The Loan Origination System Built For Success In The Secondary Market.

The secondary market is highly focused on risk management and loan quality, both are paramount concerns for investors and are objectives being enforced by regulators. The Spectrum Loan Origination System engine is designed to be synonymous with loan quality and risk mitigation. Built to expedite the highest quality loans to funding and identify loans in need of further diligence Spectrum:

• Compliments Fannie Mae’s Loan Quality Initiative (LQI) and Freddie Mac’s Quality Control guidelines as well as other investors
• Credit risk management is augmented by allowing lenders to implement their rules and guidelines regarding business and credit policies.
• Enables lenders to connect to due diligence services early in the origination process validating the borrower’s data quality, eligibility, and pricing before, during, and after loan delivery.
• Enables Investor requirements to be factored early on in the qualification of a loan. Creates and secures investor specific document delivery packages.
• Enables rules based loan pooling, pipeline management and reporting
• Monitors and tracks loan and pool level pricing and fees
• Monitors and tracks trade confirmations, commitments and settlement
• Provides Investor Specific Reporting

Essential for the secondary market the Spectrum application allows lenders to evaluate collateral risk models and risk-based pricing from an investor’s perspective, considering the risk-adjusted performance and future profitability of the loan. Call 877-338-7140 today for a demonstration or click here to request one.