Minneapolis, Minn. // www.wolterskluwerfs.com
Designed to assign role-based tasks and enhance visibility in mortgage lending operations, Wolters Kluwer’s new Vanceo Mortgage is a loan processing system that creates intelligent, compliant, end-to-end loan origination workflows.
The solution takes a user-centric approach to compliance by providing lenders with intuitive dashboards and intelligence to help narrow in on critical action items. By creating both systematic and manual process checkpoints, the platform eliminates the need for tracking the status and information of a transaction in multiple systems.
Major industry needs addressed by Vanceo
- Role-based access — transaction and task information is provided as well as actions through an at-a-glance dashboard personalized for each user and prioritized by urgency.
- Transaction details — easy navigation to loan-level details with detailed notes for any transaction in progress.
- Task details — users can focus in on the highest-priority tasks and actions required to keep the transaction pipeline and portfolio moving forward.
- Central record for loans — one, centralized database with easy access to address inquiries on a loan in either an open or closed state.