LoanGrader Loan Accounts Extracts
This DNAapp creates a series of comma delimited loan account extract files for use with the LoanGrader loan portfolio review solution from Lowenstein and Associates, P.C. The extracts can be used with other applications capable of digesting the extract data as well.
Note: To get the most out of the LoanGrader portfolio review solution, this DNAapp should be used in combination with the LoanGrader Deposit Accounts Extract DNAapp by Greylock Technology Group.
Loan review is a critical part of protecting and managing your loan portfolio. To achieve ASC 310 and 450 compliance, lenders should apply consistent standards to all of their loans.
Some DNA® clients choose to accomplish this task with the help of LoanGrader from Lowenstein and Associates, P.C. The LoanGrader application helps eliminate guesswork during “pool” analysis so that your ALLL calculation is accurate and verifiable at the loan level.
This DNAapp will enable your institution to better integrate DNA® with LoanGrader so that when combined with the LoanGrader Deposit Accounts Extract DNAapp, these solutions can help you increase loan portfolio review efficiency with:
- Predictive risk ratings on every account
- Identification of changes, patterns and trends in financials, credit scores and LTVS
- Proper valuation and cross-allocation of collateral values and CLTV accounting
- Relationship liability ledgers
- Continuous data scrubbing and ongoing monitoring of new data for input errors
- Consistent monitoring and automatic grading of all retail credits using the FFIEC Uniform Retail Credit Classification Rules
- Automatic generation of detailed loan review documents in MS Word for any selected loans.
The LoanGrader Loan Accounts Extracts DNAapp creates the following comma delimited extract files for use with the LoanGrader application or any other application equipped to read the csv file data:
- Basic File
- Delinquency Counter File
- Doc Request File
- Employee Flag File
- Insurance File
- Lien File
- Notes File
- Org Role File
- Property File
- Rate Change File
- Receivables File
- Restrictions File
- Roles File
- User File
- Skip Extn File
- Credit Score History File
Note: External Loan Accounts are not included in the extract files.
- Requires purchase or subscription to a third-party solution. Third-party solution is not included in the price of this app.
- This DNAapp was originally designed to work with the LoanGrader solution from Lowenstein and Associates, PC
- This DNAapp might also work with other solutions; please check with your vendor of choice if they are not listed here
- The LoanGrader solution requires both loan and deposit account data to provide full business value. This DNAapp only provides deposit account data. Therefore, we recommend you use this app in conjunction with the LoanGrader Loan Accounts Extracts DNAapp (PS_Loan_Grader) by Fiserv, which provides the required loan account data. Together, these two DNAapps will enable you to get the most out of LoanGrader or other compatible loan portfolio review solutions.
Note: Changes by third-party vendors to their systems, files and integration approaches that impact the functionality of this DNAapp are not covered under maintenance.
Note: Contact your third-party solution provider for instructions on configuring your third-party solution to accept and process the extract file(s) created by this DNAapp.
Exclusions: External Loan Accounts are not included in the extract files.