Outamation is transforming the mortgage servicing landscape with its innovative platform, Outamate Mods, which streamlines the loan modification process for all investors, including FHA and VA programs. The modular system allows servicers to use the complete platform or select individual modules, offering flexibility and efficiency while ensuring compliance. By leveraging artificial intelligence, Outamate Mods addresses longstanding industry challenges, including fragmented systems, compliance complexities and slow processing times, which traditionally extend the modification process to 60-90 days or more.
The platform’s advanced workflow automation and customizable rules engine improve decision accuracy, enabling servicers to mitigate risks and maintain compliance with evolving regulations. Outamate Mods reduces processing times by up to 300%, allowing servicers to respond swiftly to borrower needs, while its API-first, cloud-hosted architecture ensures seamless integration with existing systems. This out-of-the-box solution is designed for quick implementation, scaling efficiently for servicers of all sizes.
Outamation’s approach delivers measurable benefits, including enhanced operational efficiency, reduced costs through a transactional pricing model and improved borrower satisfaction. The company’s rapid growth — tripling revenue over the past two years — reflects strong demand for its technology. By reimagining loan modification workflows, Outamate Mods empowers servicers to improve outcomes for both borrowers and the mortgage industry.
