IndiSoft’s RxOffice Platform Adds Postal Service Address Verification

IndiSoft, LLC, a technology developer focusing its efforts on the default service management industry, announced today that its RxOffice® platform offers automated U.S. Postal Service (USPS) address verification.

For clients using USPS, RxOffice will automatically verify addresses upon boarding of loans and cases. Further, agents can verify and scrub addresses when hand-entering addresses associated to a case and/or loan. RxOffice has integrated with the USPS APIs to make this feature available.

Sending letters of notification to homeowners throughout the delinquency life cycle is a requirement to meet insurer, investor and state guidelines. Failure to send mail to a valid address can invalidate a foreclosure action and expose law firms and servicers to financial penalties including inability to file insurance claims when a loss is taken through foreclosure and/or REO.

As homeowner contact requirements become increasingly important and regulated through servicing guidelines and U.S. Treasury directives, IndiSoft is actively developing additional skip tracing functions and integrations to be included in the RxOffice Portal.

“It is important for IndiSoft to provide our clients with the essential tools that bring much needed efficiencies in the process while staying compliant with the ever-changing regulations and program options,” said Sanjeev Dahiwadkar, president and CEO of IndiSoft. “This is the first in a series of enhancements relating to homeowner contact that will further position our clients to meet their obligation to contact homeowners prior to and during foreclosure action.”

About IndiSoft, LLC

Columbia, MD-based IndiSoft LLC develops, licenses and supports a wide range of Web-based software solutions for the financial services industry, including RxOffice Legal, RxOffice Borrower Portal and RxOffice Reporting Portal. Indisoft continues to innovate and transform how the default servicing industry communicates and exchanges information. Indisoft offers its RxOffice(R) platform (patent pending) to servicers, counselors, mortgage insurers, law firms and the homeowners leveraging secured communications technology and infrastructure to enable transparent and real-time communication, speeding up the decision process.