Trelix Now Provides End-to-End Mortgage Fulfillment with the Addition of its Closing Services Solution
May 23 2018 - 9:30AM
Trelix, a leading provider of licensed fulfillment, quality control
and other due diligence products and services across the loan
origination and securitization lifecycle, today announced the
launch of its closing services solution that helps mortgage lenders
efficiently and properly execute and settle their loans. With the
addition of closing services, Trelix now provides a full suite of
end-to-end fulfillment services for its customers.
In today’s evolving mortgage industry, Trelix offers innovative
technology and services to help mortgage bankers and mortgage
purchasers mitigate risks, increase efficiency and reduce costs.
With the addition of closing services, the Trelix™ platform
helps its clients streamline the start-to-finish closing experience
from disclosure and document preparation to compliance review and
closing coordination. The NMLS-licensed Trelix employees
communicate regularly with all stakeholders and help improve
closing cycle times—reducing timing uncertainty for originators,
borrowers and realtors.
“As our customers work to minimize origination and underwriting
costs and become more efficient, they can now turn to Trelix to
provide an end-to-end experience for their borrowers,” said Jon
Gerretsen, President of Trelix. “We offer a seamless process for
our customers and their borrowers to ensure we are putting their
needs first so that we can stay competitive within the industry.
With the end-to end fulfillment services we offer, our customers
can use Trelix as the single vendor for all their mortgage
fulfillment needs.”
The Trelix suite of industry-leading mortgage fulfillment
offerings includes:
- Processing: Timely and accurate file
preparation from application to closing.
- Underwriting: Financial profile evaluation
against lending guidelines and loan criteria to better inform loan
request decisions.
- Closing Services: Fast and accurate closing
experience, including disclosure and document preparation and
compliance review.
- Loan Due Diligence: Full correspondent
performance analysis and Ratings Agency Due Diligence (RADD) to
help meet industry standards.
- Quality Control: Independent review of
applicable loan files and associated documents to help determine
and maintain compliance with agency and lender requirements.
- Advisory Services: Identification of process
inefficiencies and provide clear, actionable recommendations to
drive improvement to help meet unique client objectives.
- CastleLine® Certification:
Execution of the CastleLine proprietary risk management process to
help clients obtain Certified Loan™ insurance.
About Trelix™
Trelix offers a suite of end-to-end mortgage origination
products and services for mortgage industry participants. Our
solutions help customers manage regulatory obligations, reduce
costs and efficiently scale their operations. Trelix is part of the
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) family of
businesses. For more information, please visit trelix.com.
About Altisource®
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) is an
integrated service provider and marketplace for the real estate and
mortgage industries. Combining operational excellence with a suite
of innovative services and technologies, Altisource helps solve the
demands of the ever-changing markets we serve. Additional
information is available at altisource.com.
Investor
Contact:Indroneel ChatterjeeChief Financial
Officer+352-2469-7988Indroneel.Chatterjee@altisource.com |
Press
Contact:Britt E. GottliebSenior Manager,
Communications617-728-6118Britt.Gottlieb@altisource.com |
Source: Altisource Portfolio Solutions S.A.
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