PrivoCorp offers a suite of services in Loan Boarding & Loan Administration:
Loan Boarding
Newly boarded files are loaded and verified with the documents received for accuracy in the system
Loan Administration
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Payoff
Receive payoff request from internal or external sources, prepare the payoff quote including all fees and costs based on the Good thru date -
Escrow Analysis
Escrow analysis report is run based on the due dates and changes in Tax and insurance lines -
Escrow Reconciliation
Escrow reconciliation is a way for a mortgage company to account for payments and any changes over the course of mortgage to make sure borrower is not overcharged -
Special Loans
Service Provider will provide modification booking services by reviewing documents and related loan servicing systems to ensure a modification action can proceed
Find out how PrivoCorp can help in improving borrower experience and retaining them
Benefits of Partnering with PrivoCorp for Servicing
- Over a decade of experience in End-to-End Component Servicing
- Headquarters in Austin, TX with two production facilities located in India
- Experience working with all the leading Compliance and Servicing platforms
- Flexible engagement model to help you reduce fixed costs
- SSAE 18 compliant (SOC 2 audit in the process)
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Testimonials
“PrivoCorp is a remarkable firm, and we are consistently pleased with their mortgage servicing assistance and services, as well as their amazing team. They are adaptable to our ever-changing needs and a pleasure to deal with”
Martin
SVP Servicing Operations, Leading Sub-Servicing Firm
“Working with the PrivoCorp team has been a pleasure. They have been very responsive and knowledgeable”
Bob
Bob
Operations Head for a Mortgage Company