AmCap Home Loans Selects LimeGear from LBA Ware to Boost Productivity with Turnkey Business Intelligence (BI)
MACON, Georgia, March 9, 2021 (SEND2PRESS NEWSWIRE) – LBA Ware ™, a leading supplier of motivation compensation management (GCI) and business intelligence (BI) software solutions for the mortgage industry, today announced that AmCap Home Loans (AmCap) has implemented LBA Ware’s LimeGear ™ BI platform in its 143 branches. AmCap also uses LBA Ware’s ICM platform, CompenSafe ™, to manage the incentive compensation of its 600 loan originators.
AmCap is an independent Houston-based mortgage bank that generated $ 4.4 billion in loan volumes in 2020. As an authorized lender in 43 US states, AmCap has adopted LimeGear to empower employees to make better use of its credit data. production and make data-driven decisions in near real life. time.
“As a mortgage lender, we generate so much data that even a number of talented analysts cannot get timely actionable insights by combing and restructuring it manually. With the LimeGear dashboard, I get meaningful insights in ten minutes, which would normally take several days sifting through Excel spreadsheets, ”said Matt Stokes, chief analytics officer at AmCap. “LBA Ware has done its research. They’re mortgage specialists, they know what KPIs and what information we need to meet our business goals, and they’ve built it all for us in LimeGear.
LimeGear promotes the productivity and efficiency of mortgage lenders with turnkey mortgage business intelligence. Visually intuitive dashboards quickly give lenders a high-level overview of critical information with the ability to explore key performance indicators (KPIs) such as volume funded, payout rate, turnaround time, and key performance indicators (KPIs). loan income. Stokes identified LimeGear’s machine learning model, the propensity to finance, which predicts the likelihood of a loan application being funded within 90 days as its most reliable feature. The ability to forecast the volume of the propensity to finance enables lenders to manage warehouse lines of credit more effectively.
“In today’s high volume environment, lenders need timely information that allows them to measure performance, focus on profitability and maximize productivity,” said Lori Brewer, Founder and CEO by LBA Ware. “LimeGear provides this information with turnkey dashboards and reports, no developer is required. “
About LBA Ware ™:
LBA Ware is a leading provider of cloud-based software for mortgage lenders. Since 2008, LBA Ware has been on a mission to help mortgage companies reach new heights with software that integrates data, drives performance and inspires results. Today, over 100 lenders of all sizes, including some of the nation’s most productive mortgage companies, use award-winning LBA Ware technology to enhance the lender experience and maximize human potential within their organizations. . The fastest growing private company of 2020 Inc. 5000, LBA Ware is headquartered in Macon, Georgia. For more information visit https://www.lbaware.com.
About AmCap Home Loans:
At AmCap, we believe in raising the level of mortgage lending. Since 2007, we have experienced steady and continuous growth, which we attribute to our innovative and modern business practices and a simple philosophy: to give good loans to the right borrowers.
In order to continue our legacy as a fiscally sound company dedicated to doing well by our employees and clients, we are constantly seeking new tools, new products and new opportunities to advance the interests of loan officers and buyers of house with which we work. Through our flexible approach to lending and our aggressive pursuit of improvement, AmCap creates a better home buying experience every day.
Twitter: @LBAWare #LimeGear #BI
News Source: LBA Articles