Pasadena, CA - March 28, 2017 - For the fourth straight year, Rekon Technologies, a provider of lien release and assignment technology and advanced document management software for mortgage servicers and lenders, has been named to the HW TECH100™ list of the most innovative technology firms in the U.S. housing industry. Rekon and other honorees are being recognized in the March issue of HousingWire Magazine.
Companies on the HW TECH100™ are measured based on market influence, market potential, uniqueness of their solutions, growth and implementation elegance. Rekon, which has been on the HW TECH100™ since the inaugural list in 2014, was recognized for being the mortgage industry’s most widely adopted lien release and assignment technology. Rekon’s software leverages automation to prepare documents according to the unique standards of each of the country’s 3,600 recording offices, enabling lenders and servicers to increase efficiency and reduce errors in the recording process.
“The companies in the 2017 HW TECH100™ cover the entire mortgage finance spectrum. There's hardly a corner of our industry that hasn't been transformed in some way, either by startups focusing on a specific software need or legacy companies evolving to compete in the new environment,” said HousingWire Magazine Editor Sarah Wheeler. “Now more than ever, these companies are delivering the innovation this industry needs to do its most important job: supporting the “American Dream.” they can go wrong without the right technology. It is enormously gratifying to have our efforts recognized by being named to the TECH100 list for the third consecutive year,” Marsh said.
“We’ve been committed to improving our technology since day one, so to be named to the HW TECH100™ four years in a row is extremely rewarding,” said Rekon CEO Aurora Marsh. “At the same time, this honor would not be possible without the dedication and hard work of our team. So many things can go wrong with lien releases and assignments, which can create enormous costs for lenders and servicers. Our staff works diligently to ensure our solutions comply with millions of recording requirements across the country, and I am grateful for their effort.”
Rekon Technologies provides mortgage servicers and lenders with advanced technologies for lien release and assignment processing, and for document management and tracking. The company's two central product offerings are Rekon and DokTrak software. Rekon is the industry's most adopted lien release and assignment technology. It is used by most of the nation's top 10 mortgage servicers and is widely recognized as the industry's de facto standard in lien release technology. Rekon automatically prepares lien releases and assignments according to the unique standards of each of the country's 3,600+ recording offices, significantly reducing recording errors and penalties. DokTrak, the servicing industry's most comprehensive document management and tracking software, empowers lenders to track, manage and maintain file and document locations and post-closing exceptions. Rekon was one of the first companies to offer eRecording capabilities in the 42 states where it is offered. The company was founded in 1994 and is based in Pasadena, California. For more information, visit www.Rekon.com.