MetaSource Mortgage Blog

1.1 Million Reasons for Lien Release Rejections

Tuesday, March 06, 2018

Lien Release Rejections

In 25 years of providing support and solutions to the mortgage industry, we've seen a little bit of everything. But there's almost nothing we hate to see as much as a lien release that comes back rejected – especially when it's completely avoidable.

Lien release rejection leaves lenders at risk, because it creates a break in the custody of the underlying property. Lenders can't move forward and it can take months to correct. Plus to make matters worse, the penalties for non-compliance of state statutes that could be levied on the lender will have a dramatic effect on their bottom line.

But as disruptive as lien release rejection can be, it is, unfortunately, a common occurrence. That's partly because there are so many ways a lien release can be rejected at one of the more than 3,600 recording offices across the United States. Here are the top reasons lien releases are rejected, and how to avoid them.

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Lien Release Whitepaper: 5 Best Practices for Reducing Rejections

Tuesday, August 29, 2017

Lien Release Whitepaper: 5 Best Practices for Reducing Rejections

When you think about the lien releases you process, we have five questions:

  • How many lien releases did your company process last year?
  • How many of them were rejected?
  • How much did each rejection cost you?
  • How much time does it take you to process lien releases?
  • What is the average hourly wage for each person processing them?

Are you starting to get a feel for what lien releases and rejections are costing you?

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How to Ease MERS QA & Other Servicing Headaches: Join MetaSource at the MERS 2017 User Conference

Tuesday, May 30, 2017

How to Ease MERS QA & Other Servicing Headaches: Join MetaSource at the MERS 2017 User Conference 

Join us at the Reston Hyatt from June 8-9 to learn the latest about MERS QA and mortgage QC outsourcing services and technology. You will learn about our full suite of MERS quality assurance (QA) auditing services, the latest in servicing quality control (QC) as well as our new lien release service.

Be MERS Audit-Ready All Year Long

MERS QA compliance changes create significant challenges to servicing and sub-servicing members. That is why we've developed a full suite of MERS QA services and technology. These solutions are designed to help every MERS Member become "MERS audit-ready all year long" with impeccable data standards and industry best practices related to the assignment of residential real estate mortgages.

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Orion Financial Group Joins MetaSource

Tuesday, February 14, 2017

Orion Financial Group Joins MetaSource

Assignments and Lien Releases Expert Adds Depth to MetaSource's Portfolio of Mortgage Services and Solutions

Salt Lake City, Utah – MetaSource, the leading provider of business process management (BPM), workflow, and compliance solutions, today announces the acquisition of Dallas-based Orion Financial Group. This acquisition further strengthens the MetaSource mortgage portfolio of solutions, specifically by expanding and adding depth to its existing lien release offering.

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