Mortgage loan officers (MLOs) achieve their immediate and long-term goals with a new BI telemetry push report.
—Ron de Frates
SAN DIEGO, CA, USA, June 28, 2022 /EINPresswire.com/ — 5X Solutions, LLC, a Fintech company, announced the addition of a loan officer dashboard to its business intelligence solution Mortgage Telemetry BI. This dashboard will be available to Telemetry BI customers at no additional cost and will be released on June 30, 2022.
The dashboard can be emailed to individual Mortgage Loan Officers (MLOs) as well as viewed on the Telemetry BI web portal. This emailed “push report” is secure and gives MLOs actionable insights at their fingertips without having to log in.
The MLO Dashboard can also be viewed on demand by Sales Managers, Branch Managers and Corporate Executives. This allows managers to collaborate with their MLOs to set and achieve goals.
This report includes weekly and monthly performance data. In doing so, it provides forward-looking metrics that will help MLOs achieve their monthly goals. This report includes interactive analyses, KPIs, rankings and dashboards.
“Most loan officers already have a clear idea of where they are for the month. We wanted to validate this and go further by providing a forward-looking vision. We include loans locked in the pipeline, loans released, and a prospect list. These, along with our proprietary metrics, encourage MLOs to take proactive steps to meet their monthly goals. The report urges MLOs to take steps to close their loans and get their prospects into their pipeline. Says Ron de Frates, co-founder of 5X Solutions LLC
Industry experts warn that the current contraction in mortgage lending will force lenders to be proactive in managing their MLOs. Loan officer analytics that inspire MLOs to act are a requirement, not a luxury to enter the second half of 2022.
About 5X solutions
5x Solutions, LLC is a Fintech company providing digital mortgage industry solutions that focus on mortgage business intelligence, automated financial reporting, performance dashboards, data analytics and other tools of BI. It provides lenders with advisory and technology services that optimize resources, improve profitability, contain costs and help increase scalability. With its cloud-based telemetry BI platform, customers have 24/7 access to key performance indicators, metrics, and essential financial reports needed to measure and manage their business. Their turnkey cloud-based business intelligence platform offers a best practices approach to data analysis and reporting. Learn more at http://www.5xsolutions.com or http://www.telemetrybi.com
Ron de Frates
5X Solutions, LLC
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Mortgage Business Intelligence: Know Your Numbers, Know Your Business