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Lending Leaders
This is How We Data
12.05.2024


Ever wonder how LodeStar monitors closing costs throughout the entire country? Here to explain just a little bit of what our commitment to accuracy demands is Ron Carvalho, LodeStar’s own Director of Data Operations.

Data, Data, and more Data

We’ve talked a lot about how Ron Carvalho’s team—LodeStar’s in-house crew of data experts—maintains our fee database. Amid our many overlapping systems, we monitor LOTS of municipal, township, city, and other local newsletters for fee updates. You don’t always know where and how fee updates will be communicated, so it’s important to employ thorough systems to monitor them.

One of the unexpected results of subscribing to local newsletters throughout the country is that you come across a lot of interesting headlines. Stuff about bears spotted on Main Street, rabies discovered in animals, tree lighting ceremonies, and bingo nights being cancelled. It’s a lot of fun for Ron’s team to read these.

If you’re a LodeStar client, you have access to our monthly newsletter for fee updates, where we collect all of the month’s changes. Starting this month, we’re also publishing some of our favorite headlines, so look out for that!

To learn more about Ron’s team and how they monitor national fee updates, listen to the full episode!

 

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