Seamless Integrations For More Efficient Warehouse Lending
ProMerit- The most widely trusted warehouse lending system of record.
Wire Account Verification Service (WAVs)
Cybersecurity and fraud risk is at all time high with ransomware, data breaches & increased attacks on closing agents from bad actors. A single instance of wire fraud can be costly, both monetarily and to your reputation.
ProMerit’s integration with FundingShield enables warehouse lenders to initiate a review of standard settlement instructions (SSIs) by validating SSIs against FundingShield’s database of verified wire instructions with a response returned in real-time.
In Conversation: Reducing Risk and Improving Efficiency in Warehouse Lending
SitusAMC’s Anthony Beshara leads a discussion on rising fraud in the warehousing lending industry, and strategies to prevent cybersecurity events. He is joined on the podcast by SitusAMC’s Rich Berg, and Ike Suri and Adam Chaudhary of Funding Shield.
eVault / eNotes
eNote adoption by mortgage originators is on the rise and expected to triple within a few years. To support this growth, warehouse lenders need to manage eNotes at scale from within their existing systems.
ProMerit’s integration with Snapdocs provides a secure and compliant solution for lenders and their secondary market partners to transact eNotes effortlessly. Warehouse banks can now accept eNote transfers, initiate outgoing eNote transfers, reconcile eNote data, and view eNote statuses—processes that typically require manual action within an eVault—all within ProMerit.
eNotes Explained: How to Grow Your Digital Mortgage Strategy
As lenders continue to digitize processes and compete for a better borrower experience, eNote adoption is rapidly increasing. In fact, it's projected that one-third of mortgage transactions will involve eNotes within the next few years. For warehouse lenders, the ability to accept eNotes as collateral is essential to staying competitive—retaining customers, improving profitability, and gaining market share.
Join industry experts from SitusAMC and Snapdocs to explore:
• The key differences between eNotes and paper notes, and why eNotes are a game-changer in digital closings.
• The current state of eNote adoption and the crucial role of an eVault.
• How to leverage eNotes to drive efficiency and accelerate your digital mortgage strategy.
Whether you're new to eNotes or looking to scale, this webinar will provide actionable insights to help you confidently implement and adopt eNotes in your business.