Best Practices And Risks In Mortgage Collateral Document Management
The nation’s home loan system is underpinned by hundreds of millions of collateral documents. Keeping them safe, knowing where they are, and making sure they’re accessible is a complex and arduous task, yet vital for the system’s functioning
In This Report You'll Learn About:
- Top Challenges In Servicers’ And Custodians’ Own Words
- Market Landscape: A Fragmented Ecosystem Of Servicers And Document Custodians
- Most servicers continue to encounter some level of lost documents at the custodian, and costs associated with such incidents can range as high as $50,000.
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