Welcome to BackInTheBlack®
BackInTheBlack® is the leading edge in Collections and Loss Mitigation technology. We have a very
comprehensive list of offerings that individually provide huge benefits to any servicing shop, which
are all grouped together, in one application making problem loan management easier than ever!
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Dynamic Workflow & Distribution
A powerful rule-based implementation allows work distribution to members of your team in
various popular methods. This implementation also drives the flow of the workout to ensure
all vital steps are completed in the appropriate order.
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Workout Eligibility
Our eligibility module initially determines whether or not your loan meets the criteria
for the workouts provided. This allows your team to save valuable time by not attempting
workouts that the loan does not qualify for.
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Workout Calculators
A robust set of calculators provides your team with the necessary tools to perform a complete
workout. This includes: Repayment Plan, Special Forbearance, Modification (Standard and HAMP),
Pre-Foreclosure Sale (Standard and HAFA) and Deed-in-Lieu (Standard and HAFA).
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Package Send & Receive
Collecting the required documentation can be a hassle, but this is easily done with our one-click
package generation, by printing the package locally, or in batch mode to mail as needed. When the
package is returned, check the required information in and should anything be missing, you will
be alerted and prompted through our missing items process.
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Document Generation
Most workouts require documentation to be sent out for verification and authorization. You can
generate and print these documents directly through our system. With the workout information already
included within the document, you can print the documents locally or in batch mode to mail as needed.
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Third Party Integrations
We integrate with numerous vendors, using various methods of data transfer. Do you have a trusted
vendor that you would like to integrate with? We can bring that data directly into our system to provide
your team with all the information needed to make the best decisions.
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These are just a few key features of our BackInTheBlack® servicing platform. Please request a demo by clicking
here
and we will show you how BackInTheBlack® can assist you in solving all your default mortgage needs.
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