
Portfolio Monitoring
Ensure loan data is accurate and up-to-date on a daily basis.
Forecast remittance payments to validate expected payments are received. Normalize data across multiple servicers to provide consistent reporting and analysis.
Product Highlights
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► Accept servicer remittance files in multiple formats through automated integrations
►Run data checks to confirm accuracy of data
► Keep loan info up-to-date with latest servicing data
► Forecast P&I payments and reconcile against the servicer’s report
► Track monthly servicing updates for securitized loans
Servicer Updates
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► Report on portfolio rolls, speeds, and delinquency trends
► Track payment, modification, loss mitigation, bankruptcy, and foreclosure histories at a loan-level
► Properly categorize advances and expenses
Reporting
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► Automatically generate journals for loan purchases, sales and monthly remittance updates
► Manage inter-entity transfers and book resulting journal entries
► Enter and allocate cash receipts from servicers
► Reconcile loan-level cash activity against the servicer’s cash receipt
Cash Activity
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► Run cash flow projections on pre-settled and inventory loans
► Calculate loan-level IRR and book yield on any loan instantaneously
► Re-calculate cash flows automatically when purchasing loans and applying remittances
Cash Flow Projections
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► Manage seller putbacks, premium recaptures, and repurchases
► Automatically initiate a claim when an EPD or EPO clause is breached
►Clear conditions with the seller
►Sign funding schedules powered by DocuSign