Ditch Sampling and Validate Every Field

As financial services companies look to modernize their operations and deliver better experiences, the most difficult challenge is taking the first step. New data validation technology is a low-risk, high-impact investment that will prepare lenders, servicers and originators for the next market uptick.

The white paper discusses:

• What’s wrong with the current approach to data validation: There are a number of problems with the current sampling approach.
• The risk with a sampling approach: The consequences of bad data for everyone involved in the lifecycle of a loan.
• Why it is important to improve the data validation process: Understanding the impact of improving data quality can help mortgage companies achieve strategic objectives.