Mortgage Loan Reconciliation Solutions

Loan reconciliation is a process whereby PCLender collects and analyzes empirical data to help lenders make informed decisions. An important quality-control function, loan reconciliation follows the pipeline from cradle to grave to capture all relevant data.

This helps you to:

• Determine profitability by originator, branch, channel, product, investor, and more

• Identify areas of operational risk where revenue may be lost

• Identify opportunities to improve operations and create additional revenue

• Assist with ensuring that database information is accurate and relevant

Where is money being left on the table? Our summary reports make it easy to spot changes affecting profitability.

• Gross Loan Profitability quickly displays profitability in dollars and bps, then breaks down each loan into asset and liability components

• Loan Sale Deviation alerts you when a purchase advice does not reconcile with expected revenue

• Revenue Sales Deviation summarizes deviations from the time the loan is committed on the secondary to the purchase

Our Reconciliation Summary aggregates all transaction information into one easy-to-read document, with areas to reconcile data to the HUD-1 form, lock request, third-party fees, broker checks, branch fees, escrows, warehouse statement, and investor purchase advice. The summary also reflects the net lender income (loss).

The result is a single database containing the information needed to maintain a compliant and profitable business.