Business Intelligence Updates Offer Greater Insight into ACE, Rep and Warranty Relief and AMC Trends
November 5, 2018
The latest Business Intelligence release includes a new dashboard and greater insights to help you improve your processes and become more efficient. Here’s what’s new:
New Loan Collateral Advisor® Risk Scoring
The Collateral R&W Performance Report has been updated to include the new LCA Risk Score. Appraisals that aren’t eligible for collateral rep and warranty relief will display in two groups:
- Effective dates on or after 10/31/2018 that use the new score
- Effective dates prior to 10/31/2018 that use the old two-score system
Both the ACE and Collateral R&W Performance Maps have been updated to allow filtering of eligibility results. This helps you spot geographic trends that may be keeping you from receiving automated collateral evaluation (ACE) appraisal waivers or collateral rep and warranty relief on appraisals.
New AMC Dashboard
Get help evaluating Appraisal Management Company (AMC) appraisal quality with an aggregated view of AMC data for:
- LCA Risk Score
- Collateral rep and warranty relief results
- Other Loan Collateral Advisor feedback
With this data, you can identify trends that can help you improve your appraisal process.
Loan Closing Advisor® and Loan Quality Advisor® Dashboards
The Message Results export in these dashboards has a new submission level result column so you can see the submission result for a given feedback message.
For More Information
- Visit the Business Intelligence web page