Week of July 9th

Market Bundle

We've released a brand new bundle of reports to provide volume and borrower trends across the mortgage industry.  These reports are under the new “Market” option in the left navigation bar of Maxwell Business Intelligence.

Borrower Demographics Report

The Borrower Demographics report allows you to compare your borrowers' demographics and credit/risk factors to the market. For example, you may use this report to identify that you are below the market average in percentage of borrower between 18-24 years old, and this is a key initiative.  You could further use this report to track the impact of your advertising spend on this demographic over time, relative to the market average.

Market Volume Report

The Market Volume report allows you to compare your loan volume and key characteristics to the market.

Using a ratio where the average loan volume per month is 100%, you can compare your growth/decline trends versus the overall market in realtime.

You can also view characteristics like rate lock, loan purpose, loan type, property type, and product type to see how your loan distribution compares to the average lender.

Week of July 23rd

Underwriting Conditions Reports

There is a new “Underwriting Conditions” category inside Operations with four new reports!  These reports analyze your underwriting conditions behaviors to track the speed and efficiency of your operations team.

Efficiency Report

Track consistency of conditions per loan and waived conditions.

Turn-Times Report

Compare time-to-clear conditions across various attributes.

Pipeline Report

View the pipeline of active conditions by role and status.

Loans at Risk Report

Prioritize your pipeline with historical turn-times and active condition counts.