LOAN LOSS INSIGHT
Address the causes of Loan Fallout and Sharpen Your Competitive Edge
UNDERSTAND YOUR LOAN FALLOUT
Loan Loss Insight is a business intelligence solution that can help provide the data insights to understand pipeline fallout and lost loan business. The solution assists you with understanding where in the origination process the fallout occurred so you can uncover operational, product, pricing or other issues.
Understand Your Loan Fallout
HOW IT WORKS
Just how does our Loan Loss Insight help uncover data insights or other issues in your pipeline?
Track and Monitor Loans
Using loan application and origination data from the Motivity platform, the solution monitors your abandoned or cancelled loans and matches the subject properties with public records data using proprietary algorithms. This will help you uncover data insights or other issues so you can address fallout causes and increase the number of loans that your organization close.
Deliver Valuable Insights
Loan Loss Insight then delivers the following information:
The solution also provides aggregated insights that can be segmented by lender and geography, allowing you to know where you need to improve your operations.
- Number of loans lost
- Total dollar amount of losses
- Percent of loans closed by competitors and by lender name