Arm Yourself with the Ability to Adapt to Unforeseen Regulatory Changes. Provide Transparency To Your Loan Processes.

We pride ourselves on staying current with new interagency requirements and designing technology that can help meet the regulatory demand. Governance demands the consistent enforcement of cohesive policies and processes in both the treatment of new prospective borrowers or in working with existing delinquent borrowers. At the core of our systems is our rules-based process integrity engine Insight that provides tremendous flexibility using simple English commands to create an agile responsiveness to new regulations.

In Spectrum, our Loan Origination System, or Optimizer, our Loss Mitigation System, you will also find complete borrower transparency capabilities. We enable you to provide borrower access to the origination or default loan process, helping you to realize operational gains from their participation and remain compliant. Our technology addresses these critical governance expectations and capabilities:

• Providing a Single Point of Contact (SPOC)
• Providing Transparency for the borrower throughout the life of the loan
• Consistent & Timely Processes for Default Management Service Providers
• Comprehensive Loan Audit Trails - activities time stamped & documented
• Policy Enforcement that includes a scalable responsiveness without adding staff no matter how many loans need to be scrutinized
• Administrative Control to define the processes and decision rights for a given area of responsibility
• Vendor configurations for your 3rd party due diligence providers
• Integration to all major servicing systems

We understand your need to demonstrate your compliance. We designed our systems with complete audit capabilities so that all actions are time stamped, documented and reportable for regulator’s audits. We have Borrower Portal interfaces into our origination and default solutions so that lenders and servicers can remain transparent and offer a single point of contact tool that fosters open communication with their borrowers.

Our systems can easily flex to the scale and compliance demand of your operation or portfolio regardless of how many loans you need to oversee or monitor. We strive to think of it all with integrations into over 300 of the due diligence and data providers used today, including all of the major servicers, making Commerce Velocity an ideal partner to help you manage your origination or default compliance.