In my first post of this series, I discussed a new yearly training program offered by MERS® to certify experienced, knowledgeable independent review firms and the level of detail needed to demonstrate compliance. As promised, I’m back with an examination of recordable documents and its significance in Annual MERS Compliance Reviews. Many internal and external MERS quality assurance reviews tend…
It’s almost Friday, on this short work week for most of us following Memorial Day 2021. This week in our blog we wanted to have a little fun, so we scoured the internet for some funny mortgage memes and cheesy jokes to coast us into the weekend. Enjoy! What do you call someone who mails mortgage statements? ……………………………………………………………………………Post Malone The…
It never fails. You are in the middle of managing a large enterprise-wide project, tech implementation perhaps, or just juggling unforeseen volume and one of the government sponsored entities’ (GSE) ‘comes a knockin’. Many lament that it is bad timing, but in the mortgage industry is there ever a good time? We all saw how the industry was scrambling in…
Our survey is LIVE and we want to hear from you! Continued expansion of technology automation is no doubt a mortgage industry priority for 2021. Specific goals may vary across channels, but what appears to be consistent is the desire to increase efficiency, flexibly scale (up or down) with market volume and manage loan quality that will pass any level…
Launched in April 2020, LoanLogics IDEA™ OnDemand, was designed to improve the speed, accuracy, and affordability of in-line mortgage doc processing. At the time of launch and ever still so, this digital assistant plays an important role cutting through the immense industry volume by using automation, not people, to classify documents and extract data. All in real-time! One of the…
Just two weeks ago, many of us were navigating the virtual halls of MBA Spring trying to get a glimpse of the latest industry technology in the exhibit halls and demos held on the HUB stage. We hope you found time to come see us at the show. During the event LoanLogics® featured: LoanLogics IDEA™ OnDemand in a demo –…
