Warehouse lenders advance funds to Mortgage Originators while the sale of the loan in the secondary market is being executed. While warehouse lending is low LTV and short duration, a warehouse lender’s risk is counter-party default and systemic underwriting errors and fraud (such as Taylor, Bean and Whitaker). Utilizing its extensive experience analyzing delinquency and identifying systemic fraud and errors, Digital Risk has designed QC Management solutions specifically tailored to help warehouse lenders detect counter-party systemic risk. Digital Risk’s solutions feature Analytical Tools – RiskIQ™ and Plates™ – and Expert Services – Forensic Analysis, Fraud Detection and Prevention and Collateral Advisory Services. Digital Risk also offers warehouse lenders Loss Management solutions for loans that age on its warehouse lines.
WAREHOUSE LENDERS
