New VisiView system helps mortgage industry sort data Loans Finance & Mortgage

New VisiView system helps mortgage industry sort data

As the booming home equity market keeps mortgage bankers busy, many are scrambling to keep up with increasing regulatory requirements.

Add to that per-transaction fees charged by the industry's dominant servicing system and it makes a strong ease for warehousing data to reduce fees and improve reporting capability.

Now Visionet Systems Inc. (http:// www.visionetsystems.eom) has released an alternative to traditional data warehouse solutions: VisiView, a customer and product analytic and reporting system tailored to the mortgage banking industry.

"Creating a data warehouse from the ground up is costly and time-consuming. In contrast, VisiView uses the client's existing data to provide performance metrics and reports for every stage of the mort gage business lifecycle," said Arshad Masood, president of Visionet Systems Inc.

"VisiView is designed with mortgage servicing operations in mind. It connects to any LOS supporting DU/LP-compatible data output and supports feeds from the most widely used servicing system.

"This functionality alone can shave a year off of a data warehouse project."(Continue Reading)

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New VisiView system helps mortgage industry sort data
As the booming home equity market keeps mortgage bankers busy, many are scrambling to keep up with increasing regulatory requirements. Add to that ...(Continue Reading)