One task that all servicers should examine carefully is the activity set associated with the post-closing process. Post-closing can be defined as those activities performed by an institution during the transition from loan funding to servicing. These steps are critical in optimizing servicing, and to ensure delivery of a final loan package that can easily meet investor requirements.
An outsourced post-closing process brings many benefits to an organization. Significant reduction in IT investment costs, conversion of fixed costs associated with post-closing to variable costs, centralization of post-closing functions, easier absorption of volume fluctuations, better utilization of trained staff, and a clearer focus on existing company strengths, are just a few of the benefits of outsourcing your post-closing to us.
Together with our subsidiary, Security Connections, Inc. (SCI), we offer a new way to handle post-closing with our experienced, 100% US-based team. We leverage our experience in this area to save you money, streamline your portfolio, and introduce new efficiencies to your operation. Let us show you our new approach to post-closing.