LPS LOAN QUALITY GATEWAY®, POWERED BY RealEC
The sweeping loan quality initiatives of 2010 are redefining the relationship between investors and lenders. The Loan Quality Gateway (or LQ Gateway) is the solution that will help financial institutions meet these challenging requirements by providing the integration, data handling, decisioning and workflow management required for current and emerging loan quality programs.
Use of LQ Gateway enables lenders to reduce the occurrences of loan repurchase requests due to verifying loan data earlier in the origination process. Lenders save on resources, time and costs to build connectivity and technical infrastructure, allowing them to focus their internal IT resources on core business goals and activities. In addition, lenders benefit from increased efficiency and reduced processing costs. LQ Gateway also augments lenders’ existing data repositories and provides access to robust reporting and analytics.
The LPS LQ Gateway is a proven, scalable technology platform that enables both efficiency and compliance with loan quality requirements and the distinct advantage lenders need to meet today’s origination challenges.