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Loan Portfolio Monitoring

CaseWare Monitor Applications


The CaseWare™ Analytics platform automates the definition of governance, risk and controls within a financial institution's lending process. The financial institution can then define the control environment from loan origination to servicing and portfolio management. Continuous monitoring of the loan portfolio allows stakeholders to quickly determine, by review of electronic records, any activities or conditions that require attention before they become problems.

Origination

  • Disbursement and original loan amount varies
  • Loan disbursement date and loan start date differs
  • Loans without schedules or incorrect schedules
  • Policy variations at origin – rates, term, principal, fees, penalties, moratorium, etc.
  • Service charges differ and other charges differ from policy
  • Loan approval limits exceeded
  • Collateral information missing/incomplete
  • Potential duplicated disbursement

Servicing

  • Changes to schedules and customer records
  • Principal repayments consistently different from schedule
  • Payments applied incorrectly
  • Delinquency analysis/reports
  • Loans written off but not according to policy
  • Policy variations at servicing – rates, term, principal, fees, penalties, moratorium, etc.
  • Suspicious rescheduling, write-offs or refinancing
  • New loan disbursed to customer with overdue loans
  • Ex-employees still receiving employee loan terms

Loan Management

  • Loan classifications inconsistent/inaccurate
  • Segregation of duties violations — approval, disbursement, adjustments, scheduling, etc.
  • Know your customer (KYC) violation
  • G/L entries incorrect
  • Loan Officer performance reports
  • Loan security margin below policy
  • Aged portfolio at risk (PAR) and repayment rates (RR)
  • Expected maturities within period

Areas of Applications , CaseWare Monitor



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