Independent mortgage lender New American Funding has signed a three-year renewal to continue using BaseCap Analytics’ Data Quality Manager, a comprehensive, life-of-loan platform used by financial institutions to catch, collaborate and correct loan defects.
“BaseCap’s Data Quality Manager offers us innovative features that automated a very detailed process, allowing us to focus our efforts precisely on those few issues that required remediation,” says Carol Norton, senior vice president of servicing systems at New American Funding. “BaseCap’s solutions improve our processes and make it easy to scale to the surges in the market as they happen without changing staffing.”
In addition to continuing its use of BaseCap Analytics’ Data Quality Manager for Post Close QC, New American Funding is making plans to broaden its use within multiple departments.
“We are pleased to continue our trusted relationship with New American Funding and deliver solutions that help support its best-in-class operations,” states Jason Ahl, head of mortgage solutions at BaseCap. “We appreciate New American Funding’s confidence in us, and we are excited for deeper integrations across the firm to support its ongoing growth and success.”
