Non-bank lender required off-site underwriting verification
The challenge
Our client was under-resourced and therefore unable to apply internal checks on underwriting decisions. It was seeking external verifications of decisioning processes.
Our approach
- We reviewed all origination decisions for the initial 6 months of trading
- We conducted comparisons of policy decisions v underwriting policy
- We suggested improvements in training for new staff
Our delivery
- We supplied experienced ‘off-site’ underwriters to supplement client resources
- With secure access to the client’s origination system, we completed the project with no disruption to client office day to day processes
- We provided training processes for new staff
