LoanSafe® Collateral Manager is the next generation in our evolutionary chain of proven collateral risk management products, combining our extensive data with years of experience in econometric modeling to deliver a more powerful collateral risk management tool.
The proprietary collateral risk assessment engine evaluates numerous elements to deliver a clear risk picture, including multiple relationships and comparisons between property characteristics, pricing and appraisal attributes, geographic enhancers or detractors, market volatility, levels of distress in the neighborhood, and other key collateral metrics. This best-in-breed risk management and review product reduces uncertainty, fights exposure to delinquency and over-valuation risk and increases organizational efficiency in applications that include:
- Predicting collateral risk
- Validating appraised values
- Identifying loans for further collateral review
- Stratifying portfolios for collateral-related risk
- Identifying most appropriate valuation tools or services
Granular Scoring and Alerts
LoanSafe Collateral Manager uses an easy-to-understand, one-to-999 scoring system, with one representing the lowest risk and 999 indicating highest risk. In addition, the straightforward interface includes colorful visual cues that help users make quick judgments about each property.
Granular scoring allows greater flexibility in setting risk thresholds and increases transparency into risk groups. The scoring system identifies property groups with lower risk scores, offering the opportunity to employ economical valuation tools and less rigorous review processes. The need for scrutiny increases as the risk score rises. The higher the risk score, the more stringent the review process should be, which may include tighter tolerance AVMs or more involved valuation and review processes. Riskier properties also generate alerts for problem areas, including follow-up suggestions, for rapid, confident decisioning.
Collateral Is Key
With the economic recovery uncertain and home values fluctuating, it’s important for lenders, servicers and investors to be vigilant of property valuations relative to local market performance. LoanSafe Collateral Manager can help distinguish between a rebounding local market and an overvalued property, genuine and poor-quality valuations, and volatile and stable micro-markets, helping to prevent costly losses. LoanSafe Collateral Manager offers a unique ability to zero in on collateral risk. No other tool on the market provides the single-minded focus on property-related risk, backed by the quality of data, model effectiveness and in-depth reporting we provide. In a time of transition, a firm grasp on property risk is key to understanding and managing the complete risk picture.
Next-Generation Collateral Risk Management
LoanSafe Collateral Manager marks a significant leap forward in our risk management approach. Rather than modify our old system, we rebuilt it. The ground-up reconstruction improved our platform by enabling alerts that are more specific and scoring, adding new data sources to increase accuracy and implementing sophisticated analytical techniques to improve intelligence. LoanSafe Collateral Manager is the culmination of more than 20 years’ experience, allowing you to achieve greater confidence in your collateral position while streamlining your workflow.