Post-Closing and Servicing Solutions
Loan quality doesn't end when the loan closes. Mortgage lenders can select from our wide range of post-closing products and services designed to help perfect loan files in the critical 30 days after funding, prior to investor delivery. For the long-term maintenance of performing loans, we offer solutions for mortgage servicers to keep records current, monitor important activity, and enhance customer relationships.
Quality = Certainty
Whether you're looking to review the minimum percentage or an intense focus on quality is in your organization's DNA, our solutions can support your objectives.
- Integrated with technology for competitive pricing and turn times.
- Proven industry experience and expertise.
- Strengthened by the nation's largest repository of 5.5 billion recorded land documents.
- Provided by one of the most trustworthy companies in the financial services industry.
- Single source of multiple solutions for improved compliance with vendor management requirements.
When mortgage lenders look to outsource quality control file reviews, reputation really matters. The provider of choice for the mortgage industry and law enforcement, our processes and solutions are designed by industry experts that include certified fraud examiners, certified mortgage bankers, compliance lawyers and certified appraisers. Keeping in mind the industry's drive for volume and fast turn times, quality control can be best achieved by combining proven technology to identify areas of risk with seasoned lending professionals who have the expertise to spot inconsistencies.
Assignments are a common event in the life of a loan, often occurring multiple times. Our team of professionals is experienced in assignment processing and can support your objectives—whether you are assigning mortgages every day, managing large bulk sales or auditing existing loans. Our services include researching, retrieving and curing chains of assignment.
With the nation's largest repository of 5.3 billion recorded land documents, we provide a fast and affordable service that quickly locates and retrieves publicly recorded document images. For harder-to-find documents, our flexible solution can also include manual searches of our proprietary and county databases, and access to First American's nationwide county abstractor network.
Title Policy Retrieval
We can help lenders meet investor requirements for proof of title insurance coverage, by providing a consistent and reliable process to retrieve title policies from any underwriter.
From payoff to recorded document delivery, we leverage superior technology, seasoned professionals and the proven resources of First American, to bring you an affordable, single source solution for managing your entire lien release process.
With investors and regulators demanding increased clarity on how loans are serviced, we understand that servicers are under intense scrutiny. Our Servicing QC audits are easily deployed, completely customizable and are performed by a seasoned review team with a focus on addressing unique servicer, investor and regulatory needs while creating transparency in servicing operations.
DataTree.com provides instant online access to the detailed data you need to verify property information, evaluate trends and prospect for new business. DataTree.com and DataTree Mobileconnect you to one of the nation's largest property information databases, covering 99 percent of the US housing stock and containing more than 5.3 billion land records collected directly from the source.
Property Information Reports
For lenders and servicers that need more information, our non-insured reports turn property data into insight. With a selection of report variations available and a tiered search approach, we can meet competitive objectives for efficiency, cost, and speed.
When it comes to monitoring NMLS (National Mortgage Licensing System) information, our module continually tracks all Broker license related activity on your behalf and automatically reports any data of interest at the national and state level.
Market Analysis and Condition (MAC) Report
Our Market Analysis and Condition (MAC) Reports allows you to quickly identify the current condition of a property and its local area, while meeting Interagency Guideline (IAG) requirements.
Review Appraisal Services
Our highly qualified and experienced certified appraisers provide both current and retrospective Desktop and Field Reviews by performing a critical review of an existing residential appraisal document and producing a trustworthy opinion as to its credibility from a reporting and final value perspective.
Offering retrospective insight on property value, singularly or in batch for a pool of loans, this nationally recognized AVM (Automated Valuation Model) can be accessed as a standalone or launched within ValueGUARD®.
This automated analytics tool validates appraisals or Broker Price Opinions (BPOs) by leveraging public and local market data to independently score the results and determine the probable valuation risk. Available through FraudGUARD®, Risk Profiler can address the need for collateral assessment in the QA function as it pertains to Dodd-Frank (both pre-closing and post-closing).