The Collateral Management System® (CMS®)

FNC’s CMS has fundamentally changed real estate collateral processing and review, helping lenders ensure compliance to regulatory guidelines while decreasing their mortgage lending process from weeks to days and driving down costs.

By interfacing directly with your loan origination, appraisal review, automated underwriting, and risk management systems, CMS enables you to automate ordering, communication, and management of collateral processes and information. CMS converts documents into data allowing you to build your own database of property information.

CMS makes retail lending more efficient; helps you ensure compliance with USPAP and GSE guidelines; reduces mortgage and collateral risk; and cuts costs.

• Automate compliance
• Mitigate risk
• Cut extra people and paper out of the process
• Reduce costs, time, errors
• Customize the system’s logic to automate your manual processes and streamline your business rules
• Build your own property database
• Ensure a consistent process across all lines of business

FNC is the only company that also offers wholesale and correspondent collateral solutions.

• Detect the signs of fraud and ensure compliance
• Manage and evaluate loans coming in a flow or bulk
• Gain insight into collateral value pre-funding
• Perform automated review at pre-funding
• Team easily with other lenders with whom you do business
• Bid in bulk

Now for servicing:

• Order valuation products, track the order, and enjoy a standardized, consistent, documented review, using the same set of rules across the board
• Easily automate periodic value determinations on millions of loans at once
• Manage increasingly higher volumes of loans in default and be confident in their values
• Accelerate production without adding employees, saving both time and money
• Quickly identify risk, ever changing markets, and foreclosures
• Store your collateral data for secure, easy access and follow-up analysis
• Use a centralized tool set—see a loan’s history, review results, and view products ordered on the loan, all at a glance
• Enjoy expanded reporting capabilities—you’ll have current, accurate property data in seconds
• Receive a valuation opinion early in the default process as a low-cost alternative to a BPO

As your portfolio manager, FNC’s Collateral Management System® is exceptional on its own. Add its myriad of other benefits—workflow efficiency, standardization, centralization—and suddenly you gain a system that gives you the competitive advantage you need in this market.