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Suma Soft predicts the latest trends in Mortgage BPO Services in USA

09-30-2016 09:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Suma Soft Pvt. Ltd.

Suma Soft predicts the latest trends in Mortgage BPO Services

Suma Soft’s Mortgage BPO services has been assisting Mortgage Lenders 
to efficiently accomplish mortgage origination, processing and underwriting. 
Suma Soft has developed a tested and proven integrated mortgage loan 
origination process that ensures collection, organization, and evaluation 
of required documents.
  
What are the latest trends in Mortgage BPO services in USA?

Here are 7 trends or we say processes that are being outsourcing 
in Mortgage industry in USA
 
1. Stacking & Indexing –:
          Split of documents and classification of documents as
          per document types

2. Loan Boarding –: 
         Entering initial information from 1003, Income, Credit,
         Title & all disclosures available

3. Pre-QC –: 
         Verifying the data entered in Calyx or Encompass360 
         & informing the Loan officer on missing documents 
         & findings

4. Third Party Documents ordering & Reviewing –:
         Title, Appraisal, HOI, FHA case etc.

5. Initial Submission to Underwriter –:    
         Clear Underwriting Conditions to take the loan to clear 
         to close, Uploading the loan package

6. Post-Closing Package –: 
        Creating postclosing package as per state regulatory 
        guidelines

7. Workforce Management Tool –:
        Outsourcing Mortgage companies that utilize Workforce 
        Management tools and have some relative industry 
        experience that keeps your company competitive edge 
 
Suma Soft provides customized client-specific mortgage loan
fulfillment solutions that reduce costs, provide additional
capacity as a fully compliant loan fulfillment partner. We
can also provide complete end-to-end mortgage loan
fulfillment solutions or component-based Mortgage BPO solutions.

FOR MORE DETAILS CLICK HERE>>>http://www.sumasoft.com/bpo-services-usa/mortgage-bpo-services-usa

Suma Soft’s Mortgage BPO Services USA assists mortgage lenders & brokers to efficiently accomplish financial process related demands including mortgage origination and underwriting.

For Free Consultation, leave a message here...
Suma Soft Private Limited
Name: Stuart Smith
For USA,texas,houston 
+1 281 764 1825 
info@sumasoft.com

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