The transfer of ownership rights through an assignment of interests to the property is an integral part of the servicing and secondary market. SMI's assignment professionals meet critical deadlines enabling customers to consummate portfolio transfers quickly and efficiently. Key benefits of our service include:

• Quality Control performed on 100% of all keyed data.
• Guaranteed 120 day recording of documents (except in jurisdictions with protracted backlogs).
• Utilization of Digital Imaging allows source documents to be viewed via SMI's website or your imaging system.
• Experienced mortgage professionals are utilized for on-site capture of source documents significantly reducing the number of exceptions. Exception reports are issued displaying any exceptions or deficiencies regarding missing information necessary to prepare a recordable assignment.
• Assignments are prepared using SMI's National County Database which is updated daily to maintain current information relating to applicable fees for each document, average recording timeframe per jurisdiction, notary and signature requirements and margin and form requirements.
• SMI will sign and notarize the assignment (via corporate resolution) using hand signatures and affix the corporate seal as required by various jurisdictions. As assignments are signed, SMI mails the documents for recordation.
• Assignments are barcoded and scanned for tracking prior to mailing to the counties noting the date, check number and check amount.
• Assignments are tracked 100% to completion.

Real time status reports and loan information available online.