Loan Document Processing: Why the “First Mile” Matters

Staff members at an organization like the Colorado Housing and Finance Authority (CHFA) that processes single family housing loan applications will tell you that the initial steps in the procedure—the so-called “first mile”—are critical. Those unfamiliar with loan processing might ask, “Why? Why do those steps matter so much?” There are a number of reasons, as I describe briefly below. … Read More

What is Data Capture Automation and Migration?

For some organizations today, the intake of information related to their business is still a very manual process. It may involve manually scanning documents one at a time, saving the digital file, retitling it to fit company naming standards, moving the renamed file to a new location, making note of the new document on a other master document, etc. etc. … Read More

Join Buddha Logic and CHFA for a Complimentary Webinar 02/22/17

We would like to cordially invite you to join Buddha Logic CEO Charles Weidman in a webinar discussion with Brian Mueller, manager, integrated records management, Colorado Housing and Finance Authority (CHFA) on February 22, 2017. Charles and Brian will examine the content management strategy employed in reducing loan document processing times from days to under one hour. Take part in … Read More