KeyStone looks for flood determination providers that are reliably accurate and priced competitively.
While the reseller owns the direct vendor relationship with the flood determination provider, KeyStone provides a good selection of options and facilitates the contracting necessary to access the services of major flood providers to achieve a low cost service to track orders and fulfillments, including provider scorecards, consolidated reporting and invoice reconciliation for the lender.
There are a set of stakeholders that either are brokers paying for ancillary products themselves, or are borrowers that, in accordance with a lender’s operational rules – must have application or appraisal fees collected, who require fund collection as opposed to monthly invoicing of a bill-to-party.
KeyStone’s payment solutions allow for both, synchronous and asynchronous approaches – all with full reporting and comprehensive dispute management services.