Offering non-agency and portfolio products opens up new business opportunities, but it also comes with increased responsibility in today’s regulatory environment. Avoid compliance violations—and the penalties and reputational damage that come with them—by implementing systems that ensure you consistently apply policies and procedures to every loan. Automated technology enables you to document your files with your lending decision so it's easily defensible in a regulatory audit.
Ensure unbiased and uniform underwriting, as well as objective loan loss reserves calculations.
Ensure loans are originated according to your program guidelines and exceptions are handled consistently.
Avoid costly penalties from compliance violations, and streamline the auditing of your lending decisions.
Retain and demonstrate your evidence of compliance with a detailed findings report on every loan you approve or deny.
The only non-agency automated underwriting engine that can be custom-tailored to your guidelines.