:: Loan Audit/Review Services
Precise Audit/Review & Investor Delivery Services that meet your every need. NTC has a variety of Loan Review/Audit Services that is customized to suit any step of the process.
Many lenders, servicers and investors turn to Nationwide Title Clearing to perform their audit/review services as an alternative to establishing their own internal procedures, software, fixed staffing overhead and staff training of complicated audit requirements and procedures.
NTC has extensive secure facilities and vault services to accommodate the strictest standards and requirements for storing and tracking live notes.
Clients are given secure access to the NTC website to gain a high level of control, prediction and confidence in the process. Clients have instant access 24 hours a day to document images, real-time status of document progress and reports. NTC offers ample reporting tools to track state and county compliance, custom service level agreements, management tool and status throughout the entire process.
You can count on Nationwide Title Clearing to meet your every need and perform the most precise and accurate audit/review services available in the industry today.
Loan Audit /Review Services Include:
- Fully customizable process.
- NTC will perform audit/review services of physical files, images, electronic data or a combination as applicable.
- NTC utilizes advanced custom programs to assist in the audit/review functions.
- Files are reviewed according to your specifications and guidelines.
- Audit/Review services can be performed after closing on new loan acquisitions and/or originated loans.
- NTC will perform a complete audit/review services according to your specifications.
- NTC will image all loan documents as necessary and provide detailed results of audit/review on each loan.
- As appropriate, NTC will assist with investor delivery including prepare the packages, place in stacking order and perform investor delivery requirements.
- Clients are provided with detailed exception reports on the results of the review throughout the process.
- If needed, NTC will electronically QC data on loans boarded to your loan-servicing platform according to your requirements.
- Reporting, data file uploads to client system, website access to status and images of recorded documents.
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Storage of any live notes in a highly secured and fire proof vault.
Benefits of Loan Audit Services:
- NTC is the leader in providing accurate and timely work.
- Free up staff time involved in the audit process so they can focus on other priority issues and your core competencies.
- Reduction of costs to the process through use of technology and economies of scale.
- Reduction in investor penalties as a result of timely delivery of accurate and correctly prepared loan packages.
- NTC is highly experienced with investor guidelines and requirements.
- Your staff can focus on new loans, rather than auditing already closed loans.
- Have a more thorough audit on your files and improve quality and investor or seller relationships.
- Be able to cure deficiencies in the loans before it is too late
- All of NTC’s services include custom integration with client systems, as available.
- Corrections, if needed, are made immediately and quickly after acquisition or closing.