SALT LAKE CITY, Utah, Sept. 25, 2017 (SEND2PRESS NEWSWIRE) — TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that it has added a data subscriptions feature to its flagship mortgage quality control (QC) audit platform Insight Risk & Defect Management (RDM).
Through this functionality, lenders and third-party audit firms using Insight RDM will be able to set up one-to-one subscriptions to automate and streamline the transfer of loan data and defect findings, eliminating the need for lenders to manually transmit loan files to their third-party firm and then re-enter defect findings into their system of record. In addition, lenders can also subscribe to questions sets developed and maintained by third-party audit firms, ensuring that lenders have the most current set of audit review questions covering state, federal, GSE and other agency requirements.
“Two of the biggest challenges lenders face in the QC process are exchanging files and results with their third-party audit firm and keeping their question sets up-to-date,” said Colton Hansen, VP of Business Development at TRK. “This data subscription feature eliminates both of those challenges for Insight RDM users and enables lenders to maintain speed QC process while ensuring the highest levels of loan quality possible.”
Built in collaboration with the mortgage industry’s leading lenders, Insight RDM is the mortgage industry’s first cloud-based QC audit platform that delivers the features and functionality lenders need to reduce repurchase risk and elevate loan quality. With an intuitive interface and sophisticated QC auditing tools, Insight streamlines the loan defect management and remediation process. Integrated action planning and business intelligence reporting powered by Tableau and empowers lenders to more effectively track, report and trend loan defects, thus extending the value of Insight RDM to proactively mitigate future risk.
About TRK Connection:
Founded in 2013, TRK Connection prides itself on its ability to develop technologies that allow businesses to surpass their organizational needs and meet their business objectives. As an innovator in the mortgage origination and quality assurance space, TRK continues to develop and refine solutions geared to promote and strengthen the loan origination process, pre/post-close loan audits and the defect remediation process.
Currently, TRK offers solutions that support Mortgage Audit & Quality Control (Insight Risk & Defect Management™), Loan Origination Vendor Management (Core Connect™), Complete LOS Connectivity Platforms and more. For more information, visit http://trkconnection.com.
News Source: TRK Connection