PrivoCorp offers a suite of services in Loan Boarding & Loan Administration:

Providing Processing Support that cuts across Originations
as well as Post-closing

Loan Boarding

Newly boarded files are loaded and verified with the documents received for accuracy in the system

Loan Administration

Payoff
Receive payoff request from internal or external sources, prepare the payoff quote including all fees and costs based on the Good thru date
Escrow Analysis
Escrow analysis report is run based on the due dates and changes in Tax and insurance lines
Escrow Reconciliation
– Follow up with respective departments for trailing documents. And upon receipt, review them to check accuracy and completeness – Post completion, index, key in the information and inform the status to the client
Escrow reconciliation is a way for a mortgage company to account for payments and any changes over the course of mortgage to make sure borrower is not overcharged
After reviewing per investor guidelines, Peoples Processing ensures a seamless delivery. This process involves follow-up on exception items, and ensuring the timely delivery of the QC’d loans.
Special Loans
Service Provider will provide modification booking services by reviewing documents and related loan servicing systems to ensure a modification action can proceed

The Blue print for

Mortgage Servicing Excellence

Discovering the Secrets to Elevating Borrower Experience, Ensuring Compliance, and Reducing Costs

Our Process

PrivoCorp's PowerMatrix

The PowerMatrix solution suite is the driving force behind PrivoCorp’s success across its origination and servicing solutions. It epitomizes the fusion of unparalleled Mortgage domain understandingcutting-edge Technology expertise, and comprehensive Process knowledge.

PowerMatrix stands as a testament to the company’s unwavering commitment to excellence in the mortgage industry.

PowerMatrix empowers PrivoCorp to consistently deliver top-tier service and solutions to its mortgage clients, that are tailored to their specific needs.

Find out how PrivoCorp can help in improving borrower experience and retaining them

PrivoCorp offers a full range of mortgage loan setup

Our Services​

Benefits of partnering with PrivoCorp

  • Over a decade of experience in nationwide loan processing
  • Offers processing services from Origination to Post-closing
  • Leveraging latest technologies such as AI and Machine Learning in mortgage fulfillment
  • Flexible engagement model to help you reduce fixed costs

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Our Services​

Testimonials

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The Blueprint for Mortgage Servicing Excellence