Validating Data From Third Parties
A prominent investment firm had been growing its mortgage business and consulted with BaseCap Analytics to address its growing data issues. With a portfolio of 7000+ loans, each with 600+ data points (columns), the firm had grown their loan volume to roughly $1.66B. As they grew, an expanding servicer ecosystem presented scalability issues with their existing manual workflows. These growing pains presented an opportunity to the company: modernize legacy processes to achieve greater speed and accuracy with automated data validation software.
The Future of Mortgage Loan Servicing
Tomorrow’s Servicing: Automated Transfers, Recoverables and Accuracy: In this webinar, you will hear industry veterans from mortgage giants…
The Impact of Bad Data
The Increasing Dependence on Data Organizations across industries are becoming more “data-driven.” The mortgage industry for example, faces downward margin pressures and immense competition from a surge of fintech upstarts. Some are turning to Artificial Intelligence/Machine Learning (AI/ML) models to identify new opportunities, such as launching campaigns for clients who may want to refinance their mortgages. […]