Mortgage Loan Acquisition

Reduce Risk in Loan Acquisition with the Loan Facts

Few would argue closed loan acquisition is complex. Managing risk against faster turn-times, while trying to maintain relationships with sellers surely keeps many of correspondent investors awake at night.  Go too fast, increase your risk. Go too slow, stress margins and ultimately lose sellers. How can correspondent investors minimize portfolio risk while going for speed? By bringing intelligent, automated data…

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Mortgage Data and Doc Processing

The Right Tool For the Right Job

Who hasn’t experienced this situation? You go to assemble a piece of furniture armed with a dozen screwdrivers, wrenches and hammers and you discover the job requires the one Allen wrench size you do not own! What does this have to do with technology and the mortgage industry? Imagine the same situation when it comes to solving tough questions concerning…

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Mortgage Loan Quality

Are You Sure You Can Rely on Your LOS Data?

Think carefully before you answer. How many times, after closing, have you found that some information about the loan, the property, and/or the borrowers is inaccurate? The LOS data is only as good as the data that is input by humans… and humans make mistakes. Here’s a great article in DSNews about LOS data written by LoanLogic’s President and CEO (my boss),…

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