 |
| Create better, more suitable loans | Whether working directly with the consumer through branch offices and consumer direct channels, or focused on third party originations – including bulk acquisitions – achieving the optimal decision with the borrower regarding pricing, product eligibility, best fit and suitibility is more challenging than ever.
Using Overture's Mozart, an underwriting and pricing system fueled by an English language-driven rules protocol, lenders can achieve a “near-certain yes” decision at the outset. Mozart drives the most efficient fulfillment process using current loan origination solutions with no need for a costly system replacement effort to achieve a business transformation success.
Benefits for Origination and Acquisition:
- Speed to market and flexibility: Deployment can be done in 90 days leveraging existing programs or introducing new ones.
- Transparency: Lender decisioning is traceable for audit and compliance purposes while achieving suitability objectives.
- Consistency: The decision engine can be deployed across the organization to ensure consistent lending practices.
- Minimal capital outlay: The solution is available in an on-demand model maintaining current agency, FHA and other prevalent programs as turn-key. Lender ROI is high and immediate.
| | |
|
