Drive compelling new efficiencies and confidently support third-party oversight due diligence and monitoring demands
RELATIONSHIP MANAGEMENT
SIMPLIFY APPLICATION PROCESSES
With instantaneous access to every TPO and loan officer existing in NMLS® Consumer AccessSM, users are able to streamline strategic initiatives, as well as counterparty application and renewal processes, while simultaneously eliminating unnecessary inefficiencies, risks, and expenses.
ENSURE COMPLIANCE
MANAGEMENT, MONITORING & DUE DILIGENCE
Our robust solution enforces the policies and procedures that you establish in your compliance management system. Continuous monitoring guarantees that organizational compliance is always current, while methodical automation improves accuracy and transparency to satisfy internal and external compliance requirements. Protect your business reputation and potential liabilities by meeting all regulatory requirements of the CFPB, FDIC, and NCUA.
AUTOMATE WORKFLOWS
ELECTRONICALLY MANAGE TPO DOCUMENTS
Leverage automation to simplify the collection and management of TPO documentation. Once a TPO uploads their documents, there is no need for them to provide those documents again. Due to integration with NMLS Consumer Access, our solution automatically populates stored data to streamline administrative tasks. All documentation associated with a TPO is easily retrievable in the system’s record library and comprehensive audit trails are always provided.
ATTAIN GROWTH & EXPANSION GOALS WITH EASE
"In today’s evolving regulatory climate, it's vital to employ a solution that can effectively and efficiently support TPO due diligence and monitoring demands to achieve growth and expansion goals through automation, unmatched data consistency, and accuracy."
ENHANCEMENTS
MAXIMIZE THE POWER OF COUNTERPARTY OVERSIGHT
INSIGHTS
MAXIMIZE TPO RELATIONSHIPS & MINIMIZE OVERSIGHT RISK
Conducting annual reviews on third-party originators has always been a time-consuming task. Even with automation and technical efficiencies in the quality control arena, resources are often allocated to areas that demand more constant oversight efforts than renewals. This has led a significant percentage of third-party investors to fall back on manual processes for their annual renewals. Download our Third-Party Best Practices & Checklist to learn how to maximize TPO relationships and minimize oversight risk!
ACCELERATE YOUR BUSINESS
Leverage Optimal Blue's comprehensive suite of investor management solutions to grow relationships, increase engagement, transact, mitigate risk, and identify new and profitable opportunities.
