Altavera Mortgage Services, a provider of third-party residential mortgage origination and closed-loan review services, is now a preferred provider for Capital Markets Cooperative, a nationwide alliance of mortgage bankers.
Both Altavera and Capital Markets Cooperative were acquired by Computershare Limited in the second quarter.
“Altavera is honored to join the select group of preferred providers serving Capital Markets Cooperative patrons,” said Brian Simons, president of Altavera, in a release. “Our industry has rebounded, with a fresh focus on quality, compliance and efficiency – characteristics that will determine competitive differentiation for complex mortgage lending businesses.”
Altavera provides private-label mortgage loan fulfillment solutions and specializes in action as a SAFE Act-compliant loan fulfillment partner. Among its varied origination services are loan processing, underwriting (including customized non-qualified mortgage, or non-QM, underwriting services), closing, and funding.
In addition, the firm offers closed-loan reviews to prospective buyers and sellers of mortgage loans, building on a standard review criteria to tailor each review to specific requirements and particular products, including agency and non-QM.