Loss Mitigation Waterfall Decisioning demo
Runs the borrower through the right investor's waterfall, step by step, and shows the numbers behind every option. 1:11
What the demo shows
A workout solution for mortgage servicers that runs each borrower through investor rules.
Six agents read the complete application and the loan's history, pick the investor's waterfall in force that day, run every step in order with the rule cited and the arithmetic shown, and draft the evaluation notice; the workout underwriter decides and signs.
Transcript
- Loss Mitigation Waterfall Decisioning runs each homeowner through the right investor's waterfall for mortgage servicers.
- FHA, VA, USDA, and the GCs each set their own tests and they keep changing.
- Six agents read the Whitfield's 23 documents and find a 2024 partial claim.
- Their numbers fall, they can't resume the payment, and the supplement doesn't apply.
- That old claim stops the 30-year option at 21%.
- The 40-year option reaches 25.
- Run all four investors at once.
- The GSE waterfall stops at flex modification.
- Payment reduced 22%. FHA insures this loan, so FHA decides.
- Tamsin signs a payment of $2,127.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.