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Nexstar Offers New Outsourcing Menu.(Brief Article)
St. Louis -- In many cases, outsourcing mortgage functions tends to be an all-or-nothing affair. But, expanding on its Powered by Nexstar program, Nexstar Financial here has created NexChoice.
Banks and financial service institutions have the option to retain or outsource different portions of the loan origination process, including borrower acquisition, Internet origination, loan processing and underwriting, risk management, and post-closing and investor delivery.
Helen Garrity, executive vice president of Nexstar, said the company created NexChoice in response to what has been happening in the marketplace in recent months.
By using NexChoice, its customers can now outsource areas they are not strong in, while maintaining in-house the things that are their core competency. For example, a bank wanted to have its loan officers take the applications from customers, but was not interested ...
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Source: HighBeam Research, Nexstar Offers New Outsourcing Menu.(Brief Article)