Loss mitigation
LoanModification · ShortSale · DeedInLieu · CashForKeys
Run modifications, short sales, deeds in lieu, and cash-for-keys as tracked workflows, with every document, decision, and deadline on the loan.
Solutions · Mortgage servicing workflow
Default servicing, orchestrated from first missed payment to final disposition.
Twenty years of mortgage servicing built into one case management platform. Loss mitigation, foreclosure, bankruptcy, and REO run as connected workflows, and your attorneys and vendors work in the same system, seeing only their own files.
Since 2003 · Trusted by servicers including PennyMac
Independently audited · SOC 2 Type 2 report · ISO 27001:2022 certified ISMS · Trust Center ↗
The default lifecycle
One mortgage servicing workflow, every stage on one record.
Foreclosure
Foreclosure · BidAtSale · Deficiency · Litigation
Refer files to counsel, track milestones and sale dates against investor timelines, and manage bids, deficiency judgments, and contested matters.
Bankruptcy
Bankruptcy · Pacer · POC · MFR
Monitor filings, pull dockets from PACER, and manage proofs of claim and motions for relief, so the automatic stay is never violated.
REO & disposition
Reo · Eviction · Auction · Listing · Offer
Move properties through eviction, preservation, listing, offers, and auction, coordinating agents and vendors in one place.
Property & valuation
Property · PropertyInspection · Valuation · Title
Order inspections, valuations, and title work, and keep comparables, projections, and title results with the property.
Note sales & transfers
NoteSale · Deal · DealLoan · Closing
Prepare loan pools for sale or servicing transfer, with deal-level data rooms that show each bidder only what they should see.
Attorneys & vendors, in the same system
One loan. Every partner sees only their part.
QBO's extranet security filters every screen and API call by row, automatically. Give foreclosure counsel, bankruptcy counsel, collection agencies, and BPO agents direct access to the loans they work on, without exposing anything else.
| Record | Servicer | BPO agent | Collection agency | Foreclosure attorney | Bankruptcy attorney |
|---|---|---|---|---|---|
| Loan 12345 | Visible | Visible | Visible | Visible | Visible |
| Property | Visible | Visible | Visible | Visible | Visible |
| Valuation | Visible | Visible | Hidden | Hidden | Hidden |
| Default | Visible | Hidden | Visible | Hidden | Hidden |
| Short sale | Visible | Hidden | Hidden | Hidden | Hidden |
| Foreclosure | Visible | Hidden | Hidden | Visible | Hidden |
| Payoff quote | Visible | Hidden | Hidden | Visible | Hidden |
| Bankruptcy | Visible | Hidden | Hidden | Hidden | Visible |
Compliance checks, built in
SCRA and bankruptcy checks at every step that needs one.
Workflows can call Military Search and Bankruptcy Search automatically (before referral, before sale, before eviction) and record the results on the loan as evidence.
Investor & GSE programs
The attorney reporting channels run on QBO.
Attorney Data Reporting (ADR) for Freddie Mac and the Default Reporting Application (DRA) for Fannie Mae are built on QBO. Attorneys report foreclosure and bankruptcy status through them by API or web interface, integrated with their case management systems.
Connected systems include a360 (CaseAware), Casemax, NetDirector, Clarifire, Auction.com, and leading mortgage servicing systems, through web services and bulk data exchange. See industry integrations.
See it built
- Score loans for a Freddie Mac Flex Modification →
- Fulfill valuation orders with validated brokers →
- Manage evictions with state timelines and attorney access →
- Run a loan sale or transfer as a deal →
- Onboard and validate a broker network →
- Collect foreclosure sale instructions from attorneys and trustees →
Step-by-step guides in Learn → Walkthroughs.
In their words
“When we or one of our customers opts to move forward with a short sale, using Quandis’ technology, we are able to complete the transaction efficiently and expeditiously for all parties involved.”
Rob Schreibman
Director, PennyMac
“Automating the search of the PACER Web site via Quandis’ interface advances the process significantly. ResWare users will now be able to focus on the results of the search rather than the steps involved in obtaining those results.”
Bryan Buus
President, Adeptive Software / ResWare
“With Quandis’ new enhancements, our attorney clients now have the ability to perform PACER and Docket searches for borrower bankruptcies on both the national and district level—with the click of a button from within CaseAware.”
Dan Cannon
COO, KMCIS / CaseAware