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Why 2024 is the Year of Total Validation

The white paper discusses what’s wrong with the current approach to data validation, the risk with a sampling approach, and the impact of automating data QA on the success of strategic objectives.

The Mortgage Industry’s Data Problem

Download Now It’s time to get real about Mortgage’s Data Problem Originating and servicing mortgages requires a lot of information: hand-written forms, signed documents, legal paperwork, and endless spreadsheets. Often banks and lenders don’t have the resources to keep all that data clean and accessible. In this report, presented by National Mortgage News, you’ll discover […]

Unlocking Self-Serve OCR

Optical Character Recognition (OCR) converts text in pdfs and images into machine-readable data. BaseCap makes OCR self-serve for everyone at your org.

Mortgage Data Validation

Mortgage companies are on a constant mission to reduce cost-per-loan. This crucial metric affects everything from customer service and loan volume all the way to regulatory reporting and strategic decision-making. One method that every bank or lender can use to shrink their cost-per-loan is by improving data quality.

AI in Mortgage: Same Job, Better Workflow

Learn everything you need to know about AI in the mortgage industry, including the future of workflows in origination, servicing, compliance, capital markets, and investor reporting.

Simplifying Massive Data Transfers

There are segments in nearly every industry where moving, boarding, or transacting on data is critical to business operations. Hear from Steven Smith about the new technologies that makes large data transfers easier and more accurate.

From Sampling to Total Mastery: Elevating Your Data Review

“Bad data” is impacting borrower experiences and corrupting decision-making in the mortgage industry. Most organizations validate only a sample of their data, letting bad information slip through the cracks. In this webinar, you’ll learn how leaders in the mortgage space are shifting from a sampling approach to one of “total mastery,” i.e. 100% data validation. […]

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Terms & Conditions

24 Hour Loan Due Diligence Guarantee

Guarantee Offer:
We guarantee a 24-hour turnaround time for performing a standardized diligence checklist and providing a certification for eligible loans. If we fail to meet this commitment, we will provide a credit for the affected loan on the client’s next loan submission. This guarantee timeline does not apply to exception resolution and subsequent reruns of loans.

Conditions & Exclusions:

This guarantee applies under the following conditions:

  1. Cutoff Times & Business Days:
    1. The 24-hour period begins from the time of submission, provided it occurs before the daily cutoff time as defined in the contract.
    2. 2.Submissions received after the cutoff time will be treated as received on the next business day, and the 24-hour period will begin from that point.
  2. Force Majeure & System Outages:
    1. This guarantee does not apply in the event of Microsoft Azure outages, broader cloud service disruptions, or any force majeure events beyond our control.
  3. Third-Party Dependencies:
    1. If document scans, data files, third party reports or other required materials are delayed due to our provider or an integration partner, the 24-hour clock will not begin until all necessary documents and data are received.
  4. Volume Spikes:
    1. If loan volume exceeds 30% of the rolling 30-day average, we reserve the right to temporarily suspend the 24-hour guarantee until processing volumes return to normal or are reflective of the new increased average.
  5. Exclusions & Modifications:
    1. We reserve the right to modify or suspend this guarantee at our discretion in the event of circumstances beyond our reasonable control.
    2. The credit applies only to the next loan submitted by the client and has no cash value.

By submitting a loan for diligence under this guarantee, the client acknowledges and agrees to these terms.