As part of the on-going monitoring and management of loans, lenders know reporting is a major component of understanding how well their online lending businesses are doing.
VIEWSource, formerly known as ReportPro, is a powerful monitoring tool giving LOANSource users a view of real-time data and trends for criteria such as loans funded by date, time, underwriter and more.
Using is the Internet’s most powerful and robust tool for gathering statistical events as the foundation for gathering all stats and events, VIEWSource is a customized visualization tool for reporting individual client requirements. This includes formatting, charting, trending and exporting features. VIEWSource is an easy-to-use program that displays statistics collected from lender Web sites and loan processing software.
VIEWSource makes several pre-built reports available from payments-due reports to options for custom reporting. LOANSource is an open source system so lenders can write their own reports using the VIEWSource application or third-party report writers such as Crystal Reports.
Because no lender can anticipate every reporting situation, VIEWSource can be set to a period of time during implementation to develop reports that are specific to each lender’s business.
Performance monitoring for the VIEWSource application is available to review application statistics such as turn-around time for a loan application. This real-time monitoring can also be accessed to view leads, lead acceptance, confirmed applications and click-to-lead ratios, among others, so lenders can monitor real-time business flow and react to variances.