The one mantra to keep your mortgage borrowers happy today is to give them complete control over the mortgage process. What this essentially means is that your customer doesn’t have to engage with you through call centers or e-mail to collaborate and participate in the process. They remain connected to the process in a way that enables them to get…
The loan processors job has always been like that of a cat on a hot tin roof. The heat on the roof has exacerbated, after the rolling out of TRID, It has introduced more tasks, due diligence, and responsibility to the department, making the job all the more fast paced, shoving them down a roller coaster ride more often than…
Flawless Underwriting Relies Heavily on Sound Appraisal Review. What Lenders Need to Do to Ensure Both The role of an underwriter is to assess facts underscored in an appraisal report and establish the most credible value of a property. The accuracy of the appraisal report, therefore, plays a crucial role in helping the underwriter make up his mind on the…