Outsource Mortgage Post-Closing Services
Now a day’s in regulatory credit environment, lenders face many challenges in to understand the rapidly changing marketplace, which includes some inflexible requirements such as constant compliance updates, borrower qualifications etc. thereby making it more complex to the process. This is coupled with a accurate oversight by regulators, especially while the market crash in 2009.
Outsource2Rescue provides high-quality review and professional audit services that contribute to streamline the entire process of mortgage post-closing for global lenders. Outsourcing your requirements to us help you minimize the operational costs which are a result of our timely reporting and accurate audit. Our expert team of auditors and mortgage underwriters work on your loan application documents before they are sent to the service providers, while ensuring rapid, on-time delivery
Outsource2Rescues's Mortgage Post-Closing Services
The review and audit services of O2R offers the perfect tools required in today's market without having you face the abrupt operational costs of hiring an entire staff. After the documents have been verified and signed, our team conducts close audits and reviews them so as to ensure completeness and compliance. Some of our mortgage post-closing services include:
- Assembling the Loan Package Our team at Outsource2Rescue assembles the entire loan package by compiling all the required documents after a successful loan closure. These add various notes, necessary addendums, trust deeds with riders, final GUD1 with signatures, etc. Our experts work closely with title companies and brokers to review post-closing loan packages in order to save your valuable time and close loans within a short period of time.
- Post-Closing Data Integrity Audit Data integrity audit or mortgage loan audit is a crucial step in the mortgage post-closing process and is basically done to address any kind of loan deficiencies. This step consists of different processes like addressing any red flags from the underwriter, owner occupancy verification, etc.
- Mortgage Electronic Registration System (MERS) O2R’s team registers all loans which are approved with the Mortgage Electronic Registration System. Our team can register MERS as Original Mortgagee (MOM), Non-MOM Loans (by assignment), and also MERS registration which enables companies to choose for loan tracking services and fraud detection at cost-effective rates without recording MOM
- Mortgage Quality Control Audit O2R’s team uses top quality auditing systems and processes to provide mortgage audit services. This services covers post-closing, pre-funding, compliance, servicing, cancel/reject, fraud investigation, QC plan preparation, commercial loan audit, etc. Our post-closing audit sampling can be fully customized to suit every client's business needs. We have the expertise to audit almost all kinds of loan files including sub-prime, non-conforming and conforming loans, subordinate lien, reverse annuity etc.
- Trailing Documentation For post-closing document tracking is one of the most critical parts that starts after loan closure. The trailing documents basically include assignments, tax records, tax deeds, assumption agreements, judgments, Uniform Commercial Code (UCC) records, etc. We ensure all such documents are filed together and are easily accessible, as and when required for further processing
- Tax, Insurance, and Reserve Audits After the mortgage loan closure, as part of our auditing process we review all insurance, reserve, and tax requirements. We verify if there are any problems and make sure that you have met all tax obligation conditions. Our expert team reviews the insurance policy and other policy documents to look for flaws or any discrepancies that may have crept in as well
Why Choose Outsource2Rescue for Mortgage Post-Closing Services?
Outsource2Rescue has been providing mortgage closing services to clients around the globe for over 4 years now. Our significant experience in this field helps us to understand various business types and provide the services accordingly. There are some reasons you need to choose us for mortgage closing services include:
- Significant experience in providing mortgage closing services to clients across different verticals
- Advanced infrastructure and expertise in using cutting edge technologies for the best mortgage post-closing services
- We value confidentiality of your data and ensure that your data is completely secure with us
- Multiple delivery centers to ensure a fast service and on time delivery
- High quality services at cost effective rates
- Trained mortgage executives who are updated with the latest rules and regulations of the mortgage industry
Choose Outsource2Rescue for Flawless Mortgage Post-Closing Services
Outsource2Rescue has been providing mortgage services for over 4 years now to clients around the globe. Having served clients from a excess of verticals and domains, we do have the understanding various businesses and their business models and provide our services according to their requirements. Since mortgage rules and regulations being revised regularly it becomes critical for lenders and borrowers to stay updated. With our help though, not only you can stay updated with the latest developments in the mortgage industry, but also service your customers in a quick and time-efficient manner. If you have any kind of mortgage post-closing service needs, Contact us and we will be glad to help you out.