How to simplify and improve the lending reports process

Lending reports provide detailed insights into loan performance, borrower behavior, and overall portfolio health. They include metrics such as delinquency rates, credit utilization, and repayment trends. Each piece of data must be accurate to build investor confidence and support strategic decisions. Processing Content A streamlined reporting method transforms complex loan data into clear, actionable insights. […]

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Seriously delinquent loans hit highest level since 2022

Prepayment speeds increased last month on the back of falling interest rates, but seriously delinquent loan volumes also rose the highest amount since June 2022, and the most since June 2018 when excluding the immediate effect of COVID-19. Processing Content The national delinquency rate ticked up seven basis points to 3.72% last month, as the

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MISMO, ALTA issue new title, settlement document guidelines

Two influential groups in the home finance space have teamed up to provide information standards that will streamline title and mortgage closing processes.   Processing Content The Mortgage Industry Standards Maintenance Organization and American Land Title Association announced the publication of two new datasets, both of which should form a digital convention for documentation to benefit

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