Reducing Document Rejections: 5 Lien Release Best Practices
According to Ernst Information Services, over $500 million in closing cost losses are absorbed by the lending industry and companies like yours. Why? Because of rejected documents and lien releases. This whitepaper explores five ways you can decrease rejections, reduce liability and satisfy borrowers.
This free whitepaper discusses the following best practices:
1. Understanding Local Requirement
2. Taking Advantage of eRecording
3. Dealing with County Delinquencies & Wrong Documents
4. Handling Substitution of Trustee States
5. Closing the Loop