Mortgage Servicing Rights acquisition requires responsiveness between buyer and seller. A seller must accommodate the stacking order and documentation requirements of each buyer. A buyer must consume data and files in a timely manner to complete the acquisition process. Meg Guard, Vice President, Account Management and Craig Riddell, Executive Vice President and Chief Business Officer discuss the LoanLogics MSR acquisition product.
Their conversation addresses:
- Benefits of using this product
- Preparing to onboard loans
- Preparing for the additional data the system provides
LoanLogics LoanHD MSR Acquisition module is configurable to investor-defined naming conventions, stacking orders and required document sets.
Data extraction provides the data, that is only found in the documents and is needed for both boarding and the proper “versioning and indexing” of all documents.
Additionally, a reconciliation report provides complete transparency, ensuring all parties stay informed throughout the transaction process.
Spend less than 10 minutes to listen to the podcast for more details or go to LoanLogics for more information.