The Collingwood Group and Motivity Solutions automate FHA Neighborhood Watch database.


The Collingwood Group, Washington, D.C., a mortgage industry advisory group, and Motivity Solutions, Denver, a business intelligence technology provider, have released a new technology, NW-Insight, that provides automated access to critical business intelligence on the Federal Housing Administration's (FHA's) Neighborhood Watch database.

The new technology provides FHA mortgage lenders, Ginnie Mae issuers and warehouse lenders with a combination of easy-to-use Web-based analytics, including dashboards and scorecards, to monitor loan performance and to identify and track default trends within an individual organization. Through the use of this technology, FHA lenders, Ginnie Mae issuers and warehouse lenders will now have at their disposal a powerful risk-management tool that will enable them to proactively manage and monitor the FHA compliance of their businesses or the companies they actively do business with, including the performance of their correspondent lenders and third-party originators. By using NW-Insight, users can better avoid potential Credit Watch and Direct Endorsement...

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