Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers such as AmTrust. It is a unique risk mitigation tool.
This system facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with automatic updates on Magellan Homeloans’s changes. Even though utilising the tool is not a condition for acceptance on the Magellan Homeloans panel, demonstrating you can stay up to date with Magellan Homeloans’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, protect your panel standing.
COMPLETIONmonitor generates real-time alerts, automatically produces regulatory and CQS reports, and will increase your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.