Industry's most robust data analytics platform
offers sophisticated Mortgage Servicing Rights (MSR)
analytics
VIRGINIA
BEACH, Va., Feb. 17,
2023 /PRNewswire/ -- LoanCare, a top U.S. mortgage
subservicer, announced it has launched a proprietary, all-in-one
portfolio management solution, LoanCare Analytics™. The platform
was built to support mortgage servicing rights (MSR) investors with
a focus on customer engagement, liquidity, and credit risk.
LoanCare Analytics™ was built to support
MSR investors with a focus on customer engagement, liquidity, and
credit risk.
"Having an all-in-one tool to manage servicing portfolios is
more important than ever, as the market continues to move through
volatile economic conditions. This is a significant technological
advancement for the industry. It offers our clients unprecedented
transparency into their loan portfolio and doesn't require lenders
to hire analysts to weed through the information," said
Dave Worrall, President of LoanCare.
"Our investment in LoanCare Analytics was rooted in our quest to
deliver levels of insight into loan portfolios like never before.
Portfolio managers will benefit from real-time analytics when they
need to make a quick decision on when they should buy or sell MSRs,
without having to mine through millions of data points."
According to the January 2023
Economic & Housing Outlook Commentary from the Fannie Mae's
Economic & Strategic Research Group, there has been a recent
upward trend in continuing unemployment claims, which despite still
being low, historically suggests a broader economic downtown is
imminent if there is a meaningful movement off of a cyclical bottom
in this measure. LoanCare recognizes this trend and is empowering
MSR owners with real-time analytics to make timely, informed
decisions and actions as necessary.
LoanCare Analytics accelerates portfolio optimization analysis
with extensive views and filtering, enabling MSR owners to connect
the dots across their portfolio and take action down to the loan
level. No matter the size of the company or level of expertise on
the team, LoanCare Analytics can help all take advantage of data
analytics to make smarter decisions across the servicing
spectrum.
The platform helps answer the following questions:
- Should we buy or sell loans?
- What are the segments of the portfolio to focus the operational
areas?
- What are the optimal portfolio attributes (geography, loan
type, vintage, etc.)?
"During times of economic uncertainty having access to real-time
portfolio performance analytics is imperative, the companies who
can quickly harness their portfolio data to make confident
decisions will be best positioned for success. LoanCare uniquely
offers the capabilities needed for clients to effectively manage
their portfolios in today's market," said Worrall.
About LoanCare
LoanCare is a top national provider of full service, component,
and interim mortgage loan subservicing. The company is known for
delivering a superior customer experience through personalization
and convenience. Its proprietary portfolio management platform,
LoanCare Analytics™, identifies risk and opportunity quickly to
enable smarter decisioning across the servicing spectrum. For 40
years, LoanCare has been servicing loans for banks, credit unions,
independent mortgage companies and portfolio investors. LoanCare is
part of Fidelity National Financial (NYSE: FNF), a Fortune 500
company and leading provider of title insurance and transaction
services to the real estate and mortgage industries. For more
information, visit www.loancare.com.
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SOURCE LoanCare