Auto Decisioning & Validation
Getting the best product in front of the right borrower is a big challenge. Mortgage Cadence Orchestrator streamlines the process for comprehensive product selection and decisioning by automatically locating products that match borrower criteria, evaluating lender-defined risk factors, applying fully-adjusted pricing and optionally locking the loan.
Products are selected based on loan data, income, debt ratios, preferences, assets and other information from the borrower and are matched with available loan product guidelines automatically allowing you to provide unrivalled customer service.
Higher efficiency. Shorter loan cycles.
Automated product selection gives you the ability to determine the most appropriate loan(s) for a borrower based on the borrower's profile and available product specifications. Mortgage Cadence Orchestrator also provides you with detailed reasons why the borrower did not qualify for specific products, eliminating the guesswork in the lending process.
Additionally, the ACE
® Rules Engine provides everything from credit risk grading to risk-based pricing, rules-based stipulations, risk and compensating factors. Let us do the work. You concentrate on closing more loans.
Scenario Manager
The Scenario Manager is a security-controlled tool for product comparison and selection. It follows the rules you configure to define the prequalification and application processes and requirements. Here’s how it works:
- Pricing scenarios are either selected from results or created independently and then stored with the loan.
- Detailed loan information for each scenario is displayed next to the original loan, facilitating the examination of different options for the borrower.
- You then have the ability to determine the most appropriate loan(s) for a borrower automatically.
More technological sophistication. Less human error.
Real-time pricing enables immediate registration and rate locking/floating as well as automated adjustments to base pricing across all loans. As services are called, the returned data populates fields for automated decisioning and data validation. Stipulations and conditions are based on dynamic, lender-defined rules. You can approve loans faster and with more confidence.
Easy administration for easy pricing. And that makes for easy lending.
Mortgage Cadence offers a full suite of wizard-based administrative pricing tools designed for business users and require no programming to set up or maintain.
Unlimited flexibility.
With an unlimited number of parameters and guideline grids for each product, you can customize your pricing administration and fee schedules easily. A module allows base investor pricing to be entered directly or imported. From there, multiple rules-based adjustments specific to loan characteristics can be created and applied to reflect tailored pricing for each loan.