Loan Acquisition

Efficiently finance, purchase and sell, securitize or hold residential whole loans. Monitor the entire loan pipeline, handle third-party reviews, and fund loans on a streamlined, automated basis.

Sellers can utilize our fully integrated Connect portal to qualify, price and lock loans on a flow or bulk basis to your eligibility guidelines and pricing. Sellers can monitor their pipeline and upload credit documents and satisfy conditions raised during reviews.

Product Highlights

Seller Management

  • Allow applied sellers to run pricing scenarios through the Connect portal

  • Track all onboarding activities from the initial inquiry to signing the MLPA

  • Enable self-sufficiency by letting sellers manage their own users

Pricing and Eligibility

  • Create product eligibility rules for flow and bulk acquisition

  • Maintain daily rate sheets with flexibility to override using off-sheet pricing

  • Create and track forward commitments with sublimits

Pipeline Management

  • Allow sellers to register and lock loans and upload bid tapes through the Connect portal

  • Manage loan pipeline for all sellers, including upcoming fundings

Third-Party Reviews

  • Direct orders to appropriate diligence vendors based on product & volume

  • Manage collateral review through integrations with custodians

  • View & resolve third-party reviewer’s results using automated vendor data feeds

  • Empower sellers to view exceptions and provide requested information

Document Management

  • Securely upload and store credit documents at a trade, pool, and loan level

  • Exchange documents with third-party vendors through secure integrations.

  • Upload documents one at a time or in bulk

Funding

  • Manage collateral review through integrations with custodians

  • Generate funding schedules with amortized balances, calculated interest and fees

  • Paperless signature approvals with integrated DocuSign technology

Add-ons

  • Reduce delays and costs due to missing documents and data discrepancies 

  • Classify and organize documents from the credit package

  • Extract key data points from documents like the Note, 1008, 1003, etc

  • Validate FNMA 3.4 pricing inputs against extracted data points 

  • Detect data discrepancies between indexed documents

  • Check for required documents prior to ordering third-party reviews

  • Preemptively generate conditions normally caught by the TPR

DocQC

  • Manage warehouse lines and borrowing activity

  • Define pricing, eligibility, and sub-limit definitions in accordance with MRAs and PSLs 

  • View liquidity forecast to track any cash short-falls and drive funding decisions 

  • Process fundings and returns on any line

  • Recalculate borrowing base in real-time for any collateral updates

  • Fully integrated with lenders that use SSI’s Warehouse Lending product

Pledge

  • Perform periodic QC audits on your counterparties

  • Inform counterparties of upcoming reviews

  • Configure questionnaires to facilitate reviews

  • Define eligibility checks that trigger based on questionnaire responses

  • Sample loans to review randomly, statistically, or using adverse criteria

  • Update counterparty’s tier based on their performance

Counterparty Audit