Scienna supplies specialized technology and services to the residential, commercial and consumer loan industries. Scienna offers service and support in the following areas, and more:
- Specialized systems and technical support for due diligence and loan file review.
- Application development with the Scienna .NET framework.
- Mortgage portfolio analysis: comprehensive, concise and creative reporting and insight.
- Loan payment performance analytics and monitoring.
- Distressed residential loan analysis and valuation.
A Diligence Idea That’s Long Overdue
Performing mortgage-related due diligence, audit, file review and data capture requires specialized and ultra-flexible information systems. Projects vary from in-depth, origination-style underwriting to straightforward document inventories and cursory data capture. Review scripts are constantly customized for various clients and loan product types. Lead time is short.
Until now, there have been no specialized due diligence software and attendant support services available on the market, and prospective participants in these business lines have been forced to dedicate substantial time, effort and funds into the development of a proprietary software platform to compete.
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For new firms and companies in related space, such as staffing, this investment has represented a significant barrier to entry.
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Even established due diligence firms have endured an on-going demand on company resources and, in some cases, have struggled to maintain aging systems or faced the need of an onerous redevelopment.
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Sophisticated loan purchasers with the in-house expertise to manage their own due diligence programs have been dependent on outside firms for lack of these tools.
Until now. Click here to learn more about Scienna’s unique software and service offerings in this area.