The following audiences can benefit in the following ways:
Originators – Compare what is needed to do business in all states where you are licensed — the requirements for licenses, education and fees, as well as any restrictions regarding advertising, specific transactions, fees, interest rates, etc.
Servicers – Compare the specific requirements for each state you do business in regards to escrow accounts, statements, payoffs and lien releases.
Closers and Post-Closers – Compare information on correct property documentation and signatory requirements to ensure a perfected lien in all states where you are licensed.
Compliance Officers – When auditing a file you must consider a variety of topics and areas of concern. With more than 100 different state compliance topics, you can quickly compare compliance information across multiple states.