greatly impacted by specifications.
This lecture intends to demonstrate with practical examples to make the concepts come to life.
The video of this lecture is available on YouTube at https://youtu.be/GaI9fxOEoGQ
The next slide show in this series can be found at https://www.slideshare.net/JohnSushilPackiaraj/lecture-series-on-civil-engineering-indian-contract-act-its-importance-to-engineering-contractsto-civil-enginei
Do share your feedback and comments. Trust you find this useful.
Lecture series on Civil Engineering - Understanding Crucial aspects of constr...John Sushil Packiaraj
This is the third presentation in this series of lectures on Estimating and Costing of Civil Engineering Works.In this lecture, we will be looking at
* How tenders are created
* What goes in an organization when a tender is created
* How to do the costing as a contractor
* What should go into the cost of the project
* Risk cover in construction project
The important aspects that have to be covered in a tender are covered here. The costing aspect from a contractual point of view and how to focus on contract costing with an objective to win the bid and also make a profit is covered. Contract risk management in a construction contract is explained with practical case studies.
It is aimed to help the follower of this video an understanding of why a particular aspect is addressed in tender documents.
Some of the concepts as the difference between a green field and a brown field project, how to think while doing the costing, how to work out the different heads while costing, introduction to e-tenders, preparing a tender, evaluation of tender submitted is given here.
It is hoped that a civil engineer, fresh out of college, will find this lecture helpful in understanding the working of the tendering departments - both from client-side and from the point of a contractor. This lecture intends to demonstrate the same with practical examples to make the concepts come to life.
The video lecture delivered based on this slide show is available on https://youtu.be/Xy7LzoP3Has
The previous slide shwo of this series can be found in https://www.youtube.com/redirect?q=https%3A%2F%2Fwww.slideshare.net%2FJohnSushilPackiaraj%2Flecture-series-on-civil-engineering-indian-contract-act-its-importance-to-engineering-contractsto-civil-enginei&redir_token=hlQ8e3nicsh68iznQAbjGYr3JKZ8MTU3OTgxMTcyNkAxNTc5NzI1MzI2&event=video_description&v=b04pgNXgZGg
The next slide show in this series can be found at https://youtu.be/66eAVGc-BeM
Do share your feedback and comments. Trust you find this useful.
*Connect With Me:*
We are social
YouTube Channel: http://www.youtube.com/c/JSPtube
LinkedIn: https://www.linkedin.com/in/jspackiaraj
Facebook: https://www.facebook.com/jspackiaraj
Automated IT Vendor Invoice Data Extraction and PO Matching on ServiceNowAavenir
A client story of a leading Pharmacy Benefit Manager (PBM)| Read how aavenir helped the life science industry experience 80% faster invoice lifecycle time and more accurate ways to match invoice data.
Case Study:
https://aavenir.com/case-study/a-leading-pharmacy-benefit-manager-pbm-automated-invoice-data-extraction-and-po-matching-on-servicenow/
Why is contract obligation management the need of the hour?Aavenir
As per the study conducted by McKinsey & Company, the estimated leakage due to unfulfilled obligations is around 3-4% in large enterprises. For an enterprise with $5 billion in annual spend, that adds up to $150 million or more a year.
In this SlideShare, you'll learn how to properly manage your contract obligations.
To know more visit - https://aavenir.com/contractual-obligations-fulfillment-compliance-monitoring-management-software/
3 Features to Consider for your RFP Software on ServiceNowAavenir
RFPflow allows anyone to request direct and indirect procurements offers from various vendors and select the best-value vendor, both in regards to skills and budget.
Explore more about how the procurement team easily collaborates with enterprise teams to create an RFP questionnaire and execute a supplier response collection process on ServiceNow.
https://aavenir.com/resources/aavenir-rfpflow-request-for-proposal-management-for-servicenow/
In the COVID-19 era, when there is a greater need for collaboration, companies are finding it difficult to keep up with compliance and regulatory requirements. Agile contracts make it easier to collaborate and achieve end goals.
Read all about agile contracts and managing them: https://aavenir.com/what-are-agile-contracts/
All you want to know about Outsourcing Post-Closing Mortgage AuditGloriaFlorence2
Mortgage Post-Closing is a process that is performed after the mortgage document has already been signed. For more information, please click on below link: https://www.maxbpooutsourcing.com/mortgage-process-outsourcing .
Rfp management for healthcare standardize & streamline your rfp processAavenir
For procurement and proposal teams working in the healthcare industry, the importance of exchanging information quickly and accurately goes beyond cost savings and winning new business.
In this Slideshare, you’ll learn the ins and outs of the healthcare RFP;
https://aavenir.com/the-healthcare-sourcing-fast-track-vendor-selection-using-rfp-rfi-rfq/
Miritec specialists develop custom software to meet demands of any business. Learn from our case studies how to meet your targets with only one IT solution.
Lecture series on Civil Engineering - Estimation and Costing Specification in...John Sushil Packiaraj
This is the first in this series of lectures on Estimating and Costing of Civil Engineering Works. In this lecture, the general principles of contracting will be studied in this lecture.
The aspects of tenders and specifications is introduced in this lecture.
Every contract requires clear and detailed specifications. Contract Specifications impact the cost of a project and the very premise of quantity surveying and estimation will be greatly impacted by specifications.
This lecture intends to demonstrate with practical examples to make the concepts come to life.
The video of this lecture is available on YouTube at https://youtu.be/GaI9fxOEoGQ
The next slide show in this series can be found at https://www.slideshare.net/JohnSushilPackiaraj/lecture-series-on-civil-engineering-indian-contract-act-its-importance-to-engineering-contractsto-civil-enginei
Do share your feedback and comments. Trust you find this useful.
Lecture series on Civil Engineering - Understanding Crucial aspects of constr...John Sushil Packiaraj
This is the third presentation in this series of lectures on Estimating and Costing of Civil Engineering Works.In this lecture, we will be looking at
* How tenders are created
* What goes in an organization when a tender is created
* How to do the costing as a contractor
* What should go into the cost of the project
* Risk cover in construction project
The important aspects that have to be covered in a tender are covered here. The costing aspect from a contractual point of view and how to focus on contract costing with an objective to win the bid and also make a profit is covered. Contract risk management in a construction contract is explained with practical case studies.
It is aimed to help the follower of this video an understanding of why a particular aspect is addressed in tender documents.
Some of the concepts as the difference between a green field and a brown field project, how to think while doing the costing, how to work out the different heads while costing, introduction to e-tenders, preparing a tender, evaluation of tender submitted is given here.
It is hoped that a civil engineer, fresh out of college, will find this lecture helpful in understanding the working of the tendering departments - both from client-side and from the point of a contractor. This lecture intends to demonstrate the same with practical examples to make the concepts come to life.
The video lecture delivered based on this slide show is available on https://youtu.be/Xy7LzoP3Has
The previous slide shwo of this series can be found in https://www.youtube.com/redirect?q=https%3A%2F%2Fwww.slideshare.net%2FJohnSushilPackiaraj%2Flecture-series-on-civil-engineering-indian-contract-act-its-importance-to-engineering-contractsto-civil-enginei&redir_token=hlQ8e3nicsh68iznQAbjGYr3JKZ8MTU3OTgxMTcyNkAxNTc5NzI1MzI2&event=video_description&v=b04pgNXgZGg
The next slide show in this series can be found at https://youtu.be/66eAVGc-BeM
Do share your feedback and comments. Trust you find this useful.
*Connect With Me:*
We are social
YouTube Channel: http://www.youtube.com/c/JSPtube
LinkedIn: https://www.linkedin.com/in/jspackiaraj
Facebook: https://www.facebook.com/jspackiaraj
Automated IT Vendor Invoice Data Extraction and PO Matching on ServiceNowAavenir
A client story of a leading Pharmacy Benefit Manager (PBM)| Read how aavenir helped the life science industry experience 80% faster invoice lifecycle time and more accurate ways to match invoice data.
Case Study:
https://aavenir.com/case-study/a-leading-pharmacy-benefit-manager-pbm-automated-invoice-data-extraction-and-po-matching-on-servicenow/
Why is contract obligation management the need of the hour?Aavenir
As per the study conducted by McKinsey & Company, the estimated leakage due to unfulfilled obligations is around 3-4% in large enterprises. For an enterprise with $5 billion in annual spend, that adds up to $150 million or more a year.
In this SlideShare, you'll learn how to properly manage your contract obligations.
To know more visit - https://aavenir.com/contractual-obligations-fulfillment-compliance-monitoring-management-software/
3 Features to Consider for your RFP Software on ServiceNowAavenir
RFPflow allows anyone to request direct and indirect procurements offers from various vendors and select the best-value vendor, both in regards to skills and budget.
Explore more about how the procurement team easily collaborates with enterprise teams to create an RFP questionnaire and execute a supplier response collection process on ServiceNow.
https://aavenir.com/resources/aavenir-rfpflow-request-for-proposal-management-for-servicenow/
In the COVID-19 era, when there is a greater need for collaboration, companies are finding it difficult to keep up with compliance and regulatory requirements. Agile contracts make it easier to collaborate and achieve end goals.
Read all about agile contracts and managing them: https://aavenir.com/what-are-agile-contracts/
All you want to know about Outsourcing Post-Closing Mortgage AuditGloriaFlorence2
Mortgage Post-Closing is a process that is performed after the mortgage document has already been signed. For more information, please click on below link: https://www.maxbpooutsourcing.com/mortgage-process-outsourcing .
Rfp management for healthcare standardize & streamline your rfp processAavenir
For procurement and proposal teams working in the healthcare industry, the importance of exchanging information quickly and accurately goes beyond cost savings and winning new business.
In this Slideshare, you’ll learn the ins and outs of the healthcare RFP;
https://aavenir.com/the-healthcare-sourcing-fast-track-vendor-selection-using-rfp-rfi-rfq/
Miritec specialists develop custom software to meet demands of any business. Learn from our case studies how to meet your targets with only one IT solution.
Status of Woman in Islam by Ibrahim B. Syed Part 1Quran School
The Prophet(SAW) was most emphatic in enjoining upon Muslims to be kind to their women when he delivered his famous Khutbah on the Mount of Mercy at Arafat.
Un libro que explica con sencillez las principales técnicas participativas para la educación popular. Contiene ilustraciones que ayuden a entender didacticamente los conceptos y definiciones.
Over 15 years in the Mortgage Industry with proven experience in high volume claims processing, loss mitigation, closings, bankruptcy, foreclosure, and fraud and risk assessment. A leader with strong analytical skills, effective strategic planning, and credit analysis, the ability to function efficiently in multi-task environments, and make positive productive decisions.
Why Do Banks Spends Millions for Credit Management System?Banu HImawan
While Financial Technology well known as Fintech is altering the way Banks and NBFIs run their businesses, more are still curbed by hesitation of the investment cost will not pay-off.
Mortgage Origination Outsourcing Solutions - Verity & MCT National Webinar Ian Thomas Miller
Read the full recap and recommendations - https://mct-trading.com/outsourcing-mortgage-operations-webinar
The discussion on outsourcing began at the most recent MCT Exchange conference in September, during the Outsourcing Mortgage Operations Panel Discussion. This panel featured MCT clients disclosing their successes and challenges related to the practice.
To give breath to this important topic, together with Verity and Victorian, this webinar was organized to explain further how to effectively leverage outsourcing and answer remaining questions.
Questions that were answered in this webinar:
- Should I outsource mortgage operations?
- What are the benefits of outsourcing?
- What are the challenges of outsourcing?
- What are the best parts of the mortgage origination cycle to outsource?
“It’s just another one of our tools in our tool bag to be more efficient in providing a more competitive product for our clients and be successful in this industry. “ - Sonny Bringol
1. Loan life cycle solu ons
Mortgage Services Offerings: Prologiq assists Mortgage Brokers and Lenders as an
extension of their back office in most ac vi es from start to end.
• Loan Processing
• Underwri ng
• Disclosure services
• Pre-Funding services
• Loan closing
Services Briefing
Review ini al 1003 and respond to loan applica on within 24 hours
Update Automated Underwri ng systems and Loan Origina on systems
Order Credit reports, Employment verifica on Prepare/ Review disclosures
throughout the loan life cycle.
Pre-Funding Review as a service
We verify
• Credit Report
• Borrower Employment
• SSN
• Fraud Report
• Ini al and Final 1003
• All disclosures
• Appraisal
• Title commitment and Mortgage
• Other income
Prepare Closing Package post approval by the
Bank / Broker (Collate the closing documents.)
Prologiq Business Services is a trustworthy
and reliable business process management
company which providescomplete back end
services to the players in the US Mortgages
space across func ons such as Origina on,
Title Services, Appraisal, BPO Data Entry,
Property Preserva on and Inspec on, REO,
Transac onCo-ordina on,HUDPrepara on,
LoanAudit,QA,etc...
Our Objec ve
•To func on asalowcostoffshorecenterfor
thesmall,medium,andlargeen esthereby
increasing their ROI and reducing opera-
onal risks.
Review documents for loan eligibility and report to Bank/Broker
• Assessment of Capital,Capacity & Collateral
Phone +1 973 419 5555 E-mail: info@prologiq.in
2. Prologiq Business Services is a
trustworthy and reliable business
process management company which
provides complete back end services
to the players in the US Mortgages
space across func ons such as
Origina on, Title Services, Appraisal,
BPO Data Entry, Property Preserva-
on and Inspec on, REO, Transac on
Co-ordina on, HUD Prepara on, Loan
Audit, QA, etc...
Our Objec ve
• To function as a low cost off shore
center for the small, medium, and large
entitiestherebyincreasingtheirROIand
reducing operational risks.
• Pull out property information from MLS and Public Records
• Obtain informa on of comparables both Listed and Sold
• Upda ng Systems with Data obtained on the property
BPO Data Entry
BPO Order Management
•Allocate BPO orders to vendors based on
coverage areas
•Followup on late orders, Incomplete
informa on
•Review of completed BPOs for
completeness and Accuracy.
• Listing of Property on MLS
• Managing Property Expiry and relist them whenever applicable
• Preparing Monthly reports on property
• Drawing up the contracts with poten al customers
• Coordina on with Property Management companies in ge ng
necessary repairs done on the property.
• Handling Customer Queries/ Emails on proper es
Broker Back Office Services
• Ordering Inspections
• Map timelines
• Followup with Buyers’ / Sellers’ agents
• Co-ordinating for repairs and closing
Transac on Co-ordina on
E-mail: info@prologiq.in | website : www.prologiq.in
Loan Processing and Origina on Services
• Co-ordinating with origination companies
• Documentation
• Underwriting and Pull credit
• Critical Suspense Review
• Pre-Underwriting
• Pre-Purchase Audit
• Post Closing Audit
Real Estate Services
Phone + 1 973 419 5555
•Manage the asset through Pre Marketing and Closing Phase.
•Interac on with Property Preserva on companies for property Management
•Managing and review of BPO/ CMAs
•Maintain the lis ng agents
•Interac on with Title and Closing companies in comple ng and closing formalites
•Management of HOAs / U li es Etc.
REO Asset Management
3. Data Entry Bid Prepara on
Bid Review Vendor Management
Reconcilia ons Reports Management
• To func on as a low cost offshore
center for the small, medium, and
large en es thereby increasing their
ROI and reducing opera onal risks.
Prologiq Business Services is a
trustworthy and reliable business
process management company which
provides complete back end services to
the players in the US Mortgages space
across func ons such as Origina on,
Title Services, Appraisal, BPO Data
Entry, Property Preserva on and
Inspec on, REO, Transac on
Co-ordina on, HUD Prepara on,
Loan Audit, QA, etc...
Our Objec ve
Phone +1 973 419 5555 E-mail: info@prologiq.in
• Assigning Inspec on orders to vendors – Both
Pre FC and REO
• Review of Inspec on reports
• Upda ng the Client Systems
• Follow up on late, pending, pending
correc on, and incomplete orders
Inspec on Services
•Assessing the nature of repair required
•Alloca on of required repair tasks to vendors
•Obtaining /Prepairing and reviewing bids for
property repairs
•Ensuing the repairs are completed as required
•Update the Client system
Property Preserva on Management
•Vendor Recruitment and Training
•Order Alloca on and Follow-ups
•Order Upda ng onto System
•Monitoring Vendor Performance, TAT, and Quality
•Vendor License and Compliance Requirement
Management
Vendor Management
Vacant Property Registra on
• Check if property registra on norms apply
• Complete necessary documenta on
• Registra on with the city for VPR with
payment of relevant fee.
Recurring Services Management
•Upda ng order onto client systems with photos
•Iden fica on of assets requiring this service
•Order alloca on to vendors on periodic intervals
•Order review for comple on
U lity Turn On
•Iden fy the U lity Service Provider for asset
•Check for the requirements for Turn On
•Receive relevant documenta on from the client
•Coordinate with the U lity company for Turn On
REO Asset Management
•Update the client system
• Manage the asset through Pre Marketing and
Closing Phase.
• Interac on with Property Preserva on companies
for property Management
• Managing and review of BPO/ CMAs
• Maintain the lis ng agents
• Interac on with Title and Closing companies in
comple ng and closing formalites
• Management of HOAs / U li es Etc.
1000
4. Focus on Core
Activities
Improve Quality
& predictable delivery
Seemless ramp up
ramp down
Reduce time
to Market
Reduce
Capital Expense
Decrease
variable Cost
Prologiq saves its clients at least 50% savings on associated labour.SAVINGS
Prologiq provides its clients 3 shifts of staffing that cover all
24hours in a day, allowing them to have work processed more
immediately, issues resolved much quicker, and assignments
generated more swiftly.
24/7 AVAILABLITY
Prologiq provides its clients the ability to instantly and easily ramp
up or down to accommodate work load fluctuations, new client
acquisitions, and seasonal variations.
SCALABILITY
While prologiq provides clients full-time staff for low per-month
fee it also provides many of its clients a fee-per-order model
wherein the cost that the client incurs per order does not
fluctuate in accordance with work order volumes or other factors.
PAY PER ORDER
Prologiq’s clients can be rest assured that, as agreed to in a
detailed contract, prologiq’s representatives will never disclose
the names or contact information of its clients to any outside
parties, in addition to keeping all client information and data
strictly confidental.
CONFIDENTIALITY
TOP REASONS TO OUTSOURCE HIGHLIGHTS OF ENGAGEMENT MODEL
Enquiry to Go live in as much as one day
Minimum Paper work
Well defined goals delivered in
Flexible staffing of team
Well trained project management
professionals
www.prologiq.in info@prologiq.in +1 973 419 5555