Technology | Front-end Fair Lending Manager | Details

Front-end Fair Lending Manager Product Details

Front-end Fair Lending Manager adapts to your loan origination process

Your institution's lending history provides you with the necessary benchmarks for making lending decisions and offering prices. Front-end Fair Lending Manager fully integrates with your loan origination system and uses your own data to predict prices and decisions for new loan applicants.

Using advanced regression models, Front-end Fair Lending Manager instantly evaluates whether each applicant should be approved or denied and if the quoted price is appropriate. It automatically ensures that booked loans do not contain unfair treatment issues.

The Decision Module instantly evaluates whether applicants should be approved or denied. The Pricing Module assesses whether the price being offered is reasonable from a fair lending standpoint based on past performance.

Front-end Fair Lending Manager provides the information in seconds and is completely transparent to the user. As soon as a loan application is entered, the program predicts the decision and price for that applicant based on your institution's past performance. The results are automatically sent to the loan origination system. Loans containing differing results between the automated review and those of the user are flagged for further action.

Click on the links at the right to download a brochure on Front-End Fair Lending Manager or our white paper on Fair Lending Compliance. Click here to contact a product sales specialist.