Trailing Document Best Practices
Learn how an emerging best practice for managing mortgage trailing documents is to utilize mailroom/PO box scanning services and workflow automation software.
Learn how an emerging best practice for managing mortgage trailing documents is to utilize mailroom/PO box scanning services and workflow automation software.
In the wake of the COVID-19 pandemic, a digital mailroom provides flexibility for remote work and a digitally-enabled workforce.
It’s the season for starting in on the job of wrangling MERS data, but for mortgage servicers with the power of mintrak2 automation, it’s just summer.
For servicers trying to get things moving after months of shutdown, unresolved lien release issues can be a major source of disruption. With many county offices closed over the past few months, navigating the requirements around lien releases has become a far more complicated undertaking. Some of the 3,600+ recording offices around the country are…
These days, it can be easy to forget all of the more routine challenges that mortgage servicers face. Millions of borrowers are seeking forbearance of monthly mortgage payments under the CARES Act, a provision of the federal coronavirus relief bill, and state relief efforts. With millions more expected to follow suit, many servicers are bracing…
The COVID-19 virus has left business owners with unprecedented challenges around the health of their employees and the health of their companies. Due to the pandemic, many businesses are facing an almost overnight transformation to digital workplaces. Newly remote workers suddenly need to communicate, collaborate, and get work done from the safety of their homes….
Is improving or streamlining your origination processes one of your goals for 2020? Did your process break down or lack efficiency last year? Do you want to increase origination margins and reduce your cost per loan? Lenders often put up with inefficient origination processes for too long because they don’t know exactly where the problems…
Data reconciliation processes were an ongoing hurdle for MERS members in 2019, according to a MetaSource analysis of its third-party QA audits provided to MERS member clients. The audits, part of the preparation process for the MERS eAnnual report due each year on Dec. 31, include a thorough review of MERS members’ operational policies and…
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…