Loan Boarding

Ensure data tapes from prior servicers are clean and accurate before boarding loans to downstream servicing platforms.

Loans undergo a robust set of data checks to catch issues that can be remediated with the servicer using the Connect portal.

Product Highlights

  • ► Normalize data by mapping boarding tapes from different servicers into a consistent schema

    ► Evaluate loans against configured data checks and generate exception for violations

    ► Track all insurance policies in a single place

    ► Capture and view borrower phone preferences to ensure the correct contacts to call

Enhanced Data Integrity

  • ► Streamline exception clearing to board loans faster

    ► Automatically close exceptions upon loading a revised boarding tape

    ► Empower servicers to view exceptions and provide requested info via the Connect portal

Exception Management

  • ► Facilitate completion of boarding process using flexible and configurable outputs to servicing systems

    ►Custom integrations to third-party platforms available

Integration to Servicing Platforms

  • ► Reduce delays and costs due to missing documents and data discrepancies

    ► Classify and organize documents from the credit package

    ► Extract key data points from documents like the Note, Title, Mortgage, and Escrow Disclosures

    ► Check for required documents prior to boarding loans to servicing systems

    ► Run boarding checks using extracted data points

DocQC

  • ► Review prior servicer exception and data trends in a scorecard

Reporting