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….
With all of the uncertainty regarding the novel coronavirus, MetaSource has a plan in place to keep working with & assisting our customers.
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…
Join MetaSource in Los Angeles at the MBA Tech2020 conference and expo and see a demonstration of our Symmetri software for bridging POS and LOS platforms.
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…
Join MetaSource at our 2020 Mortgage Servicing Conference and learn about our document solutions for mortgage servicers and subservicers.
The mortgage industry has undergone a remarkable evolution over the past decade, emerging from the collapse of the subprime market into a period of heightened regulatory scrutiny and digital transformation. Many of the digital options that are now remaking the mortgage process were still a few years away from introduction when the decade began, but…
The top 15 mortgage quality control issues in 2019, as compiled from tens of thousands of post-close QC audits performed by MetaSource over the past year, continue to demonstrate challenges executing the TRID Rule designed to meet the objectives and requirements of Title X of the Dodd-Frank Act. In the fourth full year of the…