Falcon Capital Advisors can help you develop a customized digital mortgage strategy that is as unique as your business. We consider how digital mortgages fit into your broader strategic goals, whether they are to reduce costs, improve operational efficiency, or improve your customer experience. Then we adjust and optimize our approach to meet your objectives.
Falcon Capital Advisors can take your digital mortgage goals from vision to reality. Our experts develop and implement end-to-end digital mortgage transformations, from point of sale through closing and beyond.
PROCESS EFFICIENCY
Shorten the entire loan lifecycle
Decrease warehouse turn times
Automate manual validations
Eliminate paper note shipments
Optimize capital resources
IMPROVED BORROWER EXPERIENCE
Attain more efficient closings
Increase transparency in closing process
Reduce risk of post-closing errors
REDUCED RISK
Eliminate missing/incorrect signatures
Identify fraud and double pledging
Improve data quality and validation
Reduce repurchase risk
Eliminate risk of lost notes
Improve control of collateral
Digital Mortgage Readiness
We offer a turn-key Digital Mortgage Readiness Assessment that evaluates the following 5 key components:
- Trading Partner: The readiness of your trading partners to support your digital mortgage initiatives, (e.g., originators, warehouse lenders, investors).
- Regulatory: Regulatory and jurisdictional requirements (e.g., In-person electronic notarization (Ipen), remote online notarization (Ron), eRecording)
- Technology: Your current technology landscape (e.g., SMART Doc® eNote Generation, digital closing room, eVault).
- Operational: Your existing operations, workflows, policies and procedures.
- Vendor: The readiness of your vendors to support your digital mortgage initiatives (e.g., subservicers, underwriters, custodians).
Our experts can assess and recommend updates to your current business processes, workflows, policies and procedures, ensuring that all impacts stemming from the implementation of digital mortgages are fully integrated. When we’re done, you can be sure your digital mortgage strategy has the structure and support it needs to scale.
Digital Mortgage Readiness
Our Operational Support services include:
- Process Reengineering
- Change Management
- Policy & Procedure Development
- Digital Mortgage Education & Staff Training
Most organizations use a combination of technologies, not all of which were designed to support digital mortgages. Before recommending or implementing new systems, we assess the capabilities of your existing technology ecosystem, so you can be sure to have the right components in place to realize your digital mortgage strategy.
Digital Mortgage Readiness
Our Technology Assessment & Deployment services include:
- Technology Vendor Selection
- Digital Closing Room & eVault Implementation Support
- MERS® eRegistry Integration Support
- Digital Mortgage Product Support
Many digital mortgage initiatives fall short because regulatory constraints and compliance factors were not fully considered.
Compliance is in our DNA. We take a broad view of all regulatory considerations, so your digital mortgage transformation avoids these pitfalls and is designed to stay compliant.
Compliance is in our DNA. We take a broad view of all regulatory considerations, so your digital mortgage transformation avoids these pitfalls and is designed to stay compliant.
Digital Mortgage Readiness
Our Digital Mortgage Regulatory & Compliance services include:
- MERS® eRegistry Quality Assurance Assessments
- Digital Mortgage Regulatory Compliance
- eRecording, In-Person Electronic Notarization (IPEN) and Remote Online Notarization (RON) Requirements
- Mortgage Industry Standards Management Organization (MISMO) Requirements
Everyone who is part of your mortgage process needs to be able to fit into and support your digital mortgage strategy. To succeed at a digital mortgage adoption effort, all trading partners and vendors must be prepared.
We can develop training, onboarding support and trading partner acceptance programs that will give you the confidence that your vendors and trading partners are well prepared to accept and help accelerate your digital mortgage strategy.
We can develop training, onboarding support and trading partner acceptance programs that will give you the confidence that your vendors and trading partners are well prepared to accept and help accelerate your digital mortgage strategy.
Digital Mortgage Readiness
We offer a turn-key Digital Mortgage Readiness Assessment that evaluates the following 5 key components:
- Trading Partner: The readiness of your trading partners to support your digital mortgage initiatives, (e.g., originators, warehouse lenders, investors).
- Regulatory: Regulatory and jurisdictional requirements (e.g., In-person electronic notarization (IPEN), remote online notarization (RON), eRecording).
- Technology: Your current technology landscape (e.g., SMART Doc® eNote Generation, digital closing room, eVault).
- Operational: Your existing operations, workflows, policies and procedures.
- Vendor: The readiness of your vendors to support your digital mortgage initiatives (e.g., subservicers, underwriters, custodians).
