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Essential resources for the mortgage
industry!
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Analytical Services
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| The MACC-TRAC©
Analysis Process uses the servicer’s data that has been directly
downloaded to the MACC-TRAC©/Vision
Pro© System. Each analyst's station
is connected to a document image server. When an analyst calls up a specific
loan in Vision Pro©
it prompts the analyst with the correct document set to the analyst's screen.
The analyst enters data from the documents into Vision Pro©
. The MACC-TRAC©/Vision Pro©
System instantaneously compares the newly entered data with the system
data. Any conflict in data generates a Dynamic Data
Discrepancy TM flag, forcing the
analyst to reconfirm the last data entered. Reconfirmed and posted data
generates appropriate correction and quality control fields. All
Dynamic Data DiscrepancyTM
exceptions are subject to and tagged for additional quality assurance review.
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MACC-TRAC© then integrates payment history from the servicer’s system and completes the review process by comparing a pro forma allocation of principal and income with the servicer's allocation for each payment. The MACC-TRAC©/Vision Pro© System provides extensive reporting for the client from global overviews to tranched reports; it also provides individual loan reports, customer refunds, IRS forms and customer service access screens.
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Copyright 2004 MACC-TRACtm.