LoanComplete, a technology produced by Fiserv, transforms data into automated exception-based processes to empower faster decision making and overall response times.
LoanComplete is a life-of-loan solution to automate and standardize audit reviews, improve loan quality and simplify compliance checks for originators. The solution provides a complete quality loan record audit and creates exception-based processing for origination and servicing operations minimizing FTE involvement. Over the past year, Fiserv benefited significantly from the growing adoption of LoanComplete including the expansion into one of the top five U.S. mortgage lenders and two of the top three largest lending U.S. credit unions. Its technology produces an 800% increase in servicing staff productivity.