SALT LAKE CITY, Utah, Dec 07, 2017 (SEND2PRESS NEWSWIRE)– TRK Connection (TRK), a leading service provider of home mortgage quality control and origination management solutions, revealed today that Wisconsin-based Waterstone Home loan Corporation has chosen the Insight Danger & & Defect Management (RDM) platform to conduct its internal quality control (QC) audits.
“After thoroughly considering our Quality assurance department’s existing procedure, we identified that our existing QC audit platform was not fulfilling our expectations and would be incapable of managing extra loan volume,” said Indar Ramadhar, vice president of loan shipment and quality control at Waterstone Mortgage. “Insight RDM has the functionality we have to maintain our requirements of loan quality and is scalable enough to accommodate our development for years to come. We look forward to a long and equally advantageous relationship with TRK.”
Insight RDM is the mortgage market’s very first cloud-based QC audit platform that was developed in direct partnership with loan providers to provide the features and performance had to lower repurchase risk and elevate loan quality. Developed to be device-agnostic, Insight’s intuitive user interface and advanced QC auditing tools simplify the loan defect management and remediation procedure. In addition, integrated action planning and business intelligence reporting from Tableau empower lending institutions to more effectively track, report and pattern loan flaws and proactively reduce future risk.
“Digital innovation should reach home mortgage QC if lending institutions want to maintain and enhance loan quality while accelerating the origination procedure through the pursuit of the eMortgage,” stated Teri Sundh, CEO of TRK Connection. “Insight RDM is the engine lending institutions require to drive loan quality throughout their company.”
About Waterstone Home Mortgage Corporation:
Headquartered in Pewaukee, Wisconsin, Waterstone Home loan is an entirely owned subsidiary of WaterStone Bank SSB (NASDAQ: WSBF) with assets of more than $1.8 billion. Established in 2000, the company now originates loans in 43 states. In 2016, it exceeded $2.5 billion in annual mortgage origination volume.
To learn more about Waterstone Mortgage, check out https://www.waterstonemortgage.com.
About TRK Connection:
Founded in 2013, TRK Connection prides itself on its capability to develop technologies that enable businesses to surpass their organizational requirements and meet their company objectives. As an innovator in the home mortgage origination and quality assurance area, TRK continues to develop and improve solutions tailored to promote and reinforce the loan origination process, pre/post-close loan audits and the defect removal procedure.
Presently, TRK offers options that support Home mortgage Audit & & Quality Control (Insight Threat & & Problem Management(TM)), Loan Origination Vendor Management (Core Link(TM)), Total LOS Connection Platforms and more. For more information, check out http://trkconnection.com.
(REF: NASDAQ: WSBF/ NQ: WSBF)
News Source: TRK Connection
This news release was issued on behalf of the news source, who is solely accountable for its precision, by Send2Press Newswire. To view the original story, see: https://www.send2press.com/wire/waterstone-mortgage-to-manage-qc-audits-using-trks-insight-rdm/The post Waterstone Home loan to Handle QC Audits Using TRK’s Insight RDM originally released on Florida Newswire. Copr. © Florida Newswire -a publication of NEOTROPE ®.-FloridaNewswire.com
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