What’s a white–label home loan? A ‘white–label‘ loan is similar to the home-branded products you find in the supermarket, except in this case, they are home-branded home loans. White–label or ‘home brand’ loans are often just as competitive as loans from major lenders, sometimes even more so.
Correspondingly, what is white label financing?
A white label credit card is branded with your company name and logo and works just like any credit card from a major lending institution. The difference is, you get to offer discounts, a loyalty-reward program, or other customer perks to incentivize repeat and ongoing business.
Furthermore, is white labeling legal?
White labeling is a legal protocol that allows one product or service to be sold and rebranded under another company’s brand. The term “white labeling” is used based on the manual process whiting out something previously written to write over again. Learn more about white labeling CallRail.
What does subservicing mean?
A subservicer is a qualified outsourcing partner that performs all administrative, compliance, and financial servicing activities related to a mortgage loan for a monthly fixed per-loan fee.
What is the basic difference between servicing and subservicing?
Quote: Master servicer means the owner of the right to perform servicing, which may actually perform the servicing itself or may do so through a subservicer. Subservicer means a servicer who does not own the right to perform servicing, but who does so on behalf of the master servicer.