New US Funding Signs Three-Year Renewal with BaseCap

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NEW YORK, Feb. 15 10, 2022 (GLOBE NEWSWIRE) — BaseCap Analytics, a recognized leader in mortgage quality control solutions for identifying loan life issues, today announced that New American Funding, the a leading independent mortgage lender on the Top of the Scotsman Guide Mortgage Lenders List, has signed a three-year renewal to continue using the BaseCap Analytics Data Quality Manager, a comprehensive loan lifetime platform used by institutions to detect, collaborate and correct loan defaults.

New American Funding recognized the unprecedented results of 55% “no contact” and 45% “no contact” from BaseCap Analytics’ Data Quality Manager. “BaseCap’s Data Quality Manager gives us innovative features that automate a very detailed process, allowing us to focus our efforts on precisely the few issues that need fixing,” said Carol Norton, senior vice president of Servicing Systems, New American Funding. “BaseCap’s solutions improve our processes and make it easier to adapt to market surges as they occur without changing people.”

In addition to continuing to use BaseCap Analytics’ Data Quality Manager for Post Close QC, New American Funding plans to expand its use across multiple departments.

“We are excited to continue our trusted relationship with New American Funding and provide solutions that help support its premier operations,” said Jason Ahl, Head of Mortgage Solutions, BaseCap. “We appreciate the trust New American Funding has placed in us and are excited to deepen integrations across the business to support its continued growth and success.”

About BaseCap Analytics
BaseCap Analytics is a data solutions technology company focused on helping mortgage quality control become the gold standard for organizations across the industry; improve their ability to make better business decisions by improving the accuracy and quality of every piece of information. BaseCap’s Data Quality Manager platform has been deployed internationally and can be found through Microsoft’s Azure Marketplace as the only Microsoft FSI Cloud Data Quality Partner.

About New US Funding
New American Funding is an independent mortgage lender with a servicing portfolio of more than 222,000 loans for approximately $58.1 billion, 167 locations nationwide and approximately 4,500 employees. The company is a Mortgage Professional America 5-Star Retail Lender in 2021 and has made the Inc. 5000 list of America’s fastest-growing companies seven times. It offers industry-leading professional training and equips its in-branch loan officers with innovative technologies to streamline the mortgage lending process.

For more information, contact
Jason Ahl
Mortgage Solutions Manager
[email protected]
877-842-8251 ext 3

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