Beidgewater provides comprehensive Secondary Market Services to help lenders streamline post-closing operations and maximize loan sale efficiency. Our experienced mortgage specialists manage critical secondary market functions, including purchase advice processing, data reconciliation, investor reporting, and compliance verification. We ensure the accurate validation of key loan information such as unpaid principal balance (UPB), purchase price, interest, fees, escrow balances, and payment schedules before loans are delivered to investors. By reducing discrepancies, improving data accuracy, and accelerating turnaround times, our scalable solutions help financial institutions minimize operational risks, strengthen investor relationships, and optimize profitability while ensuring a seamless and compliant secondary market process.
Our Mortgage specialist will process the purchase advice in LOS. Reconcile the data in purchase advice including UPB sold, interest and fees, purchase price, escrow balance, first payment due date on loan and first payment due date to the investor to make sure the loan is sold with correct balances.