A Proven Way to Increase Underwriting Capacity

Collateral underwriting turn times have been slowing for more than a decade as new guidelines, overlays and documentation processes add to an already-long appraisal review process. This case study explores how Sierra Pacific Mortgage worked with CoreLogic’s Mercury Network collateral platform and its built-in RealView QC solution to successfully implement a risk-based automated appraisal review.

This white paper offers a look at how CoreLogic was able to configure a comprehensive tool that allowed Sierra Pacific to significantly increase underwriting capacity, improve loan approval times, enhance compliance efforts and deliver higher-quality valuations.

Publisher: CoreLogic

Date: November 2020

Popular White Papers

Accurate Pricing in a Volatile Rate Environment

Following two years of rate volatility in the housing market, accurate mortgage pricing has become more important that ever for mortgage lenders and their capital market partners. In response to this need, lenders across the industry have employed innovative tools to meet this demand. How can lenders keep up with a constantly-evolving market? More importantly, […]

Featured Content

Home equity access: How Finance of America bolsters the market with home equity products

In today’s economy, mortgage rates and housing expenses have consistently risen. As a result, older citizens are tapping into their retirement savings to cover costs—if they have it. However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new […]