Aklero Risk Analytics, Inc. provides mortgage quality control via our Q-Close™ loan quality management platform — a web-based, secure suite that streamlines and safeguards the mortgage process by automating the pre-underwriting, pre-closing and post-closing analysis of loan documentation. Additionally, our MERS QA Solution performs a 2-way and the only automated 3-way solution in the industry.
We use sophisticated technology and processing to automate the detection and identification of the information deficiencies in loan files. We do so with far greater cost-efficiency and accuracy than traditional loan evaluation services or in-house manual reviews.
Aklero CEO Brian Fitzpatrick was recently named a 2012 TECH ALL-STAR by Mortgage Banking Magazine . In only its tenth year, Brian is a two-time winner of this prestigious award. According to the article, Fitzpatrick “conceived of ways to automate data extraction from loan and disclosure documents to compare it to mortgage information in lenders’ systems to detect data quality problems early on.”
To read the article, click here to go to Mortgage Banking Magazine.
Q-Close takes a bold step in addressing how the mortgage industry measures risk and manages the quality of loan production.
Q-Close is the industry’s premier automated Loan Quality Management Platform. Helping lenders, originators and investors improve loan quality and throughput while increasing profits is what Aklero is all about.
If you recognize the need to improve loan quality, you need to click here.
Mortgage Technology Magazine named Aklero Risk Analytics as the 2011 Winner of the coveted, “10x Award”. The 10x Award is given to one company, product or technology application having an exponential impact on mortgage lending.
PreQx technology, part of our Q-Close: Loan Quality Management Platform, addresses lenders stated need for a tool that they could use once a loan application is “Clear To Close” but before the actual Closing.
PreQx Lowers Cost of Pre-Closing Audit Reviews
Aklero’s PreQx lowers the cost of pre-closing audit reviews while significantly increasing the effectiveness and productivity of audit resources. Using Aklero’s powerful document and data validation technology, PreQx performs a granular examination of loan attributes in the original documents and the LOS System and returns the results in 24 hours. Click here to learn more about PreQx.
AKLERO’s approach is straightforward: Based on our domain expertise, we craft automated solutions that examine loans multiple times throughout the loan life cycle. These automated solutions replace outdated, inefficient, and redundant manual tasks that slow down work processes and might leave lenders vulnerable to risk.
Document and Data validation on our loan quality platform Q-Close™ conducts automated electronic analysis of the content of loan files to rapidly and efficiently detect deficiencies at a granular level. Additionally, our powerful data analytics and business intelligence technology enables our clients to easily recognize patterns and trends that are affecting loan quality and enterprise risk.
Loan Quality Management Platform
Our loan quality management platform enables our customers to improve loan quality, avoid secondary market funding delays, minimize repurchase risk and provide better accountability throughout the origination and secondary marketing lifecycle. As a result, our clients are able to significantly increase their profits and reduce losses from repurchases.
Also, our quality assurance technology can also be coupled with our expert audit personnel to add comprehensive loan quality control audits, accurate forensic underwriting examinations and swift mortgage due diligence investigations. This powerful combination of experienced personnel and QC technology enables Aklero to offer best-in-class solutions that other companies cannot match.
Since our own expert staff uses our technology every day to support these services, we are able to continually tune our technology to drive best practices and new functionality in loan quality management.