WHAT IS MORTGAGE INTELLIGENCE?
Mortgage Intelligence is a term describing the self-awareness of a mortgage lending operation as it relates to its ability to efficiently and effectively manage the mortgage pipeline. A robust mortgage business intelligence (MBI) toolset plays a key role in assessing, and incrementally improving, the level of mortgage intelligence.
CHOOSING A MORTGAGE INTELLIGENCE PLATFORM
Business intelligence has been around for decades now and there is no shortage of business intelligence providers in today’s greater marketplace. However, due to regulations and difficulties associated with the development of a mortgage-specific business intelligence platform, the mortgage industry went underserved for many years and business intelligence, while highly sought after, was only viable for the largest lenders capable of absorbing millions of dollars in development costs and years in implementation time.
In 2009, Motivity Solutions launched a business intelligence platform built by industry professionals and designed from the ground up to cater solely to the unique needs of the mortgage industry. Movation, as it was originally branded, was recognized as the 2009 RELEASE OF THE YEAR by MORTGAGE TECHNOLOGY MAGAZINE.