Loan Delivery Data Validation demo
Before a loan is sold, every delivered field is checked against the signed documents. 1:13
What the demo shows
A delivery solution for mortgage lenders that checks loan data against the file before sale.
Six agents read the delivery file and the closed loan files together and match them line by line. Each delivered field is tied to the page it must agree with, LTV, DTI, payment and maturity are recomputed, and every line is tested the way the investor's edits, the custodian's note certification and the eligibility and price rules will test it, so rejects and repurchase triggers are caught before sale. The analyst accepts each drafted fix; the secondary marketing manager releases.
Transcript
- Loan Delivery Data Validation matches each delivered loan field to the signed closing file before sale.
- One field that disagrees means purchase suspense or a buyback.
- 48 loans are due Friday.
- Danielle presses match. Six agents draw 13,000 lines, each carrying the investor's own check.
- 11 break. On FAM, occupancy says primary, the signed application says investment, and the line snaps red.
- That is a repurchase trigger, so she sends the loan to quality control.
- On Brandt, she accepts each drafted fix, and the broken lines heal green.
- With the other fixes accepted, the investors' checks rerun clean, and Marcus releases 47 loans with fewer purchase suspense items.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.