MEMPHIS, TN--(Marketwired - October 12, 2016) - Data Facts, Inc., a nationwide supplier of mortgage lending solutions, announced recently they have added a new product to their suite of offerings. The new Portfolio Review and Monitoring report quickly reviews lending institutions' client credit portfolios.
Data Facts chose to offer this product to their clients for a variety of reasons. Data Facts' Executive Vice President, Julie Wink, explains. "It's essential for our lending clients to maintain a good grasp on their client portfolios, in order to manage risk levels and identify new business opportunities. Utilizing this Portfolio Review product empowers them to predict a client's capacity to pay, reach credit line management decisions, create successful loan modification strategies, and pre-empt delinquency. We consistently review and test products that fit our clients' needs, and we are confident this is one of them."
Portfolio Review and monitoring product gives lenders the ability to choose from a list of 200 data points, and over a dozen scores. It identifies both negative and positive changes to accounts inside and outside of the lending institution to understand the impact and improve treatment strategies. With a fast turnaround time, this report allows lenders to quickly identify, segment and prioritize accounts that meet designated risk levels to improve profitability.
Wink is pleased to offer this product to Data Facts' clients. "We are in the business of helping our clients use information to make better risk management decisions. This product fits seamlessly into our overall strategy."
The Portfolio Review product is one of the many solutions Data Facts offers their lending clients. Visit www.datafacts.com for more information about the Portfolio Review and Monitoring product.
About Data Facts, Inc.
Since 1989, Data Facts, Inc. has provided trusted information to mortgage lending professionals to reach sound lending decisions. Headquartered in Cordova, TN, the company maintains a national footprint and stays on the forefront of industry regulations. This insight allows them to provide a suite of comprehensive solutions to advance their clients' efficiency. Their dedication to operational excellence and personalized support has solidified them as an industry leader for over 27 years.
Their commitment to above industry standards is proven by their sustaining SOC 1 and SOC 2 certifications, all staff members upholding FCRA certification, and maintaining active roles on the NCRA and multiple MBA boards.
In addition, Data Facts, Inc. is certified by the Women's Business Enterprise National Council (WBENC) as a women-owned business.
For more information, please contact Data Facts, Inc. at 901-685-7599 or email info@datafacts.com. Subscribe to the Lending Solution Blog, follow them on Twitter at @dflending, and connect on LinkedIn at Data Facts, Inc. to stay abreast of industry updates.