Hello Global Risk Community member,
I am writing to share with you how one of the largest privately-owned direct mortgage lenders in the United States was able to integrate continuous and real-time risk intelligence to enhance its Third-Party Management (TPM) function.
For more than two decades, New American Funding (NAF) has consistently focused on leveraging the latest technology to streamline operations and develop a highly efficient lending process to power its industry-leading loan closing times.
When New American Funding hired Frank Ressler to lead its TPM program, he initially considered a legacy TPM system based on traditional assessment practices. Realizing this would not be a good fit for NAF, he imagined a new TPM program that would leverage intelligence and technology to enable better due diligence, greater risk management efficiencies, and considerable cost savings all while delivering greater value to the business units.
He selected Supply Wisdom’s AI-enabled full-spectrum continuous risk intelligence to proactively respond to events for timely and effective risk management.
To learn more about how Supply Wisdom enabled New American Funding to achieve 3x greater third-party management process efficiency and a 10X return on investment, download the case study today.
Best,
Supply Wisdom and Global Risk Community
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