New Dashboard Drives Efficiency, Reduces
Fallout and Enhances Responsiveness
IRVINE,
Calif., Feb. 27, 2024 /PRNewswire/ -- Cloudvirga,
a leading provider of digital mortgage point-of-sale platforms,
announced today it has introduced a new dashboard feature in both
the retail and TPO versions of its platform that enables
originators, brokers and managers to track activity within their
pipelines and prompts necessary actions needed to close more loans
and enhance the borrower experience.
On the home screen of the dashboard, loan officers will be able
to see the status of all the loans in their pipeline and be alerted
to any activity or progress that has occurred recently, and any
change in the loan's LOS status. For example, if it has moved from
processing to underwriting or received a clear to close. Similarly,
mortgage brokers on Horizon TPO will see detailed status of their
loans within the wholesale lender's operations.
The dashboard will also flag activities that originators need to
prioritize that day, improving LO efficiency and enabling them to
be more proactive with their customer interactions.
Users can only see information that they have permission to
access. Permission can be set at the LO, branch, channel or
division levels. A senior level executive, for example, could set
up a dashboard to view activity across all LOs and branches or to
track all loan submission across a wholesale lending channel.
The dashboard's widgets are fully configurable, so users can
determine what information they need to see and how they want to
view it. The dashboard also tracks volume over time, allowing loan
officers and lenders to see trends in their closing and funding
activity over the course of a month.
Finally, the dashboard will present users with national mortgage
rate averages and information on how LTV and credit score typically
affect pricing across the market, allowing originators to better
understand how they stack up against the competition.
"In today's lending landscape, originators and brokers are
keenly aware that every loan counts and they are looking for
information and tools to increase pull through, shorten turn times
and offer the best customer experience," said Maria Moskver,
CEO of Cloudvirga. "Our new dashboard is purposely designed to
equip loan officers and originators with the detailed information
they need to quickly close loans and to proactively deliver the
responsiveness that builds lasting relationships."
About Cloudvirga
Cloudvirga is a leading provider of
digital mortgage point-of-sale platforms. With a focus on
streamlining the loan origination process, Cloudvirga solutions are
designed to enhance efficiency and accuracy in the mortgage
industry. The company's commitment to continuous improvement and
innovation has positioned it as a trusted partner for mortgage
lenders and brokers across the nation. Cloudvirga is a subsidiary
of Stewart Information Services Corporation (NYSE:STC), a
customer-focused, global title insurance and real estate services
company. For more information, visit www.cloudvirga.com
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SOURCE Cloudvirga