Mortgage Sentinel Introduces Secret Shopping Concept To Mortgage Industry – NMP Skip to main content

Mortgage Sentinel Introduces Secret Shopping Concept To Mortgage Industry

Jul 21, 2020
Keeping a secret with tape on mouth | Photo by Kat Jayne from Pexels
Senior Editor

Mortgage Sentinel, a partnership between Lodestar Software Solutions and RDAssociates, is claiming to be a first of its kind “secret shopper” service for the mortgage industry. The service uses proprietary research techniques, in-depth analyses and hands-on training to improve the interactions between mortgage originators and potential borrowers.
 
According to Richard Douglass, president of RDAssociates, “In-person client interactions are by their nature a black box and secret shopping is the perfect tool to help originators hone the way they communicate with borrowers.”  
 
Mortgage Sentinel leverages LodeStar’s network as an experienced mortgage technology provider with RDAssociate’s 20 years of experience in compliance work to create a solution that monitors loan officers’ adherence to internal protocol as well as industry regulations. According to Douglass, the approach “ultimately results in higher performance and profits for the mortgage originator.” 
 
Mortgage Sentinel specialists will work with mortgage lenders in advance of quality assurance or “secret shopper” audits to understand all policies and procedures in place to support compliance efforts. Its compliance team will focus on particular areas of concern and company specific requirements in order to customize the quality assurance process.
 
From there, the Mortgage Sentinel team will collect data by contacting members of the client’s customer-facing staff as potential borrowers. The subsequent conversations will be captured, with the cumulative data analyzed against the criteria established at the beginning of the project.
 
According to Jim Paolino, CEO and founder of LodeStar, “There is so much focus on technology to track leads, clients in the pipeline and past customers automating the lending process. However, this automation does not account for the inherently personal nature of the mortgage process. At the end of the day getting a loan or not often comes down to one conversation between the borrower and lender. We strive to provide insight and improve this very human part of the loan.”
 
For more information, go to www.mortgagesentinel.net
About the author
Senior Editor
Keith Griffin is a senior editor at NMP.
Published
Jul 21, 2020
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026
Newrez, eXp Realty Form Joint Venture To Target Purchase Business

Revenos Mortgage is set to launch in early 2027, replacing eXp's joint venture with Kind Lending

Oct 08, 2026