Candor Technology Creates First-Ever Loan Quality Services Underwriting Engine
Candor Technology announced that it has created the first-ever automated underwriting engine for Loan Quality Services (LQS), further helping clients transform their business models for the twenty-first century. "Candor is dedicated to finding new and innovative ways to leverage technology to enhance the lending process" Candor is offering lenders its Loan Quality Services for just $75 per loan file, enabling them to adapt to current market conditions while still offering borrowers best-in-class service. Candor's LQS addresses many pressing concerns such as QA's impact to fallout, QC impact to loan profitability, leakage of recurring defects from QA to QC, and originator's quality ranking with investors. Candor's LQS gives client members access to automation of numerous capabilities, including primary source document and data validation; thorough re-underwrite of income and asset; application of guidelines and overlays; defect identification and resolution; and reporting and repurchase defense data. AI News: An Investment Into Artificial Intelligence as Daktela Buys Coworkers.ai
Nov-30-2022, 11:25:26 GMT