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LOAN LOSS INSIGHT

Address the causes of Loan Fallout and Sharpen Your Competitive Edge

Loan Loss Insights

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

Monitors your abandoned or cancelled loans and matches the subject properties with public records data.

Monitor Your Competition

Determine if the loan closed with another institution and if it was a traditional bank or “non-bank”.

Sharpen Your Competitive Edge

Uncover data insights or other issues so you can address fallout causes and increase the number of loans that close.

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:

  • Owner name and subject property address
  • Purchase date and price where available
  • Whether the loan closed with another lender
  • Loan closed date and lender name
  • Competitor terms and rate offered, when available

Change Behavior

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