DecisionGenius™
Mortgage automation that combines income, credit, assets,
and collateral for cohesive, comprehensive decision-making.
and collateral for cohesive, comprehensive decision-making.
Overview
As mortgage banking technology continues to evolve, most automation solutions remain focused either on the borrower front-end or the mortgage loan originator. However, it is within middle-office mortgage operations – processing and underwriting – where technology can make the biggest impact! Historically any technology in this space has been specialized and disjointed, requiring separate automation paths and the combination of intelligence from multiple systems to get the information you need to make an underwriting decision. With Milos Automation DecisionGenius™ software, you will get a clear recommendation on a file’s ability to close BEFORE it goes to underwriting!
DecisionGenius™ is a mortgage automation solution that combines income, credit, assets, and collateral for cohesive, comprehensive decision-making. You will see all the information you need to make an underwriting decision in one place, comparing application data to sourced data to investor guidelines.
For example, a loan application file is submitted to DecisionGenius™ as it is submitted to Processing. As a result, the Processor has a clear idea of which items will meet underwriting guidelines and where the focus remains. Underwriting then has a clear roadmap into what has already been done on their behalf. In fact, DecisionGenius™ is powered by Milos Automation AuditGenius™ and IncomeGenius® software, developed FOR mortgage professionals BY mortgage underwriters! Our technology processes over 100,000 loan decisions for 100+ lenders annually. The average time savings per loan is 40% with IncomeGenius and growing.
Learn more about DecisionGenius™ here.
Benefits:
- Reduce risk with consistency in underwriting decisions
- Reduce cycle time and Underwriter touches
- Increase pull-through rates
- Improve Processor productivity
- Improve Processor productivity
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How AuditGenius™ works
HousingWire featuring Indecomm's AuditGenius™
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Download Case Study.
How DecisionGenius™ Helps You
To Overcome Business Challenges
The quality of DU findings mirrors the input
DecisionGenius™ provides the missing link between borrower-provided documents and what is required by DU findings.
Automated products often require separate paths, requiring the combination of intelligence from multiple systems
DecisionGenius™ combines income, credit, assets, and collateral for cohesive, comprehensive decision making.
Files are submitted to underwriting before they are ready
Non-Underwriting staff can work from a clear conditions list without burdening underwriting resources.
Underwriters touch files too many times
Send files to Underwriting once the puzzle has been solved with an upfront underwriting review with DecisionGenius™.