QC & Due Diligence: The Lender’s Guide to Mitigating Risk, Recouping Revenue & Improving Outcomes
Reliable quality control and due diligence have always been critical aspects of any lending business. A dependable due diligence and pre- and post-close QC process not only improves loan quality and production processes, but it also mitigates regulatory risk and maintains valuable investor opportunities. But even if these aspects of your business are doing a good enough job at preparing loans for the secondary market, you may still be leaving money on the table by failing to employ an above-and-beyond QC and due diligence service that contributes to your bottom line.
The question is: Are you actively deriving tangible business value from QC and due diligence? Our latest eBook dives into essential considerations to help you streamline your process while driving better profitability, turn times, and cost savings.
In this eBook, you’ll learn:
- Why viewing QC and due diligence as mere boxes to check leaves revenue on the table
- How to prepare your QC and due diligence for trends in today’s market, such as adverse action, non-performing loans (NPLs), and mortgage servicing rights (MSR)
- Easily actionable ways to save time, money, and effort within QC and due diligence
- Why this often-overlooked area of mortgage lending will become essential for success in 2023’s market
“By leveraging a more proactive, efficient process, lenders can unlock a new business area to support profitability despite market challenges.”