netdirector user group - march 2011 · • legal description • referral (setup fee per servicer...
TRANSCRIPT
![Page 1: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/1.jpg)
![Page 2: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/2.jpg)
AgendaAnnouncements1
Web App V5 Update2
3
4
CMS Connect – Doc Uploads5
Product Road Map6
Transaction Spotlight - Docs
Premium Services Update
![Page 3: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/3.jpg)
Welcome Attorneys/Trustees
• Haughey, Philpot & Laurent (NH)
• Shapiro & Ingle (NC)
![Page 4: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/4.jpg)
Welcome Attorneys/Trustees
• Gerner Mayersohn May (FL)
• Parker McCay (NJ)
![Page 5: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/5.jpg)
Welcome Vendors
─ TSI Investigations: Process Server - FL
─ www.tsiinvestigations.com
─ Countywide PI: Process Server - FL
─ www.countywidepi.com
![Page 6: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/6.jpg)
Welcome Vendors
─ Fidelity National Title Insurance Company
─ www.fnf.com
![Page 7: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/7.jpg)
New Services
• Under Consideration
– Outside Counsel Web site
• Case Notes
– Fannie Mae – Asset Management Network (AMN)
• Foreclosure
• Bankruptcy
• Eviction
![Page 8: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/8.jpg)
New Team Member
• Melissa Marcum
– National Sales Director
– New Market Sales
• Healthcare
• Collections
• Other
![Page 9: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/9.jpg)
Promotion
• Darren Meiggs
– Operations Manager
• Customer Onboarding
• Customer Add-ons
• Customer Support
• Customer Satisfaction
• Data Center Infrastructure
![Page 10: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/10.jpg)
Social MediaFollow NetDirector on:
![Page 11: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/11.jpg)
Version 5 Update
• Release Schedule:• LIVE in Production Region since 2/9/11
– Current version (4.6) is still available– New User Guide Available in On-line
Documentation– Training Videos – coming soon…
• Version 4.6 to be retired (3/31/11)
![Page 12: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/12.jpg)
Version 5.1 Update
• General Release – Target 4/18/11• New Features:
– Single Sign-on for Multiple Participant Accounts– Test Connection– Log/Queue – Reprocess Transactions– Dashboard – Freddie Mac Event Trends– Browser – Back Button Support
![Page 13: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/13.jpg)
Version 5.1 Update
• New Features:– Single Sign-on for Multiple Participant Accounts
![Page 14: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/14.jpg)
– Test Connection
– Log/Queue – Reprocess Transactions
Version 5.1 Update - continued
![Page 15: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/15.jpg)
Version 5.1 Update - continued
• Dashboard – Freddie Mac Event Trends• Browser – Back Button Support
![Page 16: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/16.jpg)
Version 5 Update
• Procedure for reporting bugs/enhancements– Email [email protected]– Include the following information:
• Screen name• Description of problem/enhancement• Steps to repeat bug, if reporting a bug• Sample data, if applicable• Screen print using “Alt+PrtScrn” saved as a .png• Any error dialog message text
![Page 17: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/17.jpg)
Version 5 Dashboard
![Page 18: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/18.jpg)
Transaction Spotlight
• What’s New!– Servicer Requirements:– BAC Document Upload to LPS– CITI Financial Document Upload to VendorScape– Wells Fargo Military Document Upload to VendorScape
– E-Recording Document Automation:– Ingeo and Simplifile
– Title Package Document Upload:– HUD P260
– Invoice Document Upload:– LPS Invoice Management
Document Download/Uploads
![Page 19: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/19.jpg)
Transaction Spotlight
• Available Doc Types– Mortgage– Process Server– Title– Invoices
• Client Systems– LPS Desktop– VendorScape– BAC– LenStar (coming soon)
![Page 20: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/20.jpg)
Transaction Spotlight
• LPS Desktop – Document Uploads NEW!– BAC Final Foreclosure Package– All other documents– Asynchronous Response – Responses/Exceptions Available on Web App Report
• VendorScape – Document Uploads– CITI Financial – All Case related Documents – Wells Fargo Military Status
• Certificate Upload • SCRA Task – Standard Event NEW!
– Asynchronous Response – Responses/Exceptions Available on Web App Report NEW!
Client Document Download/Uploads
![Page 21: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/21.jpg)
Document Spotlight
• HUD P260 Portal Automation
– 2 firms LIVE
– Upload Title Packages
– Pricing: Standard Document transaction $.25 per transaction
or less based on your volume.
![Page 22: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/22.jpg)
Document Spotlight
• E-Recording
– Available with Ingeo & Simplifile
– Sample Document Types• Deed• Mortgage/Deed of Trust• Assignment
– Pricing: No Charge from NetDirector
• Requires Submitter Agreement with Provider
![Page 23: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/23.jpg)
Sample Process Flow
![Page 24: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/24.jpg)
Document Spotlight
• NetDirector Filters– Filter by Document Type– Filter out Duplicates
• Benefits– Reduce labor
• Eliminate Manual Uploads/Downloads• Auto-Indexing
– Reduce Network Bandwidth
![Page 25: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/25.jpg)
Document Spotlight• New Delivery Methods
– email– FTP– Convert xml to:
• PDF, tiff, doc...
• Asynchronous Responses
– VendorScape & LPS Uploads
• Web App Response Report
![Page 26: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/26.jpg)
Premium Services
• Military Search w/ SSN Finder
• Bankruptcy PACER Suite – NEW feature!
• NetTracker – NEW options!
• NetExtract Plus! – NEW!
• NetCorrect
![Page 27: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/27.jpg)
Premium Services
• Military Search– 14 firms LIVE– New Servicer Requirements:– Wells Fargo
• Use at Referral and prior to sale date• Upload Certificate to VendorScape & Update SCRA
Task
![Page 28: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/28.jpg)
Premium Services
• SSN Finder - New Service• Customer Challenge:
• NO SSN on 90% of LPS referrals
• NetDirector Solution• Auto Route Military Search Request
– If full SSN is not included– Last Name/First Name/Address Required
» Last 4 digits of SSN optional but preferred to validate
![Page 29: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/29.jpg)
Premium Services
– Response:• Military Search Response• Full Social Security #• Full Name and any AKA’s• DOB/Age• Phone #
• Pricing– $.40 per Military Search (includes req/resp/doc)– $3.00 per Military Search with SSN Finder
• Only if SSN Found
![Page 30: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/30.jpg)
Premium Services
– Meeting Servicer Directives:• LPS Desktop
– FC_SCRA referral– Events– Document Uploads
• VendorScape – Add/Complete Production Tasks– Upon receipt of referral– Ten days prior to sale– 24 business hours prior to the day of sale– Document Uploads
![Page 31: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/31.jpg)
Premium Services• Bankruptcy PACER Suite
– Check for current and prior BK filings– New! Check for possible case closures– Use on demand, upon receipt of referrals and
prior to sale– Request/Response/Document Transaction
• .25 for the transaction – includes (1) request/response/document
![Page 32: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/32.jpg)
![Page 33: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/33.jpg)
Premium Services
• NetTracker - 1 firm LIVE
• Docket Checking Automation
• 3 Options
1. Docket Sweep includes all actions completed to date and Document
(Docket)
2. Docket Monitoring for all actions (choose interval)
3. Interval Checking on specific actions (choose interval)
![Page 34: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/34.jpg)
Premium Services
• NetTracker ROI
– Docket Sweep
» Log into county site
» Lookup docket
» Review docket and data
» Enter items found in CMS
– Est. 15 minute Savings = $5.00 per file Cost
– ROI Sample: 1,000 Sweeps = $5,000 Savings
![Page 35: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/35.jpg)
Premium Services
• NetTracker ROI
– Docket Monitor
» Log into county site
» Lookup docket
» Review docket and data
» Notate any changes since last view in CMS
– Est. 12 minute Savings per file = $4.00 per file Cost
– ROI Sample: 2,000 Monitors per Mo. = $5,000 Savings
– Note: technology needed to house prior docket
![Page 36: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/36.jpg)
Premium Services
• NetTracker for all States
• Especially beneficial in Counties with delays/backlogs
• Turnaround Time– 24 hours
• Pricing– $.35 per item checked– $1.50 per docket monitor– $3.00 per docket sweep– Documents – Standard transaction fees apply
![Page 37: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/37.jpg)
Premium Services
• NetExtract
• converts images to data for following applications:
– Manual Referrals
– Legal Descriptions
• NetExtract Plus – NEW Service
– Full audit/correction service
– Works great for poor quality documents
![Page 38: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/38.jpg)
Premium Services
• NetExtract Plus!
• Delivery Method for Legal Description:
– Auto Request from Document Transaction
– CMS import for Legal Description Data Elements
– Same Day Turnaround
![Page 39: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/39.jpg)
Premium Services
• NetExtract Basic Pricing
– $1.00 per Extraction
• Legal Description
• Referral (Setup Fee per servicer $200 - $1,000)
• NetExtract Plus Pricing
– $2.00 per Short Legal Extraction (<1,000 Characters)
– $2.50 per Long Legal Extraction (>1,000 Characters)
![Page 40: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/40.jpg)
CMS Connect
• 14 Firms Live
• Web Service communication with NetDirector
• Send Documents to LPS or VendorScape
• Send back specific milestone events to LPS and File
Received to VendorScape
![Page 41: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/41.jpg)
CMS Connect
• Document Uploads
– Save documents to a directory with specific naming convention i.e.
loannumber_LPSNTRID_documenttype.pdf
• Types of events:
– File Received (Basic Service) VS & LPS
– Stop / Hold (Premier Service) LPS
– Proceed with Foreclosure (Premier Service) LPS
– BK File Received (Premier Service) VS & LPS
– Any File Received event based on Sub-process (Premier Service)
![Page 42: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/42.jpg)
CMS Connect
• Benefits
– Greatly reduce average time for the corresponding APR
timeline events.
– Email alerts for completed events which can contain party,
servicer, investor, and loan number
– Has provided 1.5 points (perfect score) in the measured APR
timeline events for attorney’s that have implemented
– Allowed firms to delegate resources to other processes in
foreclosure/bankruptcy process
![Page 43: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/43.jpg)
CMS Connect
• Cost
– Basic: $1,000 implementation fee - includes either file
received by attorney or document uploads
– Premier: $2,000 implementation fee - includes other
milestone events and document uploads
– Interested in this service? please email:
─Darren Meiggs, Operations Manager
![Page 44: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/44.jpg)
Product Road Map
• CoreLogic– VendorScape
• SCRA Tasks – NEW
![Page 45: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/45.jpg)
Product Road Map
• LPS Desktop– Available Transactions
• Invoice Management – Final Testing• Add Hold Request – NEW• Document: Download
– Case ID - NEW
• Document: Upload - NEW
![Page 46: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/46.jpg)
Product Road Map
• LenStar– Web Service – Improved Responses (Q2
2011)– Documents – Bi-directional (Q2 2011)– Invoicing (Q3 2011)
![Page 47: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/47.jpg)
Product Road Map
• BAC BPI– Documents Only
• Clarifire (SunTrust)– Referrals - NEW– Events - NEW
![Page 48: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/48.jpg)
Product Road Map
• LINCS (Fifth Third Bank)– Events – LIVE
• Quandis – Freddie Mac DCS– Foreclosure File Closed – NEW– Decision Delay – NEW– Foreclosure Sale Held – NEW
![Page 49: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/49.jpg)
Beta Testing Rewards
• Opportunities– LPS Desktop or VS4 – Fees & Costs– LPS Desktop – Intercoms (Outbound)– New Vendor (i.e.: Title, Process Server, etc.)
– Reward - Free NetDirector Transactions for 90 days (for beta test type transaction only)
![Page 50: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/50.jpg)
Wrap-up
• Next Meeting– June 23, 2011 - 2:00pm EDT
• Questions/Comments– Harry Beisswenger– 813-774-4797 – [email protected]
![Page 51: NetDirector User Group - March 2011 · • Legal Description • Referral (Setup Fee per servicer $200 - $1,000) • NetExtract Plus Pricing – $2.00 per Short Legal Extraction (](https://reader036.vdocuments.mx/reader036/viewer/2022070801/5f026ca77e708231d404341f/html5/thumbnails/51.jpg)