When you take in hundreds or even thousands of new loans each month from originations, MSR acquisitions, or portfolio transfers, there is no such thing as a "little" discrepancy. Mismatches between mortgage data and the information in the loan file can create delays, add costs and prolong research cycles.
Even performing due diligence or QC on a sample will not identify all of the issues.
So how do you efficiently manage the intake of multiples files that can contain between 500 and 1,500 pages per file without letting discrepancies stall the process?
You could try to hire your way out, bringing on an army of quality control specialists to comb through your documents with sharp red pencils, but...text