 
WorkFinity® Mortgage Loan product helps financial institutions to create
a strategic differentiator in their business, product marketing and competition,
and in delivering consistently excellent services to the customers.
Mortgage Loan qualification involves adherence to numerous and often
changing internal policies (credit evaluation, underwriting, loan pricing,
etc.) and external compliance regulations.
WorkFinity® BPRM Engine provides a centralized business rule repository
designed to support rapid changes with the flexibility to manage your
lending rules in a real-time for any type of Mortgage Loan product. In
today’s lending environment these are hard-coded, scattered policies.
With WorkFinity® software you do away with manual practices and rigid
systems that are costly to maintain.
Within the WorkFinity® BPRM you can set up interfaces to external
systems like Credit Bureaus (Experien, Equifax, etc.) and Doc Prep systems
(like Bankers Systems – Rembrandt, etc.), Collateral Tracking, HMDA,
and other third-party applications.
WorkFinity® InstantLX is the key element as part of decision software
generating Instant Mortgage Offers for qualified Consumers.
The mortgage brokers and other partners involved in the mortgage loans
including Title Companies are connected in a real-time environment from
loan origination to closing.
The software allows you to create more-efficient processes that will
keep you ahead of increased competition, changing regulations and fluctuating
loan volumes.
- Purchase
- Refinance
- Home Equity
WorkFinity® BPRM technology automates the entire Mortgage lending business
by adding intelligent decisioning capabilities:
- Mortgage Lending business mapping
- Rules Repository
- Risk-based pricing
- Loan Configurator
- Support your Business Strategy
- Meet Customer Expectations
- Gain process efficiencies
- Delivers high-degree of automation
- Implement rule changes in real-time
- Loan decisions in seconds
- Shorten your loan processing cycle
- Enforce risk-based pricing – ability to set up n-configurations
- Partner Integration in real-time environment
- For Consumers –options to modify loan terms in real-time
- Make counter-offers for Review Loan Applicants
- Manage your marketing campaigns for high loan volume market capture
- Improve up-sell and cross-sell
- Achieve transparency
- Real-time Decision Analytics
- Improve customer acquisition and retention
|