Loan Boarding & Loan Administration

Peoples Processing offers a suite of services in Loan Boarding & Loan Administration:

Loan Boarding

Newly boarded files are loaded and verified with the documents received for accuracy in the system

Loan Administration

Payoff
Receive payoff request from internal or external sources, prepare the payoff quote including all fees and costs based on the Good thru date

Escrow Analysis
Escrow analysis report is run based on the due dates and changes in Tax and insurance lines

Escrow Reconciliation
Escrow reconciliation is a way for a mortgage company to account for payments and any changes over the course of mortgage to make sure borrower is not overcharged

Special Loans
Service Provider will provide modification booking services by reviewing documents and related loan servicing systems to ensure a modification action can proceed

Benefits of partnering with Peoples Processing for Servicing

Over a decade of experience in Nationwide Loan Processing:

Licensed to do business in 29 States, enables adherence to your state-specific requirements

Headquarters in Austin, TX with two production facilities located in India

Experience working with all the leading LOS, Compliance and Servicing platforms

Flexible engagement model to help you reduce fixed costs

SSAE 18 compliant (SOC 2 audit in the process)