Remote Check Funding: An Emerging Best-Practice in Mortgage Closings

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This white paper discusses the self-service concept and the business case for deploying self-service bill payment in retail and financial environments.

This whitepaper:

• Introduces the concept of remote check funding and explains how best-practice companies in mortgage lending, title insurance, and commercial banking have begun deploying this service to streamline their core processes and cut costs
• Explains how mortgage bankers can use remote check funding to gain a considerable competitive advantage in acquiring and retaining title companies and attorneys as commercial clients
• Details how both mortgage lenders and commercial bankers can leverage remote check funding to gain new sources of revenue and to better manage the delivery of their products and services to the end-consumer