Paper has been part of the home finance process since the beginning, but over the past 20 years technologists have been working alongside mortgage lenders to take paper out…
This paper is designed to give step-by-step guidance on how to use property records to ensure a clear title conveyance and reduce the risk of buyback or inability to foreclose.
Every loan has a value at origination. The loan officer makes their commission, and based on the secondary market, the investor pays for a loan in accordance with the underwriting basis for which it was closed…
A Comprehensive Look Into NTC’s Rigorous Workforce Training Program and Why You Should Ask Your Vendors About Training
Due diligence has taken on an entirely different shape in the post financial crisis world. Increasingly, regulators, investors and banking executives are looking deeper into the individual loan files whenever a pool of loans sells, is acquired through merger or is securitized. The industry has come to the realization that if we hope to be successful with a portfolio we purchase, make the most of a new entity we acquire or make the best use of the capital markets to fuel our businesses, we must mitigate all of the risks that are working within that portfolio. These risks are higher for seasoned loans, which are subject to many problems that will be detailed in this paper.
This white paper is designed to help you score and evaluate your trailing document process and offers helpful tips to improve your process.
With the increase in production and changes in regulations and requirements, these issues are becoming even more important. In this White Paper, we will explore collateral risk across five areas, all through the lens of increased digital lending so you can answer the question: Do you know your collateral risk?