INTEGRATED SYSTEM SUPPORTS ORIGINATION
THROUGH UPLOAD TO SERVICING
The Metavante Loan Origination Studio (LOS) is a
comprehensive, Web-based, end-to-end residential
mortgage, consumer, and other equity loan origination
system. LOS provides instantaneous loan decisioning,
integrated services-ordering and seamless movement of
data and documents from the point of sale through loan
closing and the upload of data to the servicing platform
Key Features
- Sales tools to support product eligibility and pricing,
product comparisons, 1003 application data capture,
disclosures, and credit. Also integrates with Fannie
Mae Desktop Underwriter and Freddie Mac Loan
Prospector.
- Configure appropriate access for each user group
with security parameters.
- Intelligent auditing corrects missing data and entry
errors early in the origination process.
- Track and manage loan status, disposition, key dates,
third-party service orders, conditions, and more.
- Produce disclosure, application, closing, and other
documents from within the system.
- Integration with Metavante’s IBS and Bankway core
servicing platforms.
- Customizable reports accessible in real-time.
- Supports credit insurance calculations for major
insurance carriers in all U.S. jurisdictions.
Benefits
- Streamline the entire loan origination process
- Ensure consistent pricing and qualification across
the enterprise
- Increase originator sales productivity
- Access reports filled with real-time data
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Mortgage and Consumer Loan Support
In addition to supporting traditional mortgage loan
types, Loan Origination Studio also provides the ability
to originate consumer and equity loans, including titled
vehicle, secured, unsecured, personal property, and
home equity. The system is configurable to provide users
with access to mortgage, consumer, or both loan types.
Third-Party Service Orders
Loan Origination Studio includes integrations to many
third-party service providers, all managed from one
convenient location with the solution. This enables users
to order, manage, and review service orders and results>
without leaving the application.
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