Safeguard Properties is launching its next-generation multimedia Photo Direct application, introducing the use of panoramic photos, video, and audio to property preservation work in the field. The company unveiled the enhancements at the 2018 Mortgage Bankers Association (MBA) National Mortgage Servicing Conference & Expo Feb. 6-9.
“This is the only mobile system for property preservation today that will provide mortgage servicers with an enhanced, multimedia look into their portfolios,” said Alan Jaffa, CEO of Safeguard. “Video, with the addition of audio, will help Safeguard and its vendor network tell a better story about each property. If a photo is worth 1,000 words, video will speak volumes.”
Safeguard adds these capabilities to its suite of systems and mobile offerings that have been at the forefront of the mortgage field services industry for years. The addition of video, audio, and panoramic will provide servicers with valuable information necessary to assess property damage and validate bids.
“It is our mission to provide preservation services and innovative technologies that proactively protect our clients’ assets and communities across the country. Video and audio capabilities continue Safeguard’s tradition of investing in technologies that help solve the industry’s most challenging problems,” said George Mehok, Chief Information Officer for Safeguard.
The initial implementation of video has a risk-based focus on assessments for basements, roofs, plumbing systems, floors, and exterior conditions are currently those triggers, which represent some of the more challenging property preservation perils for mortgage servicers.
To learn more about the use of video in the field, please click here.