Melbourne, Fla.-based ISGN Corp. has launched a quality-control service for correspondent lenders with warehouse lines of credit.
According to the company, the new service evaluates all quality-control points in the origination of mortgage loans, from the submission of a loan application to post-closing. The service is designed to ensure that loan submission and underwriting standards are met, while providing essential post-closing and pre-funding quality control, the company adds.
‘Investing in quality control at strategic points in the origination process can reduce the time a mortgage sits on a warehouse line of credit, freeing the line to originate more loans,’ says Anne Politis, president of origination strategy at ISGN. ‘Our quality control services can be quickly and seamlessly integrated into the correspondent lender's processes.’