Criticized Assets Report

The Criticized Asset Report assists in the monitoring of an institutions criticized assets. It collects all the information needed by Lenders, Credit Departments, Loan Review and Risk Management Departments to allow for quick analysis without wading through several screens of information.
0
In stock
SKU
RESOFTAPP0067
Developed By: Greylock Technology Group
Version: 1.0.0.2 - Published September 2014

The Criticized Asset Report assists in the monitoring of an institutions criticized assets. It collects all the information needed by Lenders, Credit Departments, Loan Review and Risk Management Departments to allow for quick analysis without wading through several screens of information. The report can be used as an attachment to officer comment memos, watched asset reports or loan review reports in order to provide all the statistical data that is needed by the reader (user) without searching core for it.

The management of criticized assets takes much of a lender's time during this difficult economic time. Being able to provide this information at their fingertips saves time and aggravation. The report offers a snap shot of the performance of the relationship. The report compiles loan data by relationship with delinquency, overdraft, and collateral information, among many other items.

 

Benefits

This loan application improves loan department efficiency and accuracy by reducing manual labor of commercial loan officers, loan review and credit departments. It automates the tedious task of assembling the data needed in order to create criticized asset reports. In addition to loan performance data, the report aggregates deposit accounts enabling the user to quickly understand the depth and breadth of the entire relationship.

DNAapp Type:  Report

Developed with DNAcreator™

DNAX File Name: CriticizedAssets.dnax 

CML loans must be risk rated in order to be selected.



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