Electronic Loan Review                         
 

An automated system capable of checking loans at the point of application and at the pre and post funding stages. For the first time in the history of mortgage banking, lenders have access to a service that allows them to analyze 100% of their production volume - quickly and economically. With Sysdome's Electronic Loan Review (ELR), you can check every loan against a long list of criteria through our far-reaching National Fraud Protection Database (NFPD) and receive concise reports on all files containing questionable information.

ELR is an Exception Report System. Good Loans pass, Problem Loans are identified with an easy to read ELR Alert Report. This presentation pulls together all pertinent data into one, straightforward account with specific Alert Messages and matched data to aid in the review of the findings. For lenders desiring maximum automation, Alert Reports are available in a machine-readable format, which utilizes special codes for interpretation and user-defined actions.

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