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Forecast: Management of mortgage property

Product
Developers: Forecast
Date of the premiere of the system: 2014/06/09
Branches: Financial services, investments and audit
Technology: Accounting systems

Management of mortgage property - a management system for a mortgage portfolio of bank, for work with different types of providing, monitoring and assessment of property in pledge, minimization of mortgage risks.

A system is focused on use by specialists of mortgage, credit and legal divisions of banks.

Possibilities of the solution help to define structure of a mortgage portfolio of bank in necessary cuts and to create adjacent reports on credit and mortgage folders.

Using a system pledges specialists plan and control processes of monitoring, assessment and revaluation of providing, prepare the standardized reporting under all regional network. Tools of the software will provide carrying out value and quantitative analysis on the implemented and implemented providing, comparison of mortgage cost and a real sales amount (for understanding and calibration of a rate of mortgage discount on different types of providing).

Use of a subsystem of reference books helps to unify approaches and standards to the accepted providing, valuation methods.

"Forecast: Management of mortgage property" assists in decrease in financial losses due to better examination of transactions, formation of the analytical database on providing for acceptance of the weighed management decisions and quality improvement of customer service of credit institution.