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What is PRAXIS Technology Escrow?

PRAXIS operates as a dedicated third-party escrow agent that specializes in a variety of escrow services, such as software, source code, SaaS, AI, technology, trade secrets, and automated solutions. Through the introduction of Automated Escrow and the revolutionary Infinite Retention feature, PRAXIS has revamped the conventional escrow system to align with the demands of modern, cloud-centric, and agile development environments. Their Automated Escrow platform integrates effortlessly with source-code repositories and deployment workflows, ensuring that escrow deposits are always current, comprehensive, and verifiable, thus eliminating the need for manual uploads and minimizing compliance risks. In addition, the Infinite Retention capability ensures that the materials held in escrow are preserved indefinitely, providing ongoing continuity and safeguarding for all parties involved—beneficiaries, licensees, lenders, and acquirers alike—which ultimately boosts trust and security within the escrow framework. By offering these cutting-edge solutions, PRAXIS is not only enhancing the reliability of escrow services but also paving the way for easier access and innovation in this field, setting a new standard for industry practices.

What is MORSERVw?

MORSERVw is a flexible Mortgage Loan Servicing System designed for both Windows and Web platforms, aimed at effectively managing commercial and residential loans. This cutting-edge product is the next step in the evolution of the well-established MORSERV brand, which has been a reliable choice for mortgage bankers since 1983. Key features include the creation of Amortization Schedules, detailed Investor Reporting, oversight of Tax and Insurance Due Reports, processing Cash Receipts, managing Escrow Disbursements, conducting Escrow Analysis, and generating 1098 forms and History Statements. These functionalities are crucial for both short-term and long-term mortgage loan servicing entities, allowing them to run their operations smoothly. The software has been thoughtfully designed to provide users with a simple, precise, and efficient system for daily record-keeping and accommodating both individual and multiple investors’ loan portfolios. Unlike many other servicing software options available, MORSERVw was specifically engineered to operate seamlessly within the Windows or Web environment from the start, improving user experience and operational efficiency. Consequently, users can look forward to a powerful tool that adapts to their evolving requirements in a rapidly changing industry, ensuring they remain competitive and effective. Furthermore, the continuous enhancements ensure that MORSERVw stays at the forefront of technology, meeting the ever-changing demands of the mortgage servicing landscape.

Media

Media

Integrations Supported

Bitbucket
GitHub

Integrations Supported

Bitbucket
GitHub

API Availability

Has API

API Availability

Has API

Pricing Information

Custom
Free Trial Offered?
Free Version

Pricing Information

$200 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

PRAXIS Technology Escrow

Date Founded

2016

Company Location

United States

Company Website

praxisescrow.com

Company Facts

Organization Name

Butler & Associates

Date Founded

1990

Company Location

United States

Company Website

www.morservw.com

Categories and Features

Categories and Features

Loan Servicing

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

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