openPR Logo
Press release

The top 3 underwriting outsourcing trends to watch out for in 2017...

09-28-2016 12:06 PM CET | IT, New Media & Software

Press release from: Suma Soft Pvt. Ltd

The top 3 underwriting outsourcing trends to watch out for

Texas (USA), Canada (Toronto) & London (Business Network) :
Underwriting outsourcing is a huge upcoming trend for the mortgage industry in USA. Most mortgage lenders and brokers think outsourcing their underwriting services is one of the low-lying fruits that ensures a great potential for revenue making. Underwriting outsourcing not only reduces the cost of a huge in-house underwriting team but also ensures your end-customers receive round-the-clock support.
Suma Soft has been the best Underwriting outsourcing partner for mortgage companies in the USA for 16+ years. We have an 150+ underwriting team that is headed by Mortgage processing experts with minimum 100 man years of experience.
Here are the top 3 underwriting outsourcing trends to watch out for in 2017...
(1)Maintaining Secrecy
Suma Soft’s underwriting process includes keeping the mortgage related information confidential, assuring security and recommending any risk involved. It involves reviewing the loan documents after the loan is closed or funded and before being sold to the investor. This helps save any security and data theft chance by 90%
(2)24x7x365 Support
Suma Soft has a team trained in end-to-end mortgage processing, underwriting, closing, and risk management with mortgage and loan processing industry-specific knowledge and practical experience of more than 16 years. The team undertakes processing tasks and streamlines your mortgage business. Suma Soft also provides 24*7*365 BPM services to Mortgage companies in USA .
(3)Use of WorkForce Management Tools
Most Mortgage BPO Providers have started using enhanced workforce management tools to ensure turn-around-time required on completion of each mortgage loan processing is minimal and reduces the cost by 4x.
Over the last 16 years, we have developed an integrated mortgage underwriting process that ensures collection, organization and evaluation of required documents are done before the loan is submitted for underwriting.
Suma Soft’s Mortgage underwriting services for USA based clients, has proven to be the best outsourcing service provider as we take care of the entire mortgage loan process with industry specific experience of 16+ years, for more information check this link.http://www.sumasoft.com/bpo-services-usa/mortgage-bpo-services-usa

Suma Soft has been an industry leader for over 16 years. We provide advanced BPO Solutions in USA-based environment, Software Development Solutions across USA and India, Technical Support Services, IT Security Audit Solutions USA and IT Security Consulting and Implementation Services.

Suma Soft Private Limited,
7880 San Felipe Street,
Ste 120,
Houston TX 77063-1647

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The top 3 underwriting outsourcing trends to watch out for in 2017... here

News-ID: 367806 • Views:

More Releases from Suma Soft Pvt. Ltd

Reasons why all start-ups and SME depend on an after-hours IT Help Desk Support and other coverage
Reasons why all start-ups and SME depend on an after-hours IT Help Desk Support …
Worldwide, organizations are taking some serious IT initiatives towards getting rid of software bugs, resolving IT issues from its core and improving customer experience. Sometimes, internal IT Help Desk Support team is not prepared for the unexpected issues and due to unawareness of who is doing what creates a mess which is also cumbersome. Reason? Organization’s IT department already deals with multiple tasks at a time, that too not 24/7. Each
4 ways IT Help desk services can help your organization
4 ways IT Help desk services can help your organization
Today every business highly depends upon the IT infrastructure to increase their efficiency & stay competitive in the global market. IT infrastructure needs monitoring & maintenance for 24x7x365. The regular IT staff doesn’t have the time for 24X7 monitoring & maintenance. Therefore the company needs a dedicated team IT Help Desk Services team which can look after all IT infrastructure issues. Why IT Help Desk Services? IT help desk services are

More Releases for USA

Thermocouple Probe Market 2020: Top Key Players Are OMEGA (USA), Fluke (USA), Th …
Thermocouple Probe Market Overview: Research report on The Thermocouple Probe Market by ‘Market Growth Insight’ covers deep analysis on key factors that directly influence the market growth including impact of COVID-19. The report is a thorough study of drivers, opportunities, restraints, challenges, and risks associated with the Thermocouple Probe market to help the players plan their growth activities and strategies carefully, while considering these crucial factors. The Thermocouple Probe report also
Risk Analysis Management Market 2019: By FireMon (USA), ForcePoint (USA), HPE De …
This report studies the Risk Analysis Management market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Risk Analysis Management market by product type and applications/end industries. The global Risk Analysis Management market is valued at xx million USD in 2017 and is expected to reach xx million USD by
Global Medical Wearable Market to 2025| Abbott Laboratories(USA), MC10(USA), Med …
Researchmoz added Most up-to-date research on "Global Medical Wearable Market Insights, Forecast to 2025" to its huge collection of research reports. The global Medical Wearable market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025. The objectives of this study are to define, segment, and project the size of the Medical Wearable market based on company,
Global Wearables in Healthcare Market to 2025: Abbott Laboratories(USA), MC10(US …
Researchmoz added Most up-to-date research on "Global Wearables in Healthcare Market Insights, Forecast to 2025" to its huge collection of research reports. The global Wearables in Healthcare market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025. The objectives of this study are to define, segment, and project the size of the Wearables in Healthcare
Risk Analysis Management Market Outlook to 2023 – FireMon (USA), ForcePoint (U …
Risk and Vulnerability Analysis – including the ability to create virtual network maps and visualize network connections and analyze traffic flow In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Risk Analysis Management market for 2018-2023. Request for Sample of Global Risk Analysis Management Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=232759 Over the next five years, Publisher projects that Risk Analysis Management will
Risk Analysis Management Market Outlook to 2023 – FireMon (USA), ForcePoint (U …
In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Risk Analysis Management market for 2018-2023. Risk and Vulnerability Analysis – including the ability to create virtual network maps and visualize network connections and analyze traffic flow Request for Sample of Global Risk Analysis Management Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=232759 Over the next five years, Publisher projects that Risk Analysis Management will