Origination

Newbold's Mortgage Origination practice provides clients with the expertise and experienced staff needed to deliver market-leading customer service to borrowers, peerless quality to investors, and the best possible returns to the bottom line.

Managing in the narrow-margin residential mortgage origination business is complex.

Newbold experts help manage the complexity, tame the regulatory beasts, and drive down cost.  We offer the following services, delivered by loan origination experts:

Business Strategy and Management Consulting

Our consultants can help you to keep your origination platform and capital markets execution tuned for success. Whether considering adding a new channel or assessing if your current technology can handle your growth trajectory, we bring the industry knowledge and ‘been there’ experience you need.

Process Engineering

The residential mortgage origination process includes more than 250 separate functions, each of which is an opportunity to reduce cost, improve service, and avoid defects.  Not only can we accelerate work on improving your processes, we are adept at applying the best loan origination technology to optimize automation and user experience.

Change and Project Management

Newbold consultants and project managers are business people who objectively focus on keeping your company aligned with the industry – and your strategy.

· Project management – qualified PM experts with deep mortgage origination background
· Regulatory change implementation and compliance governance
· Operations rationalization and optimization
· Secondary marketing, pricing, product management and investor relations

Origination Technology

We offer services to support your company’s effective use of loan origination systems and vendors, no matter where they are in their life cycle.

As a trusted advisor, we can help with technology planning, system and vendor selection, vendor oversight, technology management as well as a range of technology change services, including:

Implementation Services

From RFP to go-live, get skilled staff to install core tech on-time & within budget, including project managers and subject matter experts, many of whom are accredited Project Management Professionals and/or Certified Mortgage Bankers.
Technical Resources

Business & technology experts in all the disciplines you need, including database management and BI, data center management and operations, telecommunications, interfaces & more.
Test Resources

Quality assurance and acceptance testing professionals to help with LOS test planning, risk management and case development. We also deploy test execution resources who are experienced processors, underwriters, closers and operations managers.
Data and Business Intelligence

Data management professionals can make sense of the mountains of data your business produces by providing data warehousing, reporting and dashboard capabilities all integrated with your LOS and other systems and tuned to improve your ability to manage your business.

Out-sourced services

Skilled resources to help in your drive to superior loan quality, including in-line or post-closing QC, repurchase defense underwriting, compliance testing and more.