Whether you are purchasing loans on a flow basis or in bulk, and regardless of asset performance (performing, re-performing, modified, non-performing, etc.), we can assist you in the acquisition and due diligence review process, ensuring the best execution on your entire loan purchase.
The lender's post-closing process begins with whole loans delivered to Infosys BPO Americas LLC via secure email, hard file, or direct upload. An email notification alerts the purchase review department once the file and/or pool of loans is received. Our web-based portal can be private labeled for a seamless customer experience.
For paper (hardcopy) files, the purchase review team begins with the package setup and final indexing. Once complete and indexed, the team perform a prescribed purchase review audit of relevant documents and data. Upon completion, a purchase advice report is sent to the lender and posted in the archive.
The purchase review audit is designed to ensure that the loan is scrubbed of discrepancies and deficiencies related to loan purchasing or boarding. However, the purchase review audit is not and should not be construed as underwriting.
Our team uses standard purchase review auditing, including:
We enhance your whole loan purchase review to deliver improved loan delivery data, ensuring that is comprehensive, accurate and complies with the mortgage terms. Our whole loan purchase reviews also ensure that the loan meets the credit and eligibility standards, pricing guidelines, and other requirements of investor selling guides or negotiated variances.
Our whole loan purchase review service helps you to: