Loan Acquisition

Efficiently finance, purchase and sell, securitize or hold residential whole loans. You can monitor the entire loan pipeline, handle third-party reviews, and fund/settle loans on a streamlined, automated basis.

Sellers can utilize a fully integrated portal to lock and price loans on a flow or bulk basis to your eligibility guidelines and pricing. Sellers can monitor their pipeline and upload credit documents and satisfy conditions raised during reviews.

Product Highlights

  • ► Add new sellers through the portal process and maintain their financials

    ► Allow applied sellers to run pricing scenarios

    ► Allow sellers to manage their own users

    ► Track all onboarding activities from the initial inquiry to signing the MLPA

Counterparty Management

  • ► Create product eligibility rules for flow and bulk acquisition

    ► Maintain daily rate sheets with flexibility to override using off-sheet pricing

    ► Create and track forward commitments with sublimits

Pricing and Eligibility

  • ► Allow sellers to register and lock loans

    ►Sellers can upload bid tapes through the Connect portal

    ► Manage loan pipeline for all sellers, including upcoming fundings

Pipeline Management

  • ► Direct orders to appropriate diligence vendors based on product & volume

    ► Manage collateral review through integrations with custodians

    ► View & resolve third-party reviewer’s results using automated vendor data feeds

    ► Empower sellers to view exceptions and provide requested information

Third-Party Reviews

  • ► Securely upload and store credit documents at a trade, pool, and loan level

    ► Exchange documents with third-party vendors through secure integrations.

    ► Upload documents one at a time or in bulk

Document Management

  • ► Manage collateral review through integrations with custodians

    ► Generate funding schedules with amortized balances, calculated interest and fees

    ► Paperless signature approvals with integrated DocuSign technology

Funding

  • ► Load bids of any size in any format

    ► Model new bid tape formats within 15 minutes

    ► Qualify bids against appropriate rate sheets and guidelines

    ► Analyze bids with custom strat views

Bulk Bidding

  • ► 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, 1008, 1003, etc

    ► Validate FNMA 3.4 pricing inputs against extracted data points

    ► Detect data discrepancies between indexed documents

    ► Check for required documents prior to ordering third-party reviews

    ► Preemptively generate conditions normally caught by the TPR

DocQC

  • ► Manage warehouse lines and borrowing activity

    ► Define pricing, eligibility, and sub-limit definitions in accordance with MRAs and PSLs

    ► View liquidity forecast to track any cash short-falls and drive funding decisions

    ► Process fundings and returns on any line

    ► Recalculate borrowing base in real-time for any collateral updates

Pledge

  • ► Perform periodic QC audits on your counterparties

    ► Use configurable questionnaires to conduct loan-level reviews

    ► Adjust counterparty pricing based on audit outcome

Counterparty Audit