Use Pega BPM to Stop "Broken Loans"

Wrap and renew your loan origination systems to manage quality control and review processes

Key Challenge
Today's loan origination systems struggle to produce truly high-quality loans, resulting in significant losses for lenders and investors. Bounce back rates have doubled since last year as investors step up repurchase demands. What is missing is the ability to truly manage quality control and review processes in the
systems themselves, whether the loans are originated in house or acquired through brokers and correspondents. External checklists and spreadsheets do not ensure
zero defects in the risk quality and delivery of loans.

The Solution
Our award-winning SmartBPM® suite and Solution Frameworks powered by Build for Change® technology easily wrap and renew your existing systems to stop broken loans:

  • Audit loans against document, data and investor requirements before purchase or closing
  • Guide the audit team through the audit process, enforcing systemic review
  • Walk the resolution team through the right steps to correct each "suspense" error
  • Manage SLAs to improve cycle time

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