Use industry leading resources for best results.
Enter the mortgage business.
MLinc helps home builders, real estate brokers and community banks originate mortgages, start a mortgage company, form strategic mortgage relationships, or establish a joint venture with the right mortgage lender or broker. The new mortgage entity is considered an Affiliated Business Arrangement ("ABA") by HUD, and MLinc is attentive to HUD's "Ten Factors", important guidelines for regulatory evaluation of the quality and substance of an ABA entity, in its work.
In addition, a representative of MLinc, a nationally-respected expert in establishing ABAs, can serve as a member of your mortgage company management committee to provide guidance and consultation, as appropriate.
As compensation, MLinc receives an hourly fee and / or small financial interest in the mortgage venture for its assistance with the set up, management committee guidance, and help with ongoing requirements, as needed.
Reduce RESPA risk and improve productivity.
MLinc assesses your relationships, ventures, and agreements with settlement service providers to determine attentiveness to HUD's anti-kickback guidelines (Section 8 of RESPA). The assessment includes the review of relevant documents, disclosures, agreements, policies and procedures, interviewing of selected client personnel to understand how the relationships work, identification of opportunities to mitigate risk and increase productivity by improving business models and practices, and reporting of all recommendations through your outside attorney to protect confidentiality, if desired.
Outsource to industry experts.
MLinc and a network of service providers are poised to offer a variety of strategic services and assistance with selected mortgage and administrative functions. These "Solutions Partners" have extensive experience, success in the industry, and platforms for accomplishing economies of scale on an outsource basis. Outsourcing offers the opportunity to reduce fixed and total cost for certain back-end settlement and administrative activities, while focusing internal resources on critical sales, production, and customer care functions. Services that can be contracted include processing support, closing document preparation, closing coordination, funding, post closing, secondary marketing, loan insuring, human resources, benefits, licensing maintenance, compliance, quality control audits, regulatory reporting, finding complimentary business partners ("Strategic Relationeering"), personnel profiling, recruiting, marketing, training, systems and technology, cash receipts, payables, payroll / commission, accounting and financial reporting.
