Mortgage QC Automation demo

Every closed loan run through the full QC script before it is sold. 1:13

What the demo shows

A quality control solution for mortgage lenders that reviews every closed loan before sale.

A 386-check QC script runs against every closed loan the moment its closing package is complete: six agents read the whole file, recompute income, debts, assets and fees, check every disclosure and its tolerances, and grade each defect by agency severity. The script stops on a significant defect, every failure links to the page that caused it, and the loan is held from its pool until it is cured; QC auditors confirm every finding and the QC manager signs the monthly report.

Transcript

  1. Mortgage QC Automation reviews every closed mortgage loan for defects before it is sold.
  2. Most lenders sample one loan in ten, after the sale.
  3. Here, every loan runs the script.
  4. The Dorsey loan is last, 386 checks.
  5. Checks race down green, until the ratios stop at red.
  6. Significant defect, debt ratio 51.2, recalculated, against 44.8 approved.
  7. Rent counted in full, a student loan at zero, each linked to its page.
  8. Then an untraced gift and a fee cure, each graded by agency severity.
  9. Owen confirms, Rene sends the cures in time for the October pool.
  10. Every loan reviewed before it is sold, not a sample after.
  11. Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.