GreenPoint introduces online loan monitoring facility
21 August 2001 | 2058 views | 0
US lender GreenPoint Mortgage has developed Pipeline Manager - a new online loan monitoring tool for mortgage brokers.
The 24-hour-a-day monitoring services include a complete review of all loans submitted by the broker, including lock expiration, loan amounts, rates and rebates as well as a list of most recent funded, cancelled and denied loans.
Pipeline Manager will track the current status of each loan as well as underwriting conditions; review detailed loan criteria for each loan submitted including pricing information and fees; and monitor a list of documentation and the method received for each loan.