Mortgage

Lenders who originate loans kick off a decades-long lifecycle of processes, transactions, and approvals. Those transactions create massive amounts of information: spreadsheets and tables and endless paper trails. BaseCap keeps those files secure and accurate as the data moves through your systems.

As a mortgage loan is sold to and managed by servicers, files like credit reports and income statements travel with it. All that documentation can quickly become tangled or even go missing without proper data validation. BaseCap continuously verifies data from all your systems, giving you greater confidence in the loans you’re boarding and sending.

Regulatory compliance can make or break a mortgage lender’s reputation. By uncovering areas of risk before they become an issue, BaseCap helps internal auditors protect their org from financial penalties and reputational damage while providing a clear paper trail for reporting to institutions like the FDIC and CFPB.

Trading and investing in Mortgage-Backed Securities (MBS) is vital to the liquidity of the mortgage industry. It’s also where unseen risk can have an outsized impact on the global economy. Lenders use BaseCap to gain greater transparency of their loan information, helping them overcome many of the challenges that precipitated the 2008 financial crisis.

Lenders, servicers, sub-servicers, and other mortgage entities must regularly report critical financial and operational data to boards and investors. This communication is critical for maintaining transparency and trust and is often compulsory by legal and regulatory obligations. BaseCap accelerates the compilation of these reports and ensures 100% accuracy of the underlying intel.