Our Compliance Control Center (C3) and exclusive surveillance reporting, monitors all aspects of compliance.
Protecting your business from catastrophic regulatory actions is a full-time concern. And you need solutions that align with your business needs.
“Plug and Play” options will work for most but some level of customization is almost always necessary. MasterServ offers a customized, integrated platform that reduces your costs, preserves future revenues and makes you 100% compliant. We focus on the entire loan lifecycle while understanding your specific business requirements.
MasterServ modules cover every aspect of the loan lifecycle. But we recognize that the needs of every lender and servicer are different. On the servicing side we address every need, whether your are an owner of MSRs, a subservicer or an investor.
A cloud-based Software as a Service (SaaS) solution that provides fully consistent testing across all properties, reduces time, improves close rate, and reduces buyback risk.
The Appraisal Review module provides an automated system of controls, verifications and testing to ensure appraisals represent reliable, credible valuations. C3A identifies market, property, appraiser, collateral valuation, consistency and market/neighborhood risks.
When C3A determines the risk profile exceeds acceptable thresholds, it alerts clients to recurring valuation and performance risks that require action. Using over 500 rules, C3A produces appraisal scores and appraiser scorecards to manage risk when relying upon an appraisal in a real estate transaction.
Once the analysis is complete, the comprehensive AppraisalNsight report is available for the user to review. The AppraisalNsight report provides you with overall scores for risk and variances that identify sub-standard best practices in reporting, disclosures and/or inconsistencies in the report that may not comply with USPAP and/or GSE Property and Neighborhood Guidelines which may result in loan repurchase. The indexes derived are flagged and scored using unbiased statistical weighting factors that roll up to the overall Risk and Value scores. The report gives the reader a thorough review of the appraisal. Investors can be assured an objective and transparent analysis was performed by a non-related third party. The report is best utilized pre loan approval and before the loan is delivered to CU and/or the investor; although it functions well as a post funding QC tool also.