From Application to Close: Navigating TILA/RESPA in Seller Financing In the dynamic world of private mortgage servicing, seller financing offers a flexible alternative for buyers and a powerful tool for sellers. However, beneath its seemingly simpler structure lies a critical layer of regulatory compliance [...]
Robotic Process Automation (RPA) Robotic Process Automation (RPA) refers to software robots, or "bots," designed to automate repetitive, rule-based tasks traditionally performed by humans. In private mortgage servicing, RPA can significantly streamline back-office operations like data entry from loan documents, processing payment reconciliations, generating [...]
Investor Spotlight: Realizing ROI Through TILA/RESPA-Compliant Seller Financing Investor Spotlight: Realizing ROI Through TILA/RESPA-Compliant Seller Financing In the dynamic world of private mortgage investing, identifying lucrative opportunities is only half the battle. The other, often more challenging, half involves navigating the intricate web of [...]
Glossary of Core Automation Technologies for Private Mortgage Servicing Robotic Process Automation (RPA) RPA involves software robots, or "bots," configured to mimic human actions when interacting with digital systems. These bots can open applications, log in, copy and paste data, move files, and even [...]
Automating Year-End Private Mortgage Reporting: A Path to Efficiency As the calendar pages turn towards December, a familiar ripple of apprehension often runs through the private mortgage servicing sector. For many, year-end reporting isn't merely a task; it's a significant undertaking, a complex dance [...]
How to Integrate Your Private Lending CRM with a Dedicated Servicing Platform For private mortgage lenders, managing a loan's lifecycle from origination to payoff can be a complex endeavor. Relying on disparate systems, spreadsheets, or manual data entry for both customer relationship management (CRM) [...]
The Broker's Ethical Compass: Navigating TILA/RESPA in Private Lending The Broker's Ethical Compass: Navigating TILA/RESPA in Private Lending In the dynamic world of private mortgage lending, brokers serve as crucial connectors, bridging the gap between borrowers seeking flexible financing and investors looking for robust [...]
Glossary of Core Automation Technologies for Private Mortgage Servicing Robotic Process Automation (RPA) Robotic Process Automation (RPA) utilizes software bots to mimic human interactions with digital systems, automating repetitive, rule-based tasks without requiring complex custom coding. This can include activities such as data entry, [...]
How to Integrate Your Private Lending CRM with a Dedicated Servicing Platform For private mortgage lenders, managing loans efficiently from origination to payoff is paramount. The journey often begins with a robust Customer Relationship Management (CRM) system handling lead generation, underwriting, and closing. However, [...]
Core Automation Technologies for Private Mortgage Servicing Glossary Robotic Process Automation (RPA) Software bots mimic human actions to automate repetitive, rule-based tasks without requiring significant changes to existing IT systems. In private mortgage servicing, RPA can automate data entry from payment stubs, reconcile accounts, [...]
