Using Engagement-Based Professional Services to Meet Your Business Needs – NMP Skip to main content

Using Engagement-Based Professional Services to Meet Your Business Needs

May 28, 2014

The mortgage industry today is in the midst of significant change. Between investor and agency requirements, and the ongoing changes in regulatory compliance requirements, the need for clear and current documentation has never been greater. In today’s fast-paced, change-centric environment, finding the time, attention, and most importantly, resources, to complete large scale authorship initiatives is a challenge in and of itself. AllRegs, the leading information provider for the mortgage industry, has launched engagement-based professional services to meet the documentation needs of mortgage lenders and the various departments within their organizations, including mortgage compliance, mortgage underwriting, mortgage servicing and more. From policies and procedural guidance, to full service lending guides (wholesale, retail, correspondent, etc.) mortgage lenders can leverage more than 20 years of AllRegs’ industry expertise to create a custom documentation solution, with the ability to scale up or down as the needs changes. “While doing custom documentation for many large scale clients, we found that many companies need continued updates to projects as industry changes are made,” said Dan Thoms, executive vice president of AllRegs. “For example, a company looking for a Credit Policy Manual or Seller’s Guide may also benefit from scheduled quarterly updates. Engagement-based services offer the ease of continuing updates and changes without the need for additional contracts or sales meetings. You let us know how else we can support your documentation goals, and our writing team gets back to work without a loss in momentum.” Some benefits of these engagement-based services include: ►Leveraging AllRegs’ 20-plus years of industry experience and understanding of regulatory compliance and industry best practices for a fraction of the price of a full-time staff writer. ►Creating full-scale documentation for your organization that can be easily published in a variety of formats, including AllRegs Publishing Services. ►Expanding project scope easily using the engagement-based project model. ►Creating custom solutions you need, based on the available suite of services. ►Engagement Reports issued regularly to keep you informed on the time/resources expended on your project, with no budgetary surprises. ►Project management and communication supported by AllRegs, with insight into how comparable companies are approaching similar challenges. ►Consultative guidance resulting in stronger practices and improved efficiencies. For a personal consultation on your engagement needs, call your dedicated account executive at (800) 848-4904. Or, get more information about AllRegs and the full suite of products and services by visiting www.allregs.com today. Dan Thoms is executive vice president/chief strategy officer for Eagan, Minn.-based AllRegs. He may be reached by phone at (651) 289-4801 or e-mail [email protected].
About the author
Published
May 28, 2014
MISMO Updates Business Glossary To Support AI, eMortgages

New definitions covering eHELOCs, remote online notarization, valuation modernization, and compliance initiatives aim to improve consistency

Underwriters Don’t Slow Down Loans. They Eliminate Uncertainty.

ndustry’s biggest bottleneck is not underwriting itself — it is the uncertainty that reaches underwriting too late in the process. When validation happens upstream, speed follows naturally.

MISMO Launches AI Governance Framework For Mortgage Lenders

New FRAME toolkit gives lenders, servicers, and technology providers a roadmap for managing AI risk while supporting innovation

CFPB Tells Lenders Immigration Status Can Factor Into ATR Analysis

CFPB frames immigration status as a potential ability-to-repay factor when future U.S.-based income is at risk

UAD 3.6 Deadline Nears; First American Earns Verification

First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements

MISMO Introduces New Loan Boarding Standard

Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan