Thanks to our Clients for a Great 2019!
By: William Dolan
To All our Clients:
It’s been a busy year at SCA, and we have you to thank.
SCA had a number of firsts launched in 2019 by our Mortgage Technology consultants offering several new services for clients. You requested that fulfillment services be offered by SCA to outsource both Rate-Lock Desk and Systems Administrator functions to reduce potential risk, eliminate exposure, and above all, be cost-effective. SCA listened, our Tech team delivered and our clients benefited and are ecstatic with these new programs and the results that they achieved.
Clients made several purchases this year in either the LOS and/or Product and Pricing Engine areas and SCA provided the necessary industry knowledge and experience based on the record number of successful implementations completed.
Furthermore, SCA set a new record this year for performing the highest number of Systems Technology and Workflow reviews requested by our clients. Due to the number of Client’s requests for this particular service, SCA is booking engagements through the first quarter 2020’ already.
SCA also highlighted and introduced you to our Mortgage Trading platform that allows CFO’s and Secondary Market managers, the ability to buy/sell mortgage assets through our mortgage asset exchange in collaboration with Optimal Blue.
In 2019, SCA saw a dramatic rise in volume associated with our Due Diligence department; most notably in the areas of HMDA, Pre/ Post-Closing QC analytics, Credit and Appraisal review analysis. With the number of new clients added this year, SCA continues to dominate the New England market as the largest provider of due diligence services.
Our regulatory/compliance consulting team comprised of attorneys and subject matter experts reached new milestones by delivering several institutions with Fair Lending, BSA/AML and compliance risk assessments and training to help you manage your agency and regulatory requirements. We are currently working on new training seminars surrounding the new URLA 1003 changes required to be met next year.
Our management consulting team worked in collaboration with many of you to streamline process flows, improve risk management practices, address AI and digital technology challenges, providing training while implementing industry “best practices.” Together, we performed some amazing work over this past year and look forward to duplicating these efforts in 2020’.
Until then, thank you for partnering with SCA and have a spectacular New Year!