One of the leading national providers of mortgage loan subservicing, LoanCare, recently announced its launch of LoanCare AnalyticsTM, an all-in-one portfolio management solution. The proprietary platform supports mortgage servicing rights (MSR) investors and focuses on customer engagement, credit risk and liquidity.
Fannie Mae's Economic & Strategic Research Group's January 2023 Economic & Housing Outlook Commentary shows an upward trend in continuing unemployment claims. Despite the low level, historical data indicates that a broader economic downturn may be imminent if this metric significantly shifts away from the cyclical bottom. Empowering MSR owners with real-time analytics, LoanCare recognizes the upward trend and is likely to make timely, informed decisions and act as per the requirements.
LoanCare AnalyticsTM boosts portfolio management and optimization analysis with filtering and extensive views; it enables MSR owners to connect the dots through their portfolios and act at the loan level. Regardless of the company's size or team's level of expertise, LoanCare AnalyticsTM can help everyone make smarter decisions across the servicing spectrum by leveraging data analytics. With the platform, the users get to know the answers to the questions, including their opinion of buying or selling loans, what portfolio segments the operational areas should concentrate on, and answers about the optimal portfolio attributes like geography, loan type or vintage etc.
LoanCare is a leading national provider of full-service, component, and interim subservicing for mortgage loans. The company is renowned for providing a superior customer experience through customization and ease of use. In addition, LoanCare AnalyticsTM proprietary portfolio management platform quickly identifies risks and opportunities to enable smarter servicing-wide decisions. Since its establishment in 1983, it has been offering loans to banks, credit unions, portfolio investors, and independent mortgage companies for forty years. It is part of Fidelity National Financial, a Fortune 500 company and a leading title insurance and transaction service provider to the real estate and mortgage industries.