SAN ANTONIO, March 30, 2017 /PRNewswire/ -- SWBC Lending Solutions™ is excited to introduce a program that will help streamline home equity lending efforts for financial institutions. SWBC created Total Equity Product Solutions to provide a comprehensive product solution from beginning to end for equity lending while ensuring compliance in today's regulatory environment.
Total Equity Product Solutions includes proprietary valuation and title products that help decrease the turnaround times of receiving pertinent information and drastically lowers the price when compared to traditional lending products such as appraisals or title insurance. This solution also includes Protequity, SWBC's Equity Default Protection Program. This program is designed to protect a lender's home equity portfolio against losses due to borrower default.
"We are very excited about our total equity solution," said Ted Robinson, CEO of SWBC Lending Solutions. "We now have specific workflow technology, settlement service, and risk mitigation products to make any size lender more competitive in originating second lien mortgages."
These products are available through SWBC's consolidated workflow platform, LendingXpress™. For more information, visit lendingsolutions.swbc.com.
Headquartered in San Antonio, SWBC is a diversified financial services company providing a wide range of insurance, mortgage, and investment services to financial institutions, businesses, and individuals. With offices across the country, SWBC is committed to providing quality products, outstanding service, and customized solutions in all 50 states. For more information, visit SWBC's website at www.swbc.com.
About SWBC Lending Solutions™
SWBC Lending Solutions provides cost-effective and compliant lending products for originators, loan servicers, and portfolio managers. With products specifically designed for each lending segment, Lending Solutions provides an end-to-end solution designed to maximize efficiency while ensuring compliance in today's regulatory environment. SWBC Lending Solutions is a Morningstar Credit Ratings, LLC, Residential Valuation Ranked Company. For more information, visit www.lendingsolutions.swbc.com.