HSBC MORTGAGE SERVICES INC., CHARlotte, North Carolina, has expanded its home-equity line of credit offering to correspondents through Lakewood, Colorado-based Guardian Mortgage Documents' (GMD's) Web-based Next Generation Input System (NGIS[TM]).
NGIS will enable HSBC's correspondent network to order HELOC documents nationwide at any time.
"With the growth in popularity among borrowers of home-equity products, we are making it easier for our correspondent lenders to capture this market," said Mike Brenning, HSBC's director of sales. "We have relied on Guardian Mortgage Documents as a preferred vendor for more than a year, and based on that history we are confident that their document solutions will help our clients capture a growing share of the home-equity origination marketplace."
GMD supplies the closing documents, ensuring the regulatory compliance and delivering ongoing maintenance for HSBC Mortgage Services'...