LenderLive Network Inc., a provider of business process outsourcing and technology to the financial industry, has expanded its quality control services to support increased demand from clients. These expanded services are part of LenderLive's contract services division, which offers a variety of outsourced solutions, including whole-loan due diligence, contract underwriting and other forms of post-closing services.
‘In the new era of mortgage lending, originators want to enlist the services of an independent party to review and verify the quality of their underwriting standards and loan processes,’ says Rick Seehausen, president and CEO of LenderLive. ‘And with more lenders originating [Federal Housing Administration] (FHA) loans, the need to administer an FHA-approved quality control program is necessary. Our services include working with the client to structure an effective quality-control program for their business needs and then provide the resources necessary to implement the program.’
SOURCE: LenderLive Network Inc.