Leverages Indecomm Proprietary Platforms with LendingQB’s Lean Lending™ Processes
News Highlights:
- Indecomm Global Services new business partnership with LendingQB
- Indecomm integrates proprietary platforms with LendingQB’s Loan Origination System (LOS)
- LendingQB and Indecomm share a strategic focus on customer service
Edison, NJ (September 10, 2015)—Indecomm Global Services, a leader in business process outsourcing, learning, and technology solutions, is pleased to announce that it has formed a new business partnership with LendingQB™, a provider of browser-based, end-to-end loan origination software, offering customers new synergies. The partnership creates processing efficiency with the ability to perform multiple audits through Indecomm’s proprietary solution Kaizen™ to meet risk management excellence and final document management through ViewPoint™, which enables financial institutions of all sizes to reduce business risk on their loans through real-time tracking of final document submissions from title agents and correspondent lenders. Customers can access Indecomm’s robust and real time risk management and reporting through LendingQB’s LOS.
“This partnership is in direct response to our customer’s needs. Time and precision are of the essence,” said Rajan Nair, CEO, Financial Services Division, Indecomm Global Services. “Our customers will now be able to benefit from the efficiency of LendingQB’s LOS combined with the controllability to track multiple audit workflows through Kaizen. And they can use ViewPoint’s platform to reduce business risk on their loans through real-time tracking of final documents.”
“Providing our clients with seamless integrations to our vendor-partners is key to the Lean Lending™ Strategy,” said Binh Dang, president of LendingQB.
Kaizen audits and tracks loans in:
- Correspondent Pre-Purchase & Diligence
- Pre-closing/funding QA
- Post Closing Pre Delivery and QC
- Collateral Review
- Regulatory Compliance
- Servicing
Kaizen identifies loan level errors and patterns of defects, identifying the responsible parties and loan types. The system categorizes the root causes of the defects it finds, enabling correction before the problem becomes systemic while allowing the ability to outsource none, some or all of the process. ViewPoint offers lenders data on final documents related to portfolios, agents, and correspondent lenders. It provides performance measures relative to their expected date of return. It also offers scorecards on performance of agents measured against their counterparts. Importantly, ViewPoint can directly access a county’s recording data to retrieve the recording status of a mortgage including the underlying data. All of this flows into documentation by state, investor, loan pool, as well as correspondent lender and/or title agent.
Indecomm and LendingQB understand the challenges that the economy and regulators present to the mortgage industry. Both view this as a time for specialization and collaboration.
About Indecomm Global Services
Indecomm offers consulting, outsourcing, learning, and technology solutions to our clients in the financial services, hi-tech, life sciences, education, and publishing verticals. We combine technology platform-driven outsourcing solutions with a flexible delivery model. Indecomm helps its clients improve profitability, gain time-to-market advantage, and achieve immediate return-on-investment.
With over 3,500 associates worldwide, Indecomm services its clients from global delivery centers and offices in the United States, Costa Rica, the United Kingdom, India, Malaysia, Singapore, Indonesia, and the Philippines. For more information, visit www.indecomm.net. Indecomm is funded by leading global venture capital funds, including WestBridge Capital Partners, Tiger Global Management Private Equity, and the International Finance Corporation, a member of the World Bank Group. Contact Indecomm by email at marketing@indecomm.net or call (732) 404-0081.
Read more Indecomm news at the Indecomm newsroom.
About Indecomm Mortgage Services
Indecomm Mortgage Services is a trusted partner of top lenders and servicers, providing them with quality assurance, risk management, and loan fulfillment services. Indecomm’s title and settlement services platform-based solutions include title search and typing through iTitleHub™, post-closing through Dynamic Doc Hub™, eRecording through InteleDoc Direct™ and mail away recording supported by Indecomm’s recording website. Indecomm-Mortgage U is a close collaboration between Indecomm Mortgage Services and Indecomm Learning. The Indecomm-Mortgage U Health Check enables companies to ensure compliance with current regulations and anticipate the impact of new ones.
Press Contact:
Linda Purpura
Indecomm Global Services
linda.purpura@indecomm.net
(646) 470-1690
About Lending QB
LendingQB is a provider of 100% web browser-based, end-to-end loan origination software offering residential mortgage banking organizations lean strategies for optimal performance resulting in faster cycle time and lower costs per loan. For more information, please call 888.285.3912 or visit www.lendingqb.com.
Press Contact:
LendingQB
Staci Dao, Marketing Manager
Phone: (714) 957-6334 x2342
Email: stacid@lendingqb.com
Trademarks: LendingQB™ and Lean Lending™ are trademarks of MeridianLink in the U.S. All other trademarks, service marks, and product or service names are trademarks or registered trademarks of their respective owners.
