Improve productivity and efficiency in the underwriting process
PrivoCorp helps lenders increase efficiencies in the underwriting process while reducing turn times and costs
Underwriters play a very important role in mortgage lending. While their role is to approve, suspend, or decline a file. It’s paramount to submit a clean file to improve the productivity of underwriters as well as boost chances of approval.
At PrivoCorp, we evaluate loan files using our checklist-based approach and prepare for loan closing. We prep disclosures for Real Estate Procedure Settlement Act (RESPA) and Truth In Lending Act (TILA) along with pre-disclosures and run compliance verification to check if loan files comply with state and federal laws. Our established process includes restructuring loan files for seamless management and validation of the processed files to meet your underwriting needs besides compilation of the data to create home mortgage disclosure (HMDA) reports.
Redefining Mortgage Business Processing
Our Process
The PowerMatrix solution suite is the driving force behind PrivoCorp’s success across its origination and servicing solutions. It epitomizes the fusion of unparalleled Mortgage domain understanding, cutting-edge Technology expertise, and comprehensive Process knowledge.
PowerMatrix stands as a testament to the company’s unwavering commitment to excellence in the mortgage industry.
PowerMatrix empowers PrivoCorp to consistently deliver top-tier service and solutions to its mortgage clients, that are tailored to their specific needs.
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Congrats on your first step of reducing your mortgage operation’s cost. Please submit your contact information here, so that one of our experts will get in touch with you.
