GreenPoint introduces online loan monitoring facility

US lender GreenPoint Mortgage has developed Pipeline Manager - a new online loan monitoring tool for mortgage brokers.

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GreenPoint introduces online loan monitoring facility

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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.

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