What is real estate outsourcing  and mortgage processing?
455906
it is when the company, usally a smaller bank or credit union cannot afford to own their own mortgage loans.  They outsource, or have have someone else do all the work and take the financial risks of the loan.  the middle man (bank) gets a certain fee each month the loan is current and on the books.  it is a way for small financial institutions to provide full service.
176902
Business Process Outsourcing (BPO)\n\nBPO is the act of transferring some of an organization's repeated non-core and core business processes to an outside provider to achieve cost reductions while improving service quality. BPO offers companies a way of achieving transformational outcomes much more quickly. In a typical BPO contract, a service provider takes over a specific corporate function. \n\nI hope this help you. I've also searched for more informational sites as well as a list of jobs in different cities of India where you can find work. Let me know if you need more\n\nhttp://outsourceking.com/BPO/What-Is-BPO.aspx?ref=aw&gclid=CPTCuMqOi4QCFTguGgodfGJvzg\n\nJobs\n\nhttp://www.bpoindia.org/companies/captive.shtml
646535
Outsourcing (or contracting out) is often defined as the delegation of non-core operations or jobs from internal production within a business to an external entity (such as a subcontractor) that specializes in that operation. Outsourcing is a business decision that is often made to lower costs or focus on competencies. A related term, offshoring, means transferring work to another country or , typically overseas. Offshoring is similar to outsourcing when companies hire overseas subcontractors, but differs when companies transfer work to the same company in another country. Outsourcing became a popular buzzword in business and management in the 1990s.
1187066
Hi,\nI would be happy to provide information on the property and other surrounding properties. That way you can get a complete analysis of the area. Email me the address and scenario of what you want done and I will put some thing in writing for you along with a few loan options and how I can save you 2% on writing the offer, just for using my service. Every transaction is different hence to name of the company is Creative Financial Consultants, because their are 100's of ways to handle a real estate transaction.\n\nKemo Smith\nSr. Consultant\nCreative Financial Consultants\n(888) 232-8007
302129
That depends on if you intend to personally do the lending or if you want to write loans for someone else.  If you're interested in writing loans for a mortgage company or bank, then at that point you are basically a loan broker/officer.  I would suggest that if you want to get into that industry that you work for a mortgage brokerage firm or a bank to understand how to write loans, the laws involved and any licenses necessary.  After that, if you want to persue it on your own, you'll at least understand how the industry works.  There is no better experience than real world training.
156350
It depends on what type of real estate you go into.  Most people work in small offices selling residential real estate others sell new homes.  Some do property management, then the big dogs do land acquisition for investment firms and developers.  The first two types (resale, new homes) are all marketing, sales and handling escrows (paperwork).  Property managers market their rentals then manage the accounts, making sure rent is paid on time and that the properties are maintained in good condition.  Then you have the acquisition people, their jobs involve a lot of research, finding the right land and making sure all plans are feasible and profitable.  \nI hope I have answered your question.
669209
http://www.careerjournal.com/reports/overseas/\n\nhttp://www.tqnyc.org/NYC041160/outsourcing.html\n\nhttp://www.businessweek.com/magazine/content/03_34/b3846027.htm\n\nhttp://money.cnn.com/2004/03/30/news/economy/outsourcing/
457529
Have a look at this webpage I uploaded a few days ago - it has hundreds of definitions of terminology used in real estate and financial services... http://profend.com/answers/financialterminology.html
186832
The industry is full of study guides.  Hit Yahoo and search for a real estate/mortgage study guide.  In CA the license is the same (one license used for both real estate and mortgage), check your state's DRE's website and figure out if you need a special license for mortgage.\n\nAnd the person who posted above is right, this is a professional's market these days and without a strong referral network it's hard to break into the market today.
150625
Realtors make money off their referals to local banks.  Some will push it to the point that they ywill only work with you if you use their lender.  Beware.  See the Money magazine artivel below for more info..\nhttp://money.cnn.com/2006/02/13/real_estate/closingcosts_money_0603/index.htm
530555
Yeah right. I have been looking for a processing job in the Chicago area for 3 months now. I was a mortgage loan processor that got laid off in January. My prior salary was $39,000 USD per year with monthly bonus. Total income for 2005 was $67,000. You're best off trying to go through Monster.com.\n\nAs a processor, you determine things like LTV, DTI, review appraisals, provide customer service and updates, clear conditions as required by the lender, set closing dates if required, as well as many many other things.
712837
What are you talking about? What has this got to do with Real Estate?
493366
It depends on the state in which you want to originate loans.  Here in Minnesota you are not required to have any formal training or licensing to work for a mortgage broker and originate loans.  If you want to own a mortgage company or you want to get paid as an independent contractor (if your broker allows it, mine does) you must apply and pay for a MN State Origination License.  Pay the fee and you are good to go
436623
BPO - Business process outsourcing is the contracting of a specific business task, such as payroll, to a third-party service provider.\n\n\nA call center is a physical place where customer and other telephone calls are handled by an organization, usually with some amount of computer automation. Typically, a call center has the ability to handle a considerable volume of calls at the same time, to screen calls and forward them to someone qualified to handle them, and to log calls. Call centers are used by mail-order catalog organizations, telemarketing companies, computer product help desks, and any large organization that uses the telephone to sell or service products and services.
102803
Foreclosure is the legal proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner's failure to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust". Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, it is typically said that "the lender has foreclosed its mortgage or lien."
327744
I used to be a mortgage processor for citibank, we answered customer and broker calls, we checked the status of the loans, and did the paperwork. It would be a little different if you are working for the broker, for instance you would have more contact (face to face) with the customer.
266412
Why, are you trying to outsource.